Insight - New normal needed for reporting lines

Consolidating matters into one pair of hands is a considerable risk. If the executive were to become corrupted, it could corrupt the entire structure and all its functions.(File pic; KL- skyline and offices.)

IN many companies, there’s a conflict between operating management and the various corporate assurance functions.

The management often rails at regulators for imposing ever more rules to follow, reports to produce, standards to abide by.