the risk management blog

byLowers & Associates | November 14, 2017

Most managers and owners eventually discover a case of fraud and abuse in their organization. The fraudster is often a trusted, long-time employee or manager who had or created access to some of the organization’s assets, and helped him…

byLowers & Associates | November 13, 2017

Thanks to the Association of Certified Fraud Examiners (ACFE), we know quite a bit about organizational fraud and abuse by way of its annual Report to the Nations. The data behind these annual reports is based on actual cases…

byLowers & Associates | November 10, 2017

International Fraud Awareness Week begins next week. The point of Fraud Week, sponsored by the Association of Certified Fraud Examiners (ACFE), is to raise the visibility of occupational fraud and abuse, and to remind organizations to review and improve…

byLowers & Associates | October 19, 2017

High reliability organizations (HROs) operate within challenging conditions. Think of air traffic control, aircraft carriers, and nuclear power plants for clear examples of such conditions. Mistakes in these settings often have catastrophic consequences. Yet they seldom fail. HROs have…

byLowers & Associates | October 17, 2017

One of the most fascinating things about High Reliability Organizations (HROs) is their paradoxical nature. Despite existing in potentially hostile conditions where factors not under their control can emerge at any moment, they achieve the capability to absorb the…