Quality control assurance processes are put in place for good reasons, and often those reasons have to do with public safety issues or health guidelines. The Volkswagen scandal not long ago saw the auto giant skirting and even completely ignoring emissions standards for the sake of expediency and profits, and they were heavily fined for…
We’ve talked before about the benefits of being proactive versus reactive. Being proactive is more beneficial than being reactive in every aspect of life, whether in business, sports, or just everyday life. A task as simple as crossing a street can illustrate this point: be proactive by looking both ways ahead of time and avoiding…
With GDPR now in full effect, many companies are scrambling to navigate issues the regulations have created for them, and one question is now being more pointedly discussed by many globally: is prescriptive or performance-based regulation better, specifically where personal data is concerned? The Prescriptive Approach The US and Australia both have a more prescriptive…
Chain of Responsibility (CoR) road safety laws will be more stringent from 1 October 2018, affecting all parties in the container transport logistics chain. Meanwhile, rising costs and container trade growth demand continued productivity and business improvements. Safety and productivity are shared concerns between transport operators, stevedores, importers & exporters, freight forwarders, empty container parks…
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. Zuckerberg seemed…
Any company that’s been in business for more than a few months can attest to the fact that compliance is not only a big part of being in business, it’s a moving target that almost changes with the seasons. And the last half of 2017 pushed the focus on compliance into high gear with the…
It 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…
The difference between the auditor and compliance officer within organisations is not always clear. There are definitely similarities and the two have common characteristics with some overlap so it is reasonable to confuse the two as almost merging into one another. They must work together in many cases but there are distinct differences. Distinct and…
At face value, compliance can easily be interpreted as maintaining the status quo, following the rules, and conforming to predetermined and universally accepted norms. And if you choose to believe and adhere to that definition and understanding of the term and the practice, that’s exactly what it will be. But you do have a choice.…