Stakeholders including Directors (Executive and Non-Executive) and Senior Management in companies today believe that the threat of THEFT and FRAUD is coming from internal rather than external. Today, the irony is that information is power and yet it is so readily available to one and all. Companies spent thousands and millions of dollars on protecting the companies from external threat and very little or next to nothing on the threat that is coming from inside the Company.
Directors (Executive and Non-Executive) and Senior Management have fiduciary duties towards the sustainability of the Companies where they hold office. Their role is to provide strategy and direction to the Companies and ASK THE RIGHT QUESTIONS to the Operating Management. Asking the RIGHT QUESTIONS IS VITAL and more importantly KNOWING WHAT TO ASK IS even more so.