Non-compliant conduct is already taking place somewhere inside your operations. And scandal is one of your greatest business risks.
If you are like most people, you regularly peruse the Wall Street Journal, taking in the reports about market trends, investor activities and/or political moves that could impact your company’s operations. When you get to stories about businesses embroiled in scandal, you are drawn to the details in the same way that you can’t help but stare at a bad car accident on the highway. While you may feel empathy as you read about executives leading their businesses through the minefields of scandal, it’s also easy to dismiss the possibility that a something similar could take place in your organisation. We’ve got good systems and controls