#177 – WICKED PROBLEMS – JOSEPH PARIS

Featured

Posted on by
Reply

image001-2-300x300-250x250There are all manner of problems (being an optimist, I rather use the term “challenge”) that we face each and every day.

Most of these challenges are simple enough: what’s for dinner this eve; is there traffic on the highway that is going to impede my progress; do I have any clean underwear, and so on.  Some challenges are more complex; how are we going to meet our production schedule; my primary vendor has failed and I need to bring a replacement on-line; which automobile or house should I purchase and what are the financing options, etc… Continue reading →

#177 – RECOVERY: LEAST UNDERSTOOD ELEMENT OF BUSINESS CONTINUITY LIFECYCLE – GEARY SIKICH

Featured

Posted on by
Reply

Untitled1-150x150The post-crisis recovery phase is one of the least addressed in planning, training and simulations.  This is an area that, if not properly managed, can cost financially, reputationally and operationally.  Communications, internal and external are, at best, misjudged.  Guidelines for recovery are lacking and most entities lose focus when it comes to discussing recovery operations.  It may be that recovery is one of the most complicated of the lifecycle elements and that no two recoveries are going to follow the same pattern.  Continue reading →

#177 – NON-COMPLIANCE PROBLEMS COST 3X MORE THAN A STRONG COMPLIANCE PROGRAM – GREG CARROLL

Featured

Posted on by
Reply

team-carroll-150x150Study shows that non-compliance problems cost nearly three times as much as doing it properly from the start.

Many companies view compliance programs as a headache — something they’re required to invest time and money in, but which produces little. A benchmark report from the United States shows that the opposite is the case. Investing in strong compliance programs saves money in the long run. Continue reading →

#177 – THE FUTURE OF AUDITING – PETER HOLTMANN

Featured

Posted on by
Reply

179fed3-150x150Social collaboration, online audit tools and in-house expertise point the way forward for the future audit.

Using social platforms to support the audit process with electronic audit tools and remote auditors is the way of the future. How we start to position ourselves for the future audit is something I have been thinking about since I first wrote parts of this article in 2013. Let’s look back now to go forward. Continue reading →

#177 – ROOT CAUSE ANALYSIS FRAMEWORK: HOW TO LEVERAGE AND ADAPT A FRAMEWORK TO MEET YOUR UNIQUE NEEDS – JIGNESH PADIA

Featured

Posted on by
Reply

Picture1-5-150x150Albert Einstein once said that … “Insanity is doing the same thing over and over again and expecting different results.” If you find yourself doing a root cause analysis on the same problem again and again, it may be a time to revisit the root cause analysis from a framework point of view rather than a tool.  In this article, I will go over an example of root cause analysis as a risk management framework rather than one of the tools or a process that you use for troubleshooting a problem.   Continue reading →