This thought came to me after reading about the Ford Motor company and a new CEO a numbers of years ago, that took the helm and brought in change. To improve things within the company his mantra was ‘improve focus, simplify operations’. Likewise for an incoming CEO of a technology company who sorted a lot of stuff out and the company followed his mantra of ‘no drama, just execute’. Mantras are a simple tool to provide a lazer like focus on what really matters;

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A report in the Christchurch (NZ) Press today noted that on average, it takes 201 days to detect internal organisational fraud and 206 days to detect external fraud. Typically, the main system in most organisations for fraud prevention is internal controls. The report also notes that fraud committed by management takes on average 514 days to detect and for senior executives, 545 days. The amount of time taken is considerable and it is possible that in some organsations,

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