Cost of mishandling info?

Okay.  So somebody sees something important and reports it up the line in your organization.  Not a lot of paper, but also not a lot of demonstrable action on the information anywhere up the line.  What does it cost?

“Penn State to Pay $59.7 Million Over Sandusky Claims,” Wall Street Journal, October 28, 2013 (sorry no page number; delivery problem) http://on.wsj.com/1hofGWA

Is this in part (even a large part) an information governance or information management issue?  Or mostly a compliance & ethics issue? Or crisis management?

How much of this was attributable to culture?  And how much to a failure of controls? What if someone had created a paper trail early on of who knew what when and did what? (read that slowly).

Advertisements

Leave a comment

Filed under Business Continuity, Compliance, Controls, Culture, Definition, Governance, Internal controls, Operations, Policy, Risk, Value

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s