Tag: Accountability

John Kay speaks about the need for seamless integration between the three roles of measurement, which he identifies as external reporting, internal control and internal analysis. His major theme is that the requirements for external reporting should be derived from the measures used for internal control which in turn should be based upon the measures used to complete internal analysis. Hence the seamless link between these three roles of measurement.

The Parable of Dot, Com and Uncle Sam. Where exactly is Uncle Sam’s money going?

There are three ways of regulating behaviour - and of the three, regulation by values is much under-rated.

You can be responsible to people to whom you are not accountable; and you can deal with interlocking and conflicting responsibilities. Why do so many thoughtful people fail to realise this?

Great size is a warning of trouble ahead in the banking industry; and the trouble may be for the taxpayer as much as the shareholder.

Despite the difficulties, one should be accountable more for outcomes than for the decision process.

Should regulations be clear, transparent and certain? To answer the question one must recognise the importance of informal systems of cultural regulation.

Is the third way simply an eclectic compromise which offers to drop any unpalatable bits from the familiar ideologies of far right and far left? I argue that if there is a third way, this is not where we will find it.

Trying to assess lecturers, doctors, and teachers is difficult. But that doesn’t mean it cannot, or should not, be done.

The view of business as necessarily selfish, narrow and instrumental, is, as it always has been, nonsense. Business which is selfish in motivation, narrow in outlook, and instrumental in behaviour is rarely successful business.