To clarify, the question I am asking is twofold. One relates to the perceptions created for the end client, management and the Board. The second relates to governance. Taking the second question first, does having risk and audit report through to one person mean that that person has a conflict of interest? When might this
I thought this article by the UNSW Business School put forward a well-balanced argument for and against the Australian Institute of Company Directors’ push for changes to corporations law to afford directors broader protection (see AICD article here). In essence the argument goes that if directors feel too much at risk of personal liability they either
I was researching about decision-making (again) recently and I came across this article by the late Dr Russell Ackoff, a “Systems Thinker”, called “Why few organisations adopt systems thinking”. In the article Dr Ackoff writes about how organisations are naturally resistant to change and opines on our tendency to find a scapegoat when things go
As a Trusted Advisor in Risk do you focus on all the decisions the business is making or do you focus on the big issues? I bet you thought to yourself, of course I focus on the big issues, they are the ones that count. Now, what if I asked you, “as a Trusted
I was reading a recent article from Knowledge@Wharton called “It’s Worth What!? Pressure-testing Companies with Sky-high Valuations” based on a book by Derek Lidow about Startups and what leadership style is needed at which point. So if you are a stock market punter it is worth a full read. I was attracted to the article because