With the publication today of the UK Government's White Paper ( see attachment below figure) on reforming financial markets, the impact of networks is dawning.
New approaches for conducting audits are overdue in a failed financial system. Yet overregulation and rule making can kill innovation and competitive advantage.
FACTORS THAT THE ROLE OF SUPER AUDITORS COULD TAKE INTO ACCOUNT ARE INTRODUCED IN A NE W NOTE - click here
The Note features the interaction of formal workflow, and informal networks (see figure below) and the need for accompanying systems that support agility.
My thanks to the real people who played their part in a recent demonstration of value networks here.
reforming_financial_markets080709.pdf
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