Fighting global corruption by building sustainable corruption risk assessment process and developing a proactive risk management plan proportional to your organization’s risk exposure. Presented by Eric Pesik at Asia Risk Professionals Congress at the Carlton Hotel, in Singapore, March 2012
Introduction to Operational Risk Management for Bank Junior Officers in Indiamlvenkat
This is an introductory, self-explanatory presentation on Operational Risk Management for Junior officers in Banks in India, illustrated with lots of interesting images to make the concepts easy to understand. Follow the link at the end of the slides to read interesting Op Risk stories compiled from day to day banking, which can be used for group exercise or better personal understanding. (Answers are not given! You have to generate them yourselves or from team members ! ).
(The story on Corporate Banking may appear similar to the recent Banking scam -Feb 2018- in India, but then, similar frauds have been repeatedly happening in one Bank or the other in the last 30 years in India. Neither Commercial Banks in India nor Reserve Bank of India have learnt the operational risk lessons).
You are free to use the slides and my stories for your work.
You can customise the stories to suit your banking environment and/or to add your own Bank stories to build up a library of Op Risk events.
I acknowledge and thank Internet and all original creators for providing cartoons, illustrations, photos, jokes and information which I have liberally used in the PPT.
Jonathan K. Becker is a theatre professor specializing in physical acting, movement, stage combat, masks, and puppetry with over 25 years of teaching experience at universities across the US and abroad; he holds both MFA and MA degrees and has extensive training in performance techniques; he currently teaches at Ball State University and owns an online business creating masks and puppets for theatre productions.
This document provides an agenda and overview for Deutsche Börse Group's 2015 Investor Day in London on June 2nd. The agenda includes presentations on the group overview, cash and derivatives markets, post-trade services, and market data and services. The document also discusses the changing market environment and regulatory landscape, Deutsche Börse Group's business model and strengths, financial and operational performance, growth strategy through partnerships and M&A, and outlook for meeting mid-term revenue targets.
Jeffrey Tessler, a member of Deutsche Börse's executive board, welcomes guests to a symposium on the role of capital markets and banks in fueling economic recovery. He notes that Deutsche Börse processes all steps of the trading, clearing, settlement and custody cycle, making it affected by financial regulations. Tessler believes regulated markets can balance market freedom and stability, as long as regulation avoids hidden agendas that undermine fair competition. Overall, Tessler supports regulation aimed at rediscovering core values like responsibility, integrity and transparency, while acknowledging challenges around regulatory costs and uncertainty.
Introduction to Operational Risk Management for Bank Junior Officers in IndiaVenkataraman Mudaliar M L
This is an introductory, self-explanatory presentation on Operational Risk Management for Junior officers in Banks, illustrated with lots of interesting images to make the concepts easy to understand. Follow the link at the end of the slides to read interesting Op Risk stories compiled from day to day banking, which can be used for group exercise or better personal understanding. (Answers are not given! You have to generate them yourselves or from team members ! ).
(The story on Corporate Banking may appear similar to the recent Banking scam - Feb 2018 - in India, but then, similar frauds have been repeatedly happening in one Bank or the other in the last 3 decades in India. Neither Banks nor RBI appear to have learnt the operational risk lessons).
You are free to use the slides and my stories for your work.
I acknowledge and thank Internet and all original creators for providing cartoons, illustrations, photos, jokes and information which I have liberally used in the PPT.
Positioning project, programme and portfolio risk Dr David Hancock
What is meant by risk and is it different from the project, programme, portfolio and organisational perspective. How does it differ fro Major Projects and what about wicked, tame and messes.
Behavioral Economics At Work Nunnally, Steadman, Baxter Las Vegas Finalksteadman
The document summarizes a presentation on behavioral economics and judgment risk given by Tyler Nunnally, the founder and CEO of Upside Risk. The presentation discusses concepts from behavioral economics like heuristics and biases that can lead to judgment errors, and examines how risk appetite can impact decision making and business performance. Best practices for managing judgment risk and reducing biases are also covered.
Introduction to Operational Risk Management for Bank Junior Officers in Indiamlvenkat
This is an introductory, self-explanatory presentation on Operational Risk Management for Junior officers in Banks in India, illustrated with lots of interesting images to make the concepts easy to understand. Follow the link at the end of the slides to read interesting Op Risk stories compiled from day to day banking, which can be used for group exercise or better personal understanding. (Answers are not given! You have to generate them yourselves or from team members ! ).
(The story on Corporate Banking may appear similar to the recent Banking scam -Feb 2018- in India, but then, similar frauds have been repeatedly happening in one Bank or the other in the last 30 years in India. Neither Commercial Banks in India nor Reserve Bank of India have learnt the operational risk lessons).
You are free to use the slides and my stories for your work.
You can customise the stories to suit your banking environment and/or to add your own Bank stories to build up a library of Op Risk events.
I acknowledge and thank Internet and all original creators for providing cartoons, illustrations, photos, jokes and information which I have liberally used in the PPT.
Jonathan K. Becker is a theatre professor specializing in physical acting, movement, stage combat, masks, and puppetry with over 25 years of teaching experience at universities across the US and abroad; he holds both MFA and MA degrees and has extensive training in performance techniques; he currently teaches at Ball State University and owns an online business creating masks and puppets for theatre productions.
This document provides an agenda and overview for Deutsche Börse Group's 2015 Investor Day in London on June 2nd. The agenda includes presentations on the group overview, cash and derivatives markets, post-trade services, and market data and services. The document also discusses the changing market environment and regulatory landscape, Deutsche Börse Group's business model and strengths, financial and operational performance, growth strategy through partnerships and M&A, and outlook for meeting mid-term revenue targets.
