Facebook, Global Data, and Corporate Governance Deficiencies

compliance-strategyHere we analyse the need for better corporate governance in the age of big data through the Facebook scandal
Why does a company need solid governance controls? One need only look at Facebooks stock market value loss in the wake of the social media giant’s recent scandal involving data privacy. In a typical corporation, a $50billion loss of value within a few days would undoubtedly lead to some major changes, and quickly.

Dronesafe Makes Skies Safer in the Age of Drone Technology

Drone-operations-managementIt might seem counterintuitive, but it’s common knowledge and apparently the natural order of things – technology moves much faster than the rules we set to govern it. Automobiles upset the public at first and caused governments to rethink roads. Airplanes caused governments to address the skies, something they’d never had to do before. Now drones are forcing them to rethink the rules about the sky, and public concerns are putting pressure on those decisions.

A Paradigm Shift in Compliance Thinking

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A Tale of Two Businesses

Consider the following scenarios. Two retail managers each have a chain of locations they are in charge of, with massive amounts of inventory across each chain. One relies on the store manager at each location to ensure that inventory levels are where they should be. So once per month they get a message from each store manager that essentially says “inventory is still good!”, and they leave it at that.

How Compliance can Contribute to Exponential Growth

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It’s no secret that the world is changing very quickly in the modern digital world, and that fact applies to every aspect of our lives, both individually as well as in the business world. That basic concept is the basis of a great new book called Exponential Organisations by Salim Ismail, which describes how two critical aspects of running a business is leading to exponential growth that is drastically shortening the time from launch to wild success: outsourcing and software.

Great Auditors Ensure Great Business

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Compliance problems can bring down a business almost as quickly and completely as the controlled demolition of a building, leaving nothing but rubble and destruction behind. This might sound overly dramatic, but it’s essentially true. Compliance regulations come from government, licensing organisations, industry associations, and other bodies which can directly control the way your business operates – and even stop it from operating.

The Importance of Workplace Safety In Your Export Supply Chain

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Your supply chain is essentially a set of successive contractual arrangements designed to provide you with goods and services that you either use internally or pass on to your customers. This is typically a controlled process, best described as a network with contract conditions and oversight so that your organisation can retain control over the quality of the product you are sourcing.

The Brexit Aftermath: Why Identifying And Managing Supply Chain Risk Is More Important Than Ever For Exporters

global_supply_chain.jpgIf you’re an exporter, last week’s shock result in the UK’s ‘Brexit’ referendum has thrown the importance of supply chain management into the spotlight.

Britain’s decision to leave the European Union has rocked markets worldwide, and The Australian reports that some executives and advisers are cooling off on corporate deal-making as boards wait to see how currencies settle and reassess the risk of doing business in Britain.