KEEP UP TO DATE WITH ALL THE IMPORTANT COVID-19 INFORMATIONCOVID-19 RESOURCE PORTAL

FANews
FANews
RELATED CATEGORIES

Jannie Mouton And Then They Fired Me

18 March 2019 Christelle Faul Marais - Lucidum (Pty) Ltd

In this month’s instalment of our ONE-PAGE BOOK SUMMARY we share important lessons on the topic of risk culture. From someone who was successful, lost everything and then made an even greater success, we gain useful insights into the implications of leadership and organisational culture for the success of a business and how this affects good governance:

“Three questions kept me busy for a long time: How does one make a company grow, when are people happy and what’s the key to making a success of a company? The answer is ultimate empowerment.” “People who are well read, have well-considered opinions, are honest, can communicate and stick it out, are self-confident and care for people and on top of that can think, are the best.” “A company is a success if the client, shareholder and employee are all happy.” 

There is continuous and valid debate in corporate circles around the cost of compliance, assurance and good governance. As organisations struggle to reach their targets, it is critical for risk managers, compliance officers, auditors and other governance leaders to integrate with business, to reduce their cost as much as possible (without being short-sighted) and to demonstrate that they have “skin in the game”. If they don’t, the chances of business leaders buying into the value that these functions add, will diminish considerably together with the opportunity to contribute to good business outcomes for broader society… Click here to continue reading (PDF file).

Quick Polls

QUESTION

There are countless articles written about South Africa’s poor retirement outcomes. Which of the following would you single out as the biggest contributor to local savers not accumulating enough to buy an adequate and sustainable pension?

ANSWER

Lack of personal accountability
Poor participation in formal retirement funds
Reluctance to seek financial advice early on
SA’s high unemployment rate
fanews magazine
FAnews April 2022 Get the latest issue of FAnews

This month's headlines

The ethical core of insurance relationships
Debarment… a double whammy
A beginner’s guide to scaling the Tech Mountain
Leadership, climate and cybercrime… SA’s top risks
Unpacking the retirement reform developments
Subscribe now