Thursday, April 29, 2004

The lull before the storm

One thing different in this epoch is the surveys and studies being done as to 1) what is the corporation actually doing to respond and 2) how are the bottom line issues of fraud and scandal changing. From many directions, including those Trevor indicated, it is known that corporations are mostly flogging their own internal controls folk and that fraud and scandal trends are up. Promises of compliance with productivity advantage are getting a strong negative management play. Liability insurance is unaffordable. You tell me what is going on.