One article title this week screamed: “Trump Put Companies on Notice: Outsource At Your Own Peril.[1]
President Elect Trump had his first news conference this week and a reporter asked a question of US companies continued sourcing. His response was:
“when you want to move your plant to Mexico or some other place … you’re going to pay a big border tax.”
Ouch. We have heard the tax may be 10% to 35%. Continue reading
What did Albert Einstein, Ludwig von Beethoven, Leonardo da Vinci, Marie Curie and George Washington Carver all have in common? They were all extraordinarily tapped into the imaginative and visual power of the right brain. Playing with jigsaw puzzles daily will tap into the right brain and will could help reduce the risk of dementia. Continue reading
To most, establishing program/department objectives seems like the normal thing to do. However, that is not always the case. Sometimes managers of programs/departments only focus on the purpose of their program/department. For example, the purpose of the audit program is to conduct audits. Continue reading
I’ve managed suppliers at multi-national, US-based firms, and I’ve worked for a large electronics manufacturing services company, and those experiences have given me the opportunity to think a lot about the power dynamics on both sides of the table. Continue reading
Introduction
The focus of this article is on the application of guidance (ISO 31000, FFIEC, etc.) often resulting in the appearance of compliance resulting from a checkbox perspective rather than actually and actively identifying and managing risk(s) by organizations.