IABFM Articles

The Final Word -NAB March 2004 - Banking : a risk adverse or risk attacking industry (December 2006) | Risk Management
by Michael Vincent

In this article individuals will not be discussed or blame apportioned, rather it will be a critical look through the eyes of an outsider who will hypothesise on what may have gone wrong and will be based on no inside knowledge what-so-ever. It is a chance to use an event that has had severe consequences for the NAB as a learning curve for all of us. ...[ Read More ]

The Final Word - November 2003 (December 2006) | Risk Management
by Michael Vincent

Complexity and issues are increased and a more formalised and systematic approach to risk assessment and management is needed to make sure that risks are addressed and documented to ensure adherence to policy and procedure. ...[ Read More ]

The Final Word - October 2003 (December 2006) | Risk Management
by Michael Vincent

What should a checklist contain to ensure minimal compliance and the development of a safe and healthy workplace? In the construction of this checklist local environmental issues need to be addressed and it must be borne in mind by company officers that the distinction between individuals and a company entity is being removed somewhat. Victoria is leading the way here in its introduction of the concept of “industrial manslaughter”. This is yet to be tested and evaluated as to how it will create the environment for a safer working place. ...[ Read More ]

The Final Word - May 2004 (December 2006) | Risk Management
by Michael Vincent

Therefore we need to separate government from the public sector in order to discuss the application of risk management within the public sector today. Some basic principles apply and if applied add value to the process and enhance the role of government in today’s society. ...[ Read More ]

The Final Word - September 2003 : Fraud, Security and Intellectual Property (December 2006) | Risk Management
by Michael Vincent

It is not good enough for the government on one hand to say to us be aware but not afraid and on the other hand they refuse to look at a significant chain of events that seem at first glance too closely linked to be a mere coincidence. They are obviously not afraid and simply not aware. They may be in fact investigating the issue and just not telling us, this does not fill the community with confidence and indeed sends the wrong message. ...[ Read More ]