As the novel coronavirus pandemic (even though the WHO cannot yet bring itself to call it so) keeps developing very dynamically worldwide, we see that in a crisis where people’s, yes entire populations‘ health and ultimately also some people’s lives at stake, the impact on stock markets exceeds the „usual“ risks that organizations face and […]
This post, written in 2017, continues to receive a lot of attention. I have taken the topic up in more detail in a series of posts started in 2019. While I still stand behind what I have written here, this first post was based more on literature research, some personal experience and reflection. The 2019 […]
The title image shows people waiting to be picked up by a bus at the side of the highway in Istanbul. The are standing beneath a sign saying that it is forbidden to stop vehicles on highways to let passengers get on or off… Coping with Ambiguity and Uncertainty This is part 3 of a […]
As Compliance professionals we can think of numerous controls and control enhancements to minimize compliance risks. But is risk minimization really the right objective?