(To be formally presented later this year, 2021) Consider the following three situations: 1. In the operations department of an injection molding business, the manager notes a significant uptick in the costs of electricity due to a recent weather event. This pushes the fixed costs for manufacturing up 12%. The plant manager calls the manager […]
Inaugural Education Program for the Behavioral Forensics Group (Daven Morrison with Jack Bigelow, Vic Hartman and Joe Koletar) Last month we spent a weekend with the National Association of Certified Valuators and Analysts (NACVA) in San Diego. In our inaugural Behavioral Forensics Group seminar our team had the delightful opportunity to share our concepts and […]
(By Daven Morrison, MD) Everyone wants to be young rich and a Silicon Valley success. Well, at least it seems like it. In fact, every time I turn around I see stories in the papers, on LinkedIn or on Twitter about how the Silicon Valley (or just “The Valley”) is the cool place to be. […]
How Obama, Apple and the FBI might be wrong “The Founders would be appalled,” Apple wrote in its last court filing before it squares off against the government in federal court in California at a hearing on March 22.[1] Alina Selyukh, “the two-way” Breaking news from NPR (By Daven Morrison, MD) Trying to solve […]
The“A.B.C.s”: How can we distinguish them? Sniffing out the Bad Apples, Bushels and Crops From the first conversations of a team dedicated to understanding the human side of fraud we collectively came to realize that there were multiple problems in the conceptualization of fraud that needed to be tackled. This team was first assembled at […]
Daven’s 7 Internet Safety Rules 7 Rules to stay safe from predatory tactics and fraud on the internet As a father of social media savvy children and an author on the behavioral forensics of fraud, considering how people harm each other on the internet has been top of mind for me for several years. […]
When Values Rot in the Bad Apple: Understanding the changing of the fraudster’s mind from sweet to sour (by Daven Morrison, with Ken Cramer*) One of the most perplexing questions in fraud prevention is how to halt the theft before it starts. In parallel to the challenge of helping individuals and organizations not fall victim […]
Financial War Profiteering Why you should care when “Rain Man” takes the fall for the Multi-billion dollar LIBOR fraud We live in a society in which the elites have maybe more power than they’ve ever had and a greater share of the wealth than they ever had in a very long time, but its not […]
“As long as I meet my goal of keeping engine pressure at a certain level, the fact that the ship hit an iceberg is someone else’s problem.” Building from Joe Koletar’s blog entry on Drucker and MBO (managing by objectives), we turn our attention to the problem of the dangers of single-minded goal fixation and […]
Banks say “Bring it on”, and US Justice does Two international banks’ role in the financial crisis formally enters the US Judicial System (Daven Morrison) One of the most memorable events of the financial crisis was Rick Santelli’s passionate plea on the floor of the Chicago Mercantile Exchange. Early on in the crisis what came […]