Ethics: Don’t Reward Bad Behavior

Golden Parachute The CEO of United Airlines and two other senior executives stepped down in September of 2015 in the midst of a federal corruption probe and potential violations of the company’s code of ethics. Subsequently, CNBC reported that the United board of directors granted the CEO a $4.9 million termination settlement plus 60,000 shares of

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Blind Spots: Know and Overcome Them

  What are Blind Spots Anyone who learned to drive as a teenager was warned to be aware of the blind spots between what you see in the rear view mirror and the side view mirror. As adults we hear about blind spots but in a much different context. Merriam-Webster defines one type of  blind spot as the tendency to ignore

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Investigations: Get it Right the First Time

Understanding Investigations There is an old saying you only have one chance to make a first impression. The same can be said when conducting internal investigations. Get it right the first time using a sound and well thought out process, one that is effective and ethical. Establish this process before you are faced with a stressful

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The Costs of Operational Risk

Operational Risk The Global Association of Risk Professionals (GARP) refers to operational risk as the “risk of loss resulting from inadequate or failed processes, people and systems, or from external events”. The definition excludes strategic, financial, and market risks. Operational risk is not always clearly understood, and there are often questions about what these inadequate

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