Compliance-Innovation: Supporting Regional Growth

Strategic growth can be delivered through Innovative Compliance a process through which conformity with requirements - compliance - drives improvements in quality, productivity and competitiveness. In this process GRC is an engine for growth by facilitating commercialisation of knowledge and business sustainability. The integration of Governance, Risk & Compliance (GRC) with Innovation activities and business strategy is what we mean by strategic growth. Maintaining attention and focus on growth is a challenge for business in the face of increasing demands on Boards and Directors to address not only considerably more but increasingly complex types of risks. At the same time, capacity to adapt and reconfigure resources in response to market challenges, regulatory reform and complex stakeholder influences and expectations is necessary to achieve the strategic growth businesses need. Innovation can be driven by a company?s GRC orientation in the context of its corporate GRC memory as well as its business strategy supported appropriately with technology. We term this orientation Innovative Compliance. One vital element for Innovative Compliance is access to timely regulatory-compliance data structured in line with a business?s product, market and geography focus: decision makers need actionable information. Modern IT makes this increasingly possible which is particularly welcome since much of the regulation aimed at business is not provided in a format or through channels or in a timely fashion to meet businesses? information needs. A further necessity for Innovative Compliance is the ability of business to assimilate and transform regulatory and compliance data so that it can be exploited for commercial ends. This depends on an organisation?s Absorptive Capacity. In specifically GRC terms Absorptive Capacity gets at the ability to nail the various intersections of three fast moving business targets i.e. (i) new regulations (ii) product evolution (new & improved) and (iii) intra-organisational strategic imperatives. IT must simultaneously support all three aspects. Knowledge integration is the basis of modern competitive advantage and the strategic growth orientation of the business is the governing force for such integration. Modern Compliance Knowledge Management Systems can support this imperative. To operationalize Innovative Compliance executives must bring together teams of knowledge workers who are differentiated by their knowledge bases and support them to integrate the knowledge across the bases. The nature and extent of integration must resonate with the business reality of growth-oriented GRC functional experts, whatever their title, domain or expertise. In the absence of such integration ? GRC, Innovation, IT and Strategy ? productive growth opportunities are being missed

The spectroscopic binary system Gl 375. I. Orbital parameters and chromospheric activity

We study the spectroscopic binary system Gl 375. We employ medium resolution echelle spectra obtained at the 2.15 m telescope at the Argentinian observatory CASLEO and photometric observations obtained from the ASAS database. We separate the composite spectra into those corresponding to both components. The separated spectra allow us to confirm that the spectral types of both components are similar (dMe3.5) and to obtain precise measurements of the orbital period (P = 1.87844 days), minimum masses (M_1 sin^3 i = 0.35 M_sun and M_2 sin^3 i =0.33 M_sun) and other orbital parameters. The photometric observations exhibit a sinusoidal variation with the same period as the orbital period. We interpret this as signs of active regions carried along with rotation in a tidally synchronized system, and study the evolution of the amplitude of the modulation in longer timescales. Together with the mean magnitude, the modulation exhibits a roughly cyclic variation with a period of around 800 days. This periodicity is also found in the flux of the Ca II K lines of both components, which seem to be in phase. The periodic changes in the three observables are interpreted as a sign of a stellar activity cycle. Both components appear to be in phase, which implies that they are magnetically connected. The measured cycle of approximately 2.2 years (800 days) is consistent with previous determinations of activity cycles in similar stars.Comment: 10 pages, including 11 figures and 3 tables. Accepted for publication in Astronomy & Astrophysic

Characterization of the near-Earth Asteroid 2002NY40

In August 2002, the near-Earth asteroid 2002 NY40, made its closest approach to the Earth. This provided an opportunity to study a near-Earth asteroid with a variety of instruments. Several of the telescopes at the Maui Space Surveillance System were trained at the asteroid and collected adaptive optics images, photometry and spectroscopy. Analysis of the imagery reveals the asteroid is triangular shaped with significant self-shadowing. The photometry reveals a 20-hour period and the spectroscopy shows that the asteroid is a Q-type

Strengths and limitations of a tool for monitoring and evaluating First Peoples' health promotion from an ecological perspective

Background: An ecological approach to health and health promotion targets individuals and the environmental determinants of their health as a means of more effectively influencing health outcomes. The approach has potential value as a means to more accurately capture the holistic nature of Australian First Peoples’ health programs and the way in which they seek to influence environmental, including social, determinants of health. Methods: We report several case studies of applying an ecological approach to health program evaluation using a tool developed for application to mainstream public health programs in North America – Richard’s ecological coding procedure. Results: We find the ecological approach in general, and the Richard procedure specifically, to have potential for broader use as an approach to reporting and evaluation of health promotion programs. However, our experience applying this tool in academic and community-based program evaluation contexts, conducted in collaboration with First Peoples of Australia, suggests that it would benefit from cultural adaptations that would bring the ecological coding procedure in greater alignment with the worldviews