Jeffrey Tessler, a member of Deutsche Börse's executive board, welcomes guests to a symposium on the role of capital markets and banks in fueling economic recovery. He notes that Deutsche Börse processes all steps of the trading, clearing, settlement and custody cycle, making it affected by financial regulations. Tessler believes regulated markets can balance market freedom and stability, as long as regulation avoids hidden agendas that undermine fair competition. Overall, Tessler supports regulation aimed at rediscovering core values like responsibility, integrity and transparency, while acknowledging challenges around regulatory costs and uncertainty.
Introduction to Operational Risk Management for Bank Junior Officers in IndiaVenkataraman Mudaliar M L
This is an introductory, self-explanatory presentation on Operational Risk Management for Junior officers in Banks, illustrated with lots of interesting images to make the concepts easy to understand. Follow the link at the end of the slides to read interesting Op Risk stories compiled from day to day banking, which can be used for group exercise or better personal understanding. (Answers are not given! You have to generate them yourselves or from team members ! ).
(The story on Corporate Banking may appear similar to the recent Banking scam - Feb 2018 - in India, but then, similar frauds have been repeatedly happening in one Bank or the other in the last 3 decades in India. Neither Banks nor RBI appear to have learnt the operational risk lessons).
You are free to use the slides and my stories for your work.
I acknowledge and thank Internet and all original creators for providing cartoons, illustrations, photos, jokes and information which I have liberally used in the PPT.
Positioning project, programme and portfolio risk Dr David Hancock
What is meant by risk and is it different from the project, programme, portfolio and organisational perspective. How does it differ fro Major Projects and what about wicked, tame and messes.
Behavioral Economics At Work Nunnally, Steadman, Baxter Las Vegas Finalksteadman
The document summarizes a presentation on behavioral economics and judgment risk given by Tyler Nunnally, the founder and CEO of Upside Risk. The presentation discusses concepts from behavioral economics like heuristics and biases that can lead to judgment errors, and examines how risk appetite can impact decision making and business performance. Best practices for managing judgment risk and reducing biases are also covered.
Understanding Risk Before You Start Managing It 2 Richard NeweyBPUG Congress
http://www.bpugcongress.com/
This presentation was at the 2009 event in London. People learn about and start practicing Risk Management before fully understanding risk itself. The result of this is that professional risk managers are very able to run the process but they are not able to fully convey the meaning and consequence of the risks themselves to the participants in projects. Read the presentation from Richard Newey, Partner, Value, Planning & Risk Team, Davis Langdon.
Best Practices in Applied Behavioral Financetnunnally
The program provides a basic understanding of the behavioral biases and emotional responses that often cause irrational financial decision-making. Participants will learn how to identify key risk factors in the decision making process and will be taught methods to help mitigate them.
Highlights from the Risk Management Perspectives Conference organised by the Society of Actuaries in Ireland (SAI) in November 2014.
For more information on the SAI, go to: www.actuaries.ie
Please feel free to share this presentation and connect with me in LinkedIn.
This document defines key concepts related to risk and loss treatment. It discusses definitions of risk, loss exposure, perils, hazards, and classifications of risk such as pure vs speculative, diversifiable vs non-diversifiable, enterprise, and systematic. It also covers personal risks like premature death, retirement, health issues, unemployment, and addiction as well as commercial/business risks including property damage, liability, loss of income, cybersecurity, and other risks.
The Imperatives of Investment Suitabilityfinametrica
Presentation given by Paul Resnik (Co-Founder, FinaMetrica) at the National Institute of Securities Markets (NISM) in Mumbai, India. It emphasizes on the importance of measuring risk tolerance of investors in the process of matching investment products to an individual's needs. Visit www.riskprofiling.com to know more.
Risk refers to the possibility of loss or an unfavorable outcome from an action or event. It includes two elements - an uncertain outcome and the possibility of an unfavorable result. There are several types of risk including pure risk (loss or no loss), speculative risk (loss, gain, or no change), and fundamental risk that affects large populations. Businesses also face strategic, compliance, operational, financial, and reputational risks. Perils are the causes of potential losses, such as natural events, theft, riots, strikes, accidents, and economic downturns. Hazards increase the severity of losses from perils. Risk management aims to reduce or mitigate risks and losses through insurance and other techniques.
Measurement, Quantitative vs. Qualitative and Other Cool StuffJody Keyser
InfoSec Measurement and Quantitative vs Qualitative Methods
Recorded Webinar Here:
https://www3.gotomeeting.com/register/604059902
Aliado and Risk Centric Security would like to introduce you to the world of quantitative risk and decision analysis.
Our webinars will provide you with a glimpse of the power and credibility that quantitative methods can bring to the problems that Information Security Professionals face every day
Topics covered include:
What is risk?
Possibility and Probability
What is a measurement and what is it for?
Qualitative vs. Quantitative methods
Static modeling vs. Monte Carlo simulation
Calibration and the power of a calibrated estimate
Modeling Expert Opinion and the RCS BetaPERT calculator
A. Definitions
1. Risk
2. Risk and Opportunity
3. Possibility vs. probability
4. Measurement
5. Precision vs. accuracy
6. Qualitative vs. quantitative methods
The document discusses how to conduct a risk assessment by identifying critical assets, threats, vulnerabilities, and risk levels. It explains assessing risk as the impact multiplied by the probability of a threat exploiting a vulnerability. The process also involves developing mitigation options, determining new risk levels, and getting client approval on the acceptable level of risk.
