Steven Minsky's Blog – October 2017 Archive (2)

The FCPA Pilot Program Guides Businesses Towards an ERM Approach

Back in June, the U.S. Justice Department declined to prosecute Boston-based engineering firm CDM Smith on foreign bribery charges, despite learning that the company had in fact paid $1.18 million to officials in India.

The firm paid the Indian…

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Added by Steven Minsky on October 27, 2017 at 6:20pm — No Comments

How ERM Could Have Prevented the Uber and United Airlines Pitfalls

In an increasingly transparent world, failures in risk management within the widespread and nearly instantaneous reach of media outlets ranging from Facebook and Twitter to the Wall Street Journal have had destructive effects on companies like Uber. What started as an evidently ignored employee’s ‘incident report’ posted to a personal blog caught like wildfire only hours…

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Added by Steven Minsky on October 13, 2017 at 4:40pm — No Comments

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