Governance
Results of ignoring management problems.
What is weak leadership?
Out of control spending with no receipts.
What is poor budget controls or poor accounting systems?
When faxes, emails, and voicemails are not delivered?
What is information technology issues?
When company money does not add up and no one addresses the issue (again).
What is ignoring audit or monitoring findings?
When stakeholders and employees lose money/employment to bad CEO/CFO behaviors.
What is congress funding and passing new laws?
Major results of interpartment mis-communications for achievements.
What is missed or unclear project goals?
When one uses company money for personal loan, this means you...
What is having access to cash and accounting records?
If you pull a driver into a department and have them do accounting, you have....
What is human capital problems?
If employee is clocking in the way "someone told" them to but HR never tells them directly, this is ...
What is not knowing the rules?
If Enron could happen nationally then it can happen in individual states.
What is also new state and local laws?
Moving forward with project while problems accumulate.
What is lack of risk indentification?
Personal vacation using company assets.
What is purchase or travel card abuse?
If you buy cleaning product for workplace at $2.00 one month but same amount/type next month for $10.00 and no one notices, you are experiencing...
What is poor record keeping?
An impaired employee is overlooked for promotion over an un-impaired employee.
What is allowing discriminatory practices ?
This was set forth due to Enron and similar companies after the crisis occurred.
What is new federal regulations?
A new incompetent management leading project.
What is hiring for positions of trust without proper vetting?
The electrician only does half the work until they paid fully as verbally agreed.
What is contractor billing issues?
When one is following the policy at work but another does task differently.
What is lack of or outdated policies and procedures?
When one leaves their work computer program unattended without precautions to take lunch, this would be what?
What is example of data security and privacy issues?
Whether affected by Enron or not, these people made their voices heard.
What are citizen complaints?
To fail an audit.
What is a weak organizational structure?
When the un-belled cat has turned his back on the mouse at workplace.
What is allowing conditions for embezzlement and other financial fraud?
One part of project is done but another part is still not finished at the end of a deadline between departments could be what?
What is Untimely or inaccurate reports and communications?
Trouble spots in the company which could enable an employee/consumer to be hurt on property can result in this.
What is lawsuits, health and safety issues ?
When banking and oil companies are caught, this is what happens with both the consumers and investors.
What is bad publicity posing reputational risks?