This document summarizes a presentation about financial accountability and risk management for nonprofits. The presentation covers compliance with government regulations, accountability through financial policies and oversight, identifying and managing risks, and crisis management strategies. It provides tips and checklists for preventing fraud, responding to financial crises, and maintaining public trust through transparency and ethical practices.
This document summarizes a presentation about financial accountability and risk management for nonprofits. The presentation covers compliance with government regulations, accountability through financial policies and oversight, identifying and managing risks, and crisis management strategies. It provides tips and checklists for preventing fraud, responding to financial crises, and maintaining public trust through transparency and ethical practices.
Risk Management is more than just Risk Avoidance.
Go beyond IT Audits, Security Assessments, checklists and checkboxes. Join Michael Scheidell, Certified CISO as you move beyond Risk Assessments and Risk Management into Risk Enablement.
Risk Enablement is the process of developing an Enterprise Risk Management program that facilitates and encourages a strategy of supporting TAKING Risks. The requirement of any growing company.
Find out how to build a culture of informed Enterprise Risk Management.
(related whitepaper at http://blog.securityprivateers.com/2014/03/to-achieve-good-security-you-need-to.html
Organi-cultural deviance 2013- White Collar Crime & CriminalityJoe Collins
This document summarizes a presentation on organizational deviance and white collar crime. It discusses how corporate culture and leadership can enable criminal behaviors when goals emphasize profits over ethics. Deviant organizations exhibit traits like illusion of invulnerability, groupthink, and pressure to conform. Examples provided include corruption in government, toxic leadership at firms like Lehman Brothers, and parallels between criminal gangs and some corporations. The document advocates reducing unethical behavior through clarity on standards, role modeling, achievable goals, transparency, and enforcement.
Risk management involves three key steps: 1) identifying potential risks, 2) assessing the likelihood and impact of those risks, and 3) taking actions to eliminate, mitigate, transfer, or accept the risks. It is important because risks are everywhere and failures to properly manage risks can lead to bad or catastrophic outcomes. However, humans are often poor at objectively assessing risks due to cognitive biases that cause us to misremember outcomes and misunderstand probabilities. Proper risk management requires accurately evaluating both the likelihood and consequences of potential risks.
Moving from Process to Purpose, Risk Management after COVID19 chungarisk
This document provides summaries of key concepts in risk management and decision making.
It begins with definitions of situational awareness, mental simulation, and naturalistic decision making. These concepts emphasize gathering information, anticipating outcomes, and making decisions under uncertainty.
The document then discusses features of naturalistic decision making, including ill-defined goals, uncertainty, shifting priorities, and high stakes. It notes decision makers must react to changing conditions and work within dynamic organizations. Several models are highlighted, emphasizing recognition of patterns and situation assessment.
In closing, the document outlines four strategies for managing positive risks and opportunities: pursue, optimize, exploit, and share ownership with others. This emphasizes both accepting advantages and actively working to increase
This document provides instructions for how to request and receive help with an assignment from the website HelpWriting.net. It outlines a 5-step process: 1) Create an account; 2) Complete an order form with instructions and deadline; 3) Review bids from writers and choose one; 4) Review the completed paper and authorize payment; 5) Request revisions until satisfied. It emphasizes that original, high-quality content is guaranteed, with refunds offered for plagiarized work.
This document discusses justifying physical security investments and solutions. It begins by outlining the current economic realities and areas of loss organizations face from employee fraud, organized retail crime, insurance fraud, and workplace violence. It then discusses the fraud triangle of opportunity, temptation and rationalization that can lead to negative behaviors. The document advocates for physical security as a form of risk management and outlines various physical security solutions to mitigate threats. It argues physical security should be viewed as an investment with a return through reducing losses from crime and liability.
The document discusses behavioral finance at JP Morgan. It provides an overview of behavioral finance concepts like overconfidence, loss aversion, and prospect theory. It then discusses how JP Morgan implements behavioral finance principles in its funds and products, focusing on overconfidence and loss aversion. Specific funds mentioned include the Intrepid Funds, which aim to capitalize on emotions that cause poor investment decisions.
Reviewing Contract Key Terms and ConditionsEric Pesik
This document provides an agenda and resources for a two-day training on reviewing and improving contract terms and conditions. The training will cover topics such as understanding contract language, identifying risks, remedies for breach of contract, risk allocation strategies, and interpreting contracts. It also includes a list of recommended books and articles on contract drafting best practices.
Why fonts matter in 2 slides by @EricPesikEric Pesik
This 2 slide presentation argues that fonts matter and includes images to support its point. The first slide states that the presenter will never let the audience go while including an image of hands holding on. The second slide repeats that the presenter will never let the audience go and features a photo of hands tightly gripping a railing.
More Related Content
Similar to Fighting Global Corruption by @EricPesik
Understanding Risk Before You Start Managing It 2 Richard NeweyBPUG Congress
http://www.bpugcongress.com/
This presentation was at the 2009 event in London. People learn about and start practicing Risk Management before fully understanding risk itself. The result of this is that professional risk managers are very able to run the process but they are not able to fully convey the meaning and consequence of the risks themselves to the participants in projects. Read the presentation from Richard Newey, Partner, Value, Planning & Risk Team, Davis Langdon.
Best Practices in Applied Behavioral Financetnunnally
The program provides a basic understanding of the behavioral biases and emotional responses that often cause irrational financial decision-making. Participants will learn how to identify key risk factors in the decision making process and will be taught methods to help mitigate them.
Highlights from the Risk Management Perspectives Conference organised by the Society of Actuaries in Ireland (SAI) in November 2014.
For more information on the SAI, go to: www.actuaries.ie
Please feel free to share this presentation and connect with me in LinkedIn.
This document defines key concepts related to risk and loss treatment. It discusses definitions of risk, loss exposure, perils, hazards, and classifications of risk such as pure vs speculative, diversifiable vs non-diversifiable, enterprise, and systematic. It also covers personal risks like premature death, retirement, health issues, unemployment, and addiction as well as commercial/business risks including property damage, liability, loss of income, cybersecurity, and other risks.
The Imperatives of Investment Suitabilityfinametrica
Presentation given by Paul Resnik (Co-Founder, FinaMetrica) at the National Institute of Securities Markets (NISM) in Mumbai, India. It emphasizes on the importance of measuring risk tolerance of investors in the process of matching investment products to an individual's needs. Visit www.riskprofiling.com to know more.
Risk refers to the possibility of loss or an unfavorable outcome from an action or event. It includes two elements - an uncertain outcome and the possibility of an unfavorable result. There are several types of risk including pure risk (loss or no loss), speculative risk (loss, gain, or no change), and fundamental risk that affects large populations. Businesses also face strategic, compliance, operational, financial, and reputational risks. Perils are the causes of potential losses, such as natural events, theft, riots, strikes, accidents, and economic downturns. Hazards increase the severity of losses from perils. Risk management aims to reduce or mitigate risks and losses through insurance and other techniques.
Measurement, Quantitative vs. Qualitative and Other Cool StuffJody Keyser
InfoSec Measurement and Quantitative vs Qualitative Methods
Recorded Webinar Here:
https://www3.gotomeeting.com/register/604059902
Aliado and Risk Centric Security would like to introduce you to the world of quantitative risk and decision analysis.
Our webinars will provide you with a glimpse of the power and credibility that quantitative methods can bring to the problems that Information Security Professionals face every day
Topics covered include:
What is risk?
Possibility and Probability
What is a measurement and what is it for?
Qualitative vs. Quantitative methods
Static modeling vs. Monte Carlo simulation
Calibration and the power of a calibrated estimate
Modeling Expert Opinion and the RCS BetaPERT calculator
A. Definitions
1. Risk
2. Risk and Opportunity
3. Possibility vs. probability
4. Measurement
5. Precision vs. accuracy
6. Qualitative vs. quantitative methods
The document discusses how to conduct a risk assessment by identifying critical assets, threats, vulnerabilities, and risk levels. It explains assessing risk as the impact multiplied by the probability of a threat exploiting a vulnerability. The process also involves developing mitigation options, determining new risk levels, and getting client approval on the acceptable level of risk.
This document summarizes a presentation about financial accountability and risk management for nonprofits. The presentation covers compliance with government regulations, accountability through financial policies and oversight, identifying and managing risks, and crisis management strategies. It provides tips and checklists for preventing fraud, responding to financial crises, and maintaining public trust through transparency and ethical practices.
This document summarizes a presentation about financial accountability and risk management for nonprofits. The presentation covers compliance with government regulations, accountability through financial policies and oversight, identifying and managing risks, and crisis management strategies. It provides tips and checklists for preventing fraud, responding to financial crises, and maintaining public trust through transparency and ethical practices.
Risk Management is more than just Risk Avoidance.
Go beyond IT Audits, Security Assessments, checklists and checkboxes. Join Michael Scheidell, Certified CISO as you move beyond Risk Assessments and Risk Management into Risk Enablement.
Risk Enablement is the process of developing an Enterprise Risk Management program that facilitates and encourages a strategy of supporting TAKING Risks. The requirement of any growing company.
Find out how to build a culture of informed Enterprise Risk Management.
(related whitepaper at http://blog.securityprivateers.com/2014/03/to-achieve-good-security-you-need-to.html
Organi-cultural deviance 2013- White Collar Crime & CriminalityJoe Collins
This document summarizes a presentation on organizational deviance and white collar crime. It discusses how corporate culture and leadership can enable criminal behaviors when goals emphasize profits over ethics. Deviant organizations exhibit traits like illusion of invulnerability, groupthink, and pressure to conform. Examples provided include corruption in government, toxic leadership at firms like Lehman Brothers, and parallels between criminal gangs and some corporations. The document advocates reducing unethical behavior through clarity on standards, role modeling, achievable goals, transparency, and enforcement.
Risk management involves three key steps: 1) identifying potential risks, 2) assessing the likelihood and impact of those risks, and 3) taking actions to eliminate, mitigate, transfer, or accept the risks. It is important because risks are everywhere and failures to properly manage risks can lead to bad or catastrophic outcomes. However, humans are often poor at objectively assessing risks due to cognitive biases that cause us to misremember outcomes and misunderstand probabilities. Proper risk management requires accurately evaluating both the likelihood and consequences of potential risks.
Moving from Process to Purpose, Risk Management after COVID19 chungarisk
This document provides summaries of key concepts in risk management and decision making.
It begins with definitions of situational awareness, mental simulation, and naturalistic decision making. These concepts emphasize gathering information, anticipating outcomes, and making decisions under uncertainty.
The document then discusses features of naturalistic decision making, including ill-defined goals, uncertainty, shifting priorities, and high stakes. It notes decision makers must react to changing conditions and work within dynamic organizations. Several models are highlighted, emphasizing recognition of patterns and situation assessment.
In closing, the document outlines four strategies for managing positive risks and opportunities: pursue, optimize, exploit, and share ownership with others. This emphasizes both accepting advantages and actively working to increase
This document provides instructions for how to request and receive help with an assignment from the website HelpWriting.net. It outlines a 5-step process: 1) Create an account; 2) Complete an order form with instructions and deadline; 3) Review bids from writers and choose one; 4) Review the completed paper and authorize payment; 5) Request revisions until satisfied. It emphasizes that original, high-quality content is guaranteed, with refunds offered for plagiarized work.
This document discusses justifying physical security investments and solutions. It begins by outlining the current economic realities and areas of loss organizations face from employee fraud, organized retail crime, insurance fraud, and workplace violence. It then discusses the fraud triangle of opportunity, temptation and rationalization that can lead to negative behaviors. The document advocates for physical security as a form of risk management and outlines various physical security solutions to mitigate threats. It argues physical security should be viewed as an investment with a return through reducing losses from crime and liability.
The document discusses behavioral finance at JP Morgan. It provides an overview of behavioral finance concepts like overconfidence, loss aversion, and prospect theory. It then discusses how JP Morgan implements behavioral finance principles in its funds and products, focusing on overconfidence and loss aversion. Specific funds mentioned include the Intrepid Funds, which aim to capitalize on emotions that cause poor investment decisions.
Similar to Fighting Global Corruption by @EricPesik (20)
Reviewing Contract Key Terms and ConditionsEric Pesik
This document provides an agenda and resources for a two-day training on reviewing and improving contract terms and conditions. The training will cover topics such as understanding contract language, identifying risks, remedies for breach of contract, risk allocation strategies, and interpreting contracts. It also includes a list of recommended books and articles on contract drafting best practices.
Why fonts matter in 2 slides by @EricPesikEric Pesik
This 2 slide presentation argues that fonts matter and includes images to support its point. The first slide states that the presenter will never let the audience go while including an image of hands holding on. The second slide repeats that the presenter will never let the audience go and features a photo of hands tightly gripping a railing.
The Truth about Tone from the Top by @EricPesikEric Pesik
Are your executives telling the truth when they say "ethics matter"? Senior executives are involved in 53% of bribery cases. And they know about 86% of corporate fraud cases. If management lies about ethics, what message does that send? What is the true "tone from the top"?
Have you ever felt trapped in a bad PowerPoint presentation? Ever listen to a speaker drone on like a zombie? Do boring uninspiring slides leave you feeling like the walking dead? Don’t be a PowerPoint zombie! Here are 6 tips to avoid Death by Powerpoint!
J.P. Morgan and the Princelings of China by @ericpesikEric Pesik
This presentation was originally delivered live on June 9, 2015, by Eric Pesik, at the Legal Risk & Compliance Summit 8 & 9 June 2015, at the InterContinental Hotel in Singapore. I am providing my slides under Creative Commons Attribution license. All images and fan art are based on Harry Potter created by J.K. Rowling and owned by Rowling, her publishers, and Time Warner, the owner of the rights to the Harry Potter films (US copyright law allows for the production, display, and distribution of derivative works if they fall under a fair use exemption, 17 U.S.C. § 107.) This presentation was strongly inspired by the debate between Professors Matthew Stephenson and Andy Spalding chronicled on their blogs at The Global Anticorruption Blog (http://globalanticorruptionblog.com/?s=princeling&submit=Search) and The FCPA Blog
(http://www.fcpablog.com/blog/tag/princelings)
Managing risk from top to bottom by @ericpesikEric Pesik
Managing Risk from the Top to Bottom: How to Safeguard Against Misconduct from C-Suite Level to Regular Employees – and Using HR as a Gatekeeper. Presented at American Conference Institute’s 3rd Asia Pacific Summit on Anti-Corruption, Compliance and Risk Management December 3, 2014, at the Hilton Singapore
US Foreign Corrupt Practices Act and the Economics of Bribery by @EricPesikEric Pesik
This lecture was originally presented October 25, 2014, by Eric Pesik, Adjunct Assistant Professor, University at Buffalo, State University of New York School of Management.
International Executive MBA Program, International Business Law, Politics, & Ethics, Module 13, MGT 612, Intake 18.
Presented at SIM Management House, Singapore Institute of Management, 41 Namly Avenue, Singapore 267616
Do you want to be a billionaire by @EricPesikEric Pesik
Billionaires are members of the most elite group of people in the world. To join the billionaire club, you must be one in three million. The good news is - if you want to join this elite club, its membership is growing. According to the Wealth-X and UBS Billionaire Census 2014, the world’s population of billionaires increased 7% last year to reach a record high of 2,325 billionaires.
Do you have what it takes to become a billionaire?
Top 10 Things People Admit Doing on Conference Calls by @EricPesikEric Pesik
This document lists the top 10 things people admit to doing during conference calls. The most common is doing other work at 63%, followed by sending emails at 55% and eating or making food at 47%. Other activities people engage in include texting, checking social media, going to the restroom, leaving without saying, falling asleep, playing video games, and shopping online. Statistics are provided on the percentage of people who admit to each activity.
25 things NOT to do during Hungry Ghost Festival by @EricPesikEric Pesik
Every year, usually in August, the Chinese in Singapore observe a large-scale tradition of paying respects to the dead. During this month, the "Gates of Hell” are opened and souls of the dead are freed and allowed to roam the earth where they seek food and entertainment.
The 7th month of the Chinese lunar calendar is regarded as the Ghost Month. The 15th day of Ghost Month is Ghost Day, and the Ghost Festival is held the night before - on the evening of the 14th day.
The activities throughout the month include preparing ritualistic food offerings, such as Mandarin oranges, roasted suckling pig, bowls of rice, and local Chinese cake made especially for the occasion. They also burn incense and joss paper to pay respect to the deceased. The festival is so widely-practiced in Singapore that special bins are set up in neighborhoods for believers to burn their joss paper. Small altars can also be seen outside many homes, both on private property and in public housing areas.
On Ghost Day in Singapore and Malaysia, singers and dancers hold concert-like performances known as Getai on temporary stages set up in a residential districts. Everyone is welcome to watch the show as long as you don’t sit at the front row, which is reserved for the spirits.
If you want to experience Ghost Festival without insulting the spirits, this presentation compiles a collection of taboos - 25 things NOT to do during Hungry Ghost Festival.
Asia’s Increased Competitive Landscape - HR Implications on Talent Attraction and Retention, by Eric Pesik. Presented at the Crown Leadership International Group: Compensation and Benefits Asia Congress, March 2014, Orchard Parade Hotel, Singapore: (1) The rise of Asia and the new diversified workforce; (2) Winning Companies: What sets them apart? (3) Performance & Pay: What else is new? (4) Performance & Development: Who is a Talent? (5) From HR Programs to Reality: What makes the difference?
Updated again based on my presentation on the 18th of March 2014 at the American Chamber of Commerce in Singapore. Previously presented at the Compliance Day Event for the Singapore Compliance Workgroup on 27-November 2013; and at the PrimeTime Personal Power Lunch and the CFO Asia Congress. We return to the same three economic questions: Who bribes? How much do they pay? And what value do they get? How can we use the answers to discourage bribery? And while we will never eliminate the motivation for bribery, we may reach the point where bribery is no longer business as usual.
I am sharing my slides under Creative Commons Attribution license. You are free to distribute, remix, tweak, and build upon my work, even commercially, as long as you credit me for the original creation by linking to this Slideshare URL. Each slide contains source attributions and URL; you should obtain the original images and data from the original sources before reusing. You must comply with any applicable license restrictions imposed by the original source.
I had the honor of speaking at the recent PrimeTime Personal Power Lunch at Garibaldi Italian Restaurant & Bar on October 23, 2013. Building on my previous presentations, we discussed the economic of bribery: Who bribes? How much do they pay? What value do they get?
The document discusses methods for analyzing the economics of corruption, specifically who engages in bribery, how much they pay, and what benefits they receive. It describes two main methods: historical analysis of past corruption cases and efficient markets analysis using events like new anti-bribery laws. Historical analysis found the median bribe amount was $1.06 million for low-level officials and $11.43 million for high-level officials. Firms paid an average of 1.94% of the project value as a bribe. Efficient markets analysis of a new UK anti-bribery law in 2009 estimated it caused over $2 trillion in lost market value for affected companies.
Globalization of Ethics and Compliance by @EricPesikEric Pesik
Globalization is not normally associated with ethics. But recent enforcement actions and legislation around the world point to a global ethics convergence. Where did it start? Where are we now? And what’s next for ethics and compliance?
I am sharing my slides from my lecture at the University of Buffalo School of Management Singapore Executive MBA program on September 21, 2013, under Creative Commons Attribution license. You are free to distribute, remix, tweak, and build upon my work, even commercially, as long as you credit me for the original creation by linking to this page URL. Each slide contains source attributions and URL; you should obtain the original images from the original sources before reusing. You must comply with any applicable license restrictions imposed by the original source.
Drafting Game Rules to Minimize LitigationEric Pesik
This document discusses strategies for drafting game rules and contracts to minimize litigation. It recommends focusing on the essential elements of any agreement: the parties, subject matter, time for performance, and price. Drafting should address potential business and legal risks upfront by including provisions for risk mitigation, dispute resolution procedures, and a clear path to resolution before disputes arise. The goal is to establish rules of engagement that keep parties at the negotiating table and avoid entrenched positions.
Effective Internal Controls by @EricPesikEric Pesik
Instilling good governance and ensuring full compliance with an effective internal control program. Presented at Corruption and Compliance South & South East Asia Summit, September 2012, Hilton Hotel, Singapore.
Effective Internal Controls (Annotated) by @EricPesikEric Pesik
Instilling good governance and ensuring full compliance with an effective internal control program. Presented at Corruption and Compliance South & South East Asia Summit, September 2012, Hilton Hotel, Singapore.
Meeting in the Middle: Embracing Negotiation to Protect Business Interests an...Eric Pesik
Meeting in the Middle: Embracing Negotiation to Protect Business Interests and Relationships, by Eric Pesik, presented at Litigation Asia Summit 2012, Singapore
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...Herman Kienhuis
Presentation by Herman Kienhuis (Curiosity VC) on developments in AI, the venture capital investment landscape and Curiosity VC's approach to investing, at the alumni event of Amsterdam Business School (University of Amsterdam) on June 13, 2024 in Amsterdam.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Satta matka fixx jodi panna all market dpboss matka guessing fixx panna jodi kalyan and all market game liss cover now 420 matka office mumbai maharashtra india fixx jodi panna
Call me 9040963354
WhatsApp 9040963354
The report *State of D2C in India: A Logistics Update* talks about the evolving dynamics of the d2C landscape with a particular focus on how brands navigate the complexities of logistics. Third Party Logistics enablers emerge indispensable partners in facilitating the growth journey of D2C brands, offering cost-effective solutions tailored to their specific needs. As D2C brands continue to expand, they encounter heightened operational complexities with logistics standing out as a significant challenge. Logistics not only represents a substantial cost component for the brands but also directly influences the customer experience. Establishing efficient logistics operations while keeping costs low is therefore a crucial objective for brands. The report highlights how 3PLs are meeting the rising demands of D2C brands, supporting their expansion both online and offline, and paving the way for sustainable, scalable growth in this fast-paced market.
L'indice de performance des ports à conteneurs de l'année 2023SPATPortToamasina
Une évaluation comparable de la performance basée sur le temps d'escale des navires
L'objectif de l'ICPP est d'identifier les domaines d'amélioration qui peuvent en fin de compte bénéficier à toutes les parties concernées, des compagnies maritimes aux gouvernements nationaux en passant par les consommateurs. Il est conçu pour servir de point de référence aux principaux acteurs de l'économie mondiale, notamment les autorités et les opérateurs portuaires, les gouvernements nationaux, les organisations supranationales, les agences de développement, les divers intérêts maritimes et d'autres acteurs publics et privés du commerce, de la logistique et des services de la chaîne d'approvisionnement.
Le développement de l'ICPP repose sur le temps total passé par les porte-conteneurs dans les ports, de la manière expliquée dans les sections suivantes du rapport, et comme dans les itérations précédentes de l'ICPP. Cette quatrième itération utilise des données pour l'année civile complète 2023. Elle poursuit le changement introduit l'année dernière en n'incluant que les ports qui ont eu un minimum de 24 escales valides au cours de la période de 12 mois de l'étude. Le nombre de ports inclus dans l'ICPP 2023 est de 405.
Comme dans les éditions précédentes de l'ICPP, la production du classement fait appel à deux approches méthodologiques différentes : une approche administrative, ou technique, une méthodologie pragmatique reflétant les connaissances et le jugement des experts ; et une approche statistique, utilisant l'analyse factorielle (AF), ou plus précisément la factorisation matricielle. L'utilisation de ces deux approches vise à garantir que le classement des performances des ports à conteneurs reflète le plus fidèlement possible les performances réelles des ports, tout en étant statistiquement robuste.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART INDIA MATKA KALYAN SATTA MATKA 420 INDIAN MATKA SATTA KING MATKA FIX JODI FIX FIX FIX SATTA NAMBAR MATKA INDIA SATTA BATTA
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...Niswey
50 million companies worldwide leverage WhatsApp as a key marketing channel. You may have considered adding it to your marketing mix, or probably already driving impressive conversions with WhatsApp.
But wait. What happens when you fully integrate your WhatsApp campaigns with HubSpot?
That's exactly what we explored in this session.
We take a look at everything that you need to know in order to deploy effective WhatsApp marketing strategies, and integrate it with your buyer journey in HubSpot. From technical requirements to innovative campaign strategies, to advanced campaign reporting - we discuss all that and more, to leverage WhatsApp for maximum impact. Check out more details about the event here https://events.hubspot.com/events/details/hubspot-new-delhi-presents-unlocking-whatsapp-marketing-with-hubspot-integrating-messaging-into-your-marketing-strategy/
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
The Steadfast and Reliable Bull: Taurus Zodiac Signmy Pandit
Explore the steadfast and reliable nature of the Taurus Zodiac Sign. Discover the personality traits, key dates, and horoscope insights that define the determined and practical Taurus, and learn how their grounded nature makes them the anchor of the zodiac.
Discover the Beauty and Functionality of The Expert Remodeling Serviceobriengroupinc04
Unlock your kitchen's true potential with expert remodeling services from O'Brien Group Inc. Transform your space into a functional, modern, and luxurious haven with their experienced professionals. From layout reconfiguration to high-end upgrades, they deliver stunning results tailored to your style and needs. Visit obriengroupinc.com to elevate your kitchen's beauty and functionality today.
KALYAN CHART SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Kalyan Chart Satta Matka Dpboss Kalyan Matka Results
Fighting Global Corruption by @EricPesik
1. Fighting Global
Corruption
Presented by Eric Pesik
Asia Risk Professionals Congress
Carlton Hotel, Singapore, 2012
2. Fighting Global
Corruption
Fighting global corruption by
building sustainable corruption risk
assessment process and developing a
proactive risk management plan
proportional to your organization’s
risk exposure
3. Agenda:
1. New Anti-Corruption Laws
2. Risk Assessment Process
3. Risk Management Plan
4. Responsibility of Risk Officers
4. Agenda:
1. New Anti-Corruption Laws
2. Risk Assessment Process
3. Risk Management Plan
4. Responsibility of Risk Officers
14. Agenda:
1. New Anti-Corruption Laws
2. Risk Assessment Process
3. Risk Management Plan
4. Responsibility of Risk Officers
15. FCPA Fines in Millions
Siemens (Germany) $800
KBR/Halliburton (USA) $579
BAE (UK) $400
Only US
Snamprogetti/ENI (Holland/Italy) $365 company
Technip (France) $338
JGC Corporation (Japan) $219
Daimler AG (Germany) $185
Jeffrey Tessler (UK) $149
Alcatel-Lucent (France) $137
Panalpina (Switzerland) $82
16. 58
Average age of persons
currently in US prisons
for FCPA convictions
Aaron G. Murphey, Foreign Corrupt Practices Act:
A Practical Resource for Managers and Executives, 2001 John Wiley & Sons, Inc.
17. Value of All Losses
(Occupational Frauds by Category)
Financial 68%
Statement Fraud
Asset 21%
Misappropriation
Corruption 11%
May exceed 100% because cases involve multiple categories.
Association of Certified Fraud Examiners, Report to the Nations 2010 Global Fraud Study
18. Frequency of All Losses
(Occupational Frauds by Category)
Financial 5%
Statement Fraud
Asset 86%
Misappropriation
Corruption 33%
May exceed 100% because cases involve multiple categories.
Association of Certified Fraud Examiners, Report to the Nations 2010 Global Fraud Study
29. Likelihood Rating Scale
Almost
Unlikely Likely
Certain
Not more More than
One every
Frequency: than every 3 once per
1-3 years
years year
Probability: 10% - 30% 30% - 60% > 60%
30. Impact/Severity Rating Scale
Minor Moderate Major
Financial
< $1 Million $1-5 Million > $5 Million
Impact:
Govt. / Official
Pub Awareness Pub Concern
Reputational Investigation
Impact: Regional State / National International
Internal Shareholders Public Markets
Little or no Business Unit Company
Impact or Function Operations
Asking for Doubting Canceling
Operational Reassurances Business Business
Impact: Individuals Individuals Criminal
Disciplined Terminated Sanctions
Employee Employee Loss of
Morale Turnover Mgrs/Execs
31. Risk Inventory
1. Political Contributions/Activities
2. Charitable and Industrial Contributions
3. Company Memberships
4. Expense Accounts
5. Consultants and Professional Service
Providers
6. Leadership
7. Company Culture
8. Accurate Books and Records
9. Expense Accounts
10.Acquisitions
11.Business Combinations
12.Third Party Representatives and Agents
13.Procurement
14.Gifts, Gratuities, and Entertainment
15.Export, Import, Customs
34. Low Likelihood High Likelihood
High Impact
High Impact High Impact
High Likelihood
Low Likelihood
Low Impact
Low Likelihood High Likelihood
Low Impact Low Impact
35. Low Likelihood High Likelihood
High Impact
High Impact High Impact
Add Cost to
Avoid or Mitigate
High Likelihood
Low Likelihood
Low Impact
Low Likelihood High Likelihood
Low Impact Low Impact
36. Agenda:
1. New Anti-Corruption Laws
2. Risk Assessment Process
3. Risk Management Plan
4. Responsibility of Risk Officers
38. Low Likelihood High Likelihood
High Impact
High Impact High Impact
High Likelihood
Low Likelihood
Low Impact
Low Likelihood High Likelihood
Low Impact Low Impact
39. Low Likelihood High Likelihood
High Impact
High Impact High Impact
High Likelihood
Low Likelihood
Low Impact
Low Likelihood High Likelihood
Low Impact Low Impact
40. Low Likelihood High Likelihood
High Impact
High Impact High Impact
High Likelihood
Low Likelihood
Low Impact
Low Likelihood High Likelihood
Low Impact Low Impact
41. Low Likelihood High Likelihood
High Impact
High Impact High Impact
High Likelihood
Low Likelihood
Low Impact
Low Likelihood High Likelihood
Low Impact Low Impact
42. Low Likelihood High Likelihood
High Impact
High Impact High Impact
High Likelihood
Low Likelihood
Low Impact
Low Likelihood High Likelihood
Low Impact Low Impact
46. Tip 40.2%
Management Review 15.4%
Internal Audit 13.9%
By Accident 8.3%
Account Reconciliation 6.1%
Document Examination 5.2%
External Audit 4.6%
Surveillance/Monitoring 2.6%
Notified by Police 1.8%
Confession
IT Controls
1.0%
0.8%
Fraud
Detection
Association of Certified Fraud Examiners, Report to the Nations 2010 Global Fraud Study
47. Tip With Hotline 47.1%
Tip 40.2%
Management Review 15.4%
Internal Audit 13.9%
By Accident 8.3%
Account Reconciliation 6.1%
Document Examination 5.2%
External Audit 4.6%
Surveillance/Monitoring 2.6%
Notified by Police 1.8%
Confession
IT Controls
1.0%
Fraud
Detection
0.8%
Association of Certified Fraud Examiners, Report to the Nations 2010 Global Fraud Study
48. Tip Without Hotline 33.8%
Tip 40.2%
Management Review 15.4%
Internal Audit 13.9%
By Accident 8.3%
Account Reconciliation 6.1%
Document Examination 5.2%
External Audit 4.6%
Surveillance/Monitoring 2.6%
Notified by Police 1.8%
Confession
IT Controls
1.0%
0.8%
Fraud
Detection
Association of Certified Fraud Examiners, Report to the Nations 2010 Global Fraud Study
49. 13.3%
Tip Without Hotline 33.8%
Tip 40.2%
Management Review 15.4%
Internal Audit 13.9%
By Accident 8.3%
Account Reconciliation 6.1%
Document Examination 5.2%
External Audit 4.6%
Surveillance/Monitoring 2.6%
Notified by Police 1.8%
Confession
IT Controls
1.0%
0.8%
Fraud
Detection
Association of Certified Fraud Examiners, Report to the Nations 2010 Global Fraud Study
55. Risk Management Plan Low Like o
High Impliht od
ac
High Impact
1. High Likeliho
2. od
High Impact
3.
4.
5.
6.
7.
8.
9.
10.
Low Likelihoo
d High Likeliho
od
Low Impact
Low Likelih
Low Impactood
High Likeliho
od
Low Impact
61. All images are from Microsoft Office Online, used with
permission from Microsoft, except for the following
images licensed under Flickr Creative Commons
Attribution License
Businessman behind web By internets_dairy Meeting nieuwe leden
flickr.com/photos/16339684@N00/2784622731/ flickr.com/photos/kripptic/1954828422/
Parlament by Convergència Democràtica de Catalunya Blue Telephone by By UggBoy/UggGirl
flickr.com/photos/convergenciademocratica/6197445493/ flickr.com/photos/uggboy/5345135964/
Signpost by Andrea_44
flickr.com/photos/8431398@N04/2680944871/
AdjustTie by Dplanet
flickr.com/photos/dplanet/94441582/
Businessman by Kripptic No Pictures by Dplanet
flickr.com/photos/kripptic/1954828422/ flickr.com/photos/dplanet/94442623/