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In business and project management, a responsibility assignment matrix [1] (RAM), also known as RACI matrix [2] (/ ˈ r eɪ s i /; responsible, accountable, consulted, and informed) [3] [4] or linear responsibility chart [5] (LRC), is a model that describes the participation by various roles in completing tasks or deliverables [4] for a project or business process.
The Oz Principle: Getting Results Through Individual and Organizational Accountability is a leadership book written by Roger Connors, Tom Smith, and Craig Hickman. [1] [2] It was first published in 1994. The book, which borrows its title from The Wonderful Wizard of Oz, discusses accountability and results. [3]
"Accountability" derives from the late Latin accomptare (to account), a prefixed form of computare (to calculate), which in turn is derived from putare (to reckon). [6] While the word itself does not appear in English until its use in 13th century Norman England, [7] the concept of account-giving has ancient roots in record-keeping activities related to governance and money-lending systems ...
Another example of diffusion of responsibility revolves around whistleblowing in the work place. Many people employed by companies that regularly committed accounting fraud do not blow the whistle. This is due to lack of individual accountability and moral disengagement.
Articles relating to accountability, answerability, blameworthiness, liability, and the expectation of account-giving. [1] As in an aspect of governance , it has been central to discussions related to problems in the public sector , nonprofit and private ( corporate ) and individual contexts.
Accountability - taking responsibility for actions and their outcomes wherever due; Objectivity - having a well-informed unbiased view on practical matters; Respectfulness - treating colleagues and clients with care and compassion; Obedience to the law – adhering to regulatory and governmental guidelines
Social Accountability 8000 (SA 8000) is an international standard for social accountability management systems. It was developed in 1997 by Social Accountability International, formerly the Council on Economic Priorities Accreditation Agency, by an advisory board consisting of trade unions , NGOs , civil society organizations and companies. [ 1 ]
Corporate accountability is the acknowledgement and assumption of responsibility for the consequences of a company's actions. It can be defined in narrowly financial terms, e.g. for a business to meet certain standards or address the regulatory requirements of its business activities. [ 1 ]