…. the causes of errors and financial losses
**This article was first published in Dec, 2017**
It is said that silence is golden…is it always? Of course not. Have you ever regretted not asking for explanations to instructions given you at work? For Christians, even though we should have absolute and...
“My own experience is, use the tools that are out there. Use the digital world. But never lose sight of the need to reach out and talk to other people who don't share your view. Listen to them and see if you can find a way to compromise”. Colin...
Dear readers, we are all aware of the great strides that the banking industry is making to create convenience and great customer service to customers. However, there is one segment of society who are facing some challenges with the current banking practices.
You can take today’s article with a pinch...
I am sure most of you will believe that despite the opportunities being taken in these times of adversity caused by the COVID 19 pandemic, it has been one of the most challenging years in our lifetime.
The scale of human lives loss is so catastrophic that it is likened...
Dear readers, I have decided to give a new twist to the Risk Watch by sharing sober reflections about some general life events which shows that it is indeed a small world. Far from being a preacher, it is these reflections that makes us sit up and think again...
“For Alibaba, employees that share common values and same organizational culture are our most valuable assets.” - Jack Ma
Dear readers, this article was first published in November, 2019. I still find it very relevant especially in this pandemic era, which has brought its own trouble to bank executives who...
"If you blame others for your failures, do you credit them with your success?" - Author Unknown
Dear Readers, last week, I examined the blame game in risk management and it came out clearly that risk should be owned by all staff, and not just the “Responsible Persons” in charge...
"Wisdom stems from personal accountability. We all make mistakes; own them... learn from them. Don't throw away the lesson by blaming others." -Steve Maraboli
As part of reducing internal frauds, I wish to touch on one of the most sensitive issues in risk management – THE BLAME GAME. From the...
Leaders must be close enough to relate to others, but far enough ahead to motivate them." - John Maxwell
Hello dear Readers, how did you feel about the “Utterances from the grapevine”? Perhaps for some of you, it is no big deal, while to some others, it was insightful. Whatever...
(managing outsourcing risks)
Last week, I started another series of some tips in managing internal fraud. This was triggered by Bank of Ghana’s publication of the 2019 Banking Fraud Report. Most of the data report was not too new but what hurts is the fact that history continues to repeat...