The modern organization is a complex array of transactions, processes, and relationships.
This is challenging to manage within a single jurisdiction, but becomes even more complex, bridging on the word chaotic, when the organization deals with an interconnected mess of subsidiaries, divisions, relationships, and cross-border transactions.
Even a small organization faces a complex web of transactions that span geographic and jurisdictional boundaries as money is moved, services rendered, and products are produced. Complexity grows as these interconnected transactions and processes nest themselves in intricacy.
In this context, organizations operating . . .
[THE REST OF THIS ARTICLE CAN BE FOUND ON THE IMPERO BLOG WHERE GRC 20/20’S MICHAEL RASMUSSEN IS A GUEST AUTHOR]