Weekly Wrap – 12th December 2013

VIDEO HIGHLIGHTS

0:23 – Next week: McLeod Governance Awards

0:51 – The year of corruption resistant organisations

1:46 – The year we really understand big data

VIDEO TRANSCRIPT

Hi I am Tom McLeod, Managing Consultant of McLeod Governance.

This is what I would be thinking about this week.

Over the next two weeks, the McLeod Governance Weekly Wrap is firstly going to look forward to 2014 and what it may hold and then next week award the inaugural McLeod Governance prizes for 2013.

So in this week’s penultimate Weekly Wrap lets identify two major trends that we anticipate will continue into 2014 and beyond.

The first one is one that has been around since man was born.

It is corruption.

More so than corruption as a statement, we are looking at 2014 as being the year of corruption resistant organisations.

Not only will it be incumbent upon you to investigate properly when corruption raises its ugly head – the challenge for all those involved in risk, audit and governance will be how do you involve yourself, how do you set up organisations that are corruption resistant?

It will be primarily through education and that will be one of the great exciting challenges that we see on the horizon in 2014.

Our second area that we anticipate will continue to fascinate all those that operate in management is the area of big data.

The phrase big data can be – and has been – grossly overused.

The challenge for us all will be firstly to define what big data is for our organisations.

To define what big data means for our organisations.

And to define where we can sit in the process of big data.

 

 

 

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