Did risk management fail?
Every so often, something bad happens to an organization and people say that risk management, perhaps governance, failed.
forecasting
The accountants’ role in risk management
The International Federation of Accountants (IFAC) has published an interesting and useful piece, Enabling the Accountant’s Role in Effective Enterprise Risk Management.
Business planning and the business of digging holes
I'm in the middle of a pretty large home renovation project right now, which means there's a great big hole in my basement floor and the foundation is fully exposed. It's been that way for weeks now. The reno project isn't delayed due to lack of hard work, it's the planning that's causing the problems. I'm waiting on this and I'm waiting on that. I can fill the hole, but I can't do it until the plumber comes and does his thing. If you're running a business or managing work and workers, I'm sure you have some idea of what I'm talking about.
