Articles by Sonia Jaspal

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Risk Managers Leadership Challenge

Posted by Sonia Jaspal 05 December 2012 9968 Views

British Petroleum was recently fined US $ 4.5 billion for the Deep-water Horizon disaster in April 2010. The highest ever fine till date. The verdict implicated two employees for negligence. Similar news is coming of regulators charging huge fines



Risk Assessment of Marketing Function

Posted by Sonia Jaspal 11 September 2012 12608 Views

The global economy is facing turbulent times with US in recession, Europe in economic crises and emerging markets growth slowing down. Frequently organizations panic on hearing forecasts of looming recession. They cut down marketing budgets, innov



Performance of Indian Boards

Posted by Sonia Jaspal 26 June 2012 11117 Views

The board of directors have the responsibility for steering the organization in the right direction and guiding the CEO and senior management. However, worldwide they are lambasted for catering to the manifested interest of CEO and senior manageme



Innovative assurance and advisory services

Posted by Sonia Jaspal 11 February 2012 10954 Views

The business teams mental picture of an auditor is of a guy focused on nitpicking financial accounts. The excessive focus from regulators on internal controls in finance processes has stereotyped auditors. However, in these dynamic economic cond



Strategy To Execution - A Risky Path

Posted by Sonia Jaspal 27 January 2012 6708 Views

Some companies fail and some succeed spectacularly in the same market conditions. The question for successful companies is what did they do differently? On the other hand, failure is attributed to either poor strategy or pathetic operation



Storytelling for Risk Managers

Posted by Sonia Jaspal 28 November 2011 9134 Views

When I started writing my blog "Sonia Jaspal's RIskBoard", a few writers and fellow bloggers gave me an ego deflating feedback Your posts read like research papers, you should write more stories. My reaction was



10 Steps for Restructuring Risk Management Function

Posted by Sonia Jaspal 28 October 2011 12053 Views

Don't judge each day by the harvest you reap but by the seeds that you plant. By Robert Louis Stevenson Last decade altered the risk profile of the world. Look it from any lens - financial, technological, political, leg



10 Best Practices for Governance, Risk Management & Compliance

Posted by Sonia Jaspal 15 September 2011 24281 Views

Indian economic progress has forever changed the role of risk functions within the organizations. The bespectacled serious-brow-furrowed auditor who goaded and badgered business



Auditors Create Caustic Work Environment

Posted by Sonia Jaspal 22 August 2011 11359 Views

When I say auditors create caustic work environment, I expect an indignant response from auditorville to the effect What are you saying, we are beacons of decency and always walk the high moral ground. A question that begs an




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