Recently Sheila Fraser came out with another one of her "take no prisoners" Auditor General Report. It is always amazing the shenanigans that go on that makes you wonder "Who is actually watching the hen house?"
I know corporations have annual reports that are fully audited, and there are requirements from a SOX perspective to keep things on the up and up. But anyone who has worked in a corporation has seen many different rules for many different people. And when you sit in the Procurement chair and observe some of the ridiculous and unnecessary wastage -- well let's just say that it's a good thing that blood pressure medication exists.
We all know that there could be a multitude of things that could occur that could enhance
processes, create efficiencies and of course provide significant savings. Yet what happens is the extreme bad or just dumb practices are allowed to go on and on -- because sometimes organizations consider "those folk in Procurement" to be akin to Chicken Little. The reality is that we all have flat foreheads from banging our head against the wall so often with limited success.
Imagine if corporations would have someone in place like a Sheila Fraser or Andre Marin, who answered to the shareholders and did not have to massage or downplay the message. What effect do you think this would have on corporations.
I believe that you have one of these "What were you thinking or were you?"
reports and then the roaches would go scurrying for cover saying "not me; not me" and perhaps think twice about acting in an inappropriate way....well at least temporarily -- because as we know, Sheila Fraser will always have a job, because just when the light is shone on one travesty, some "untouchable" (or so he/she thinks) does something again that makes you wonder if they were truly seeking their 15 minutes of infamy.
I know corporations have annual reports that are fully audited, and there are requirements from a SOX perspective to keep things on the up and up. But anyone who has worked in a corporation has seen many different rules for many different people. And when you sit in the Procurement chair and observe some of the ridiculous and unnecessary wastage -- well let's just say that it's a good thing that blood pressure medication exists.
We all know that there could be a multitude of things that could occur that could enhance
processes, create efficiencies and of course provide significant savings. Yet what happens is the extreme bad or just dumb practices are allowed to go on and on -- because sometimes organizations consider "those folk in Procurement" to be akin to Chicken Little. The reality is that we all have flat foreheads from banging our head against the wall so often with limited success.Imagine if corporations would have someone in place like a Sheila Fraser or Andre Marin, who answered to the shareholders and did not have to massage or downplay the message. What effect do you think this would have on corporations.
I believe that you have one of these "What were you thinking or were you?"
reports and then the roaches would go scurrying for cover saying "not me; not me" and perhaps think twice about acting in an inappropriate way....well at least temporarily -- because as we know, Sheila Fraser will always have a job, because just when the light is shone on one travesty, some "untouchable" (or so he/she thinks) does something again that makes you wonder if they were truly seeking their 15 minutes of infamy.
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