Understanding and implementing sound compliance programs is a fundamental component of corporate governance and risk management. Effective risk management is not limited to understanding an organisation’s regulator-driven compliance requirements. It also includes managing an organisation’s overall operating context risks, within a business outcomes’ framework in order to mitigate these risks and in some cases, turn them into opportunities. With the increasing costs of implementing compliance systems and risk management measures, questions are often asked about their ‘worth’ to an organisation. In this paper, the costs of non-compliance as well as the benefits of good compliance and risk management programs are considered. Continue reading
Drinking waterborne outbreaks still occur in the developing world. However, it is not always the utility at fault. As the events of Flint continue to unfold, it is worth looking back at our waterborne outbreak history and whether we are doomed to keep repeating the governance errors of the past.
The World Health Organization calls for a catchment to consumer approach to drinking water management. Part of this approach includes understanding the governance framework in which the water supplier operates. Continue reading
Could you be liable for the health of your employees’ children and grandchildren?
Work health and safety legislation in Australia places a strict duty on the ‘person conducting the business or undertaking’ to understand, monitor and mitigate workplace risks. This is not new, we know that employers are responsible for their employees. Continue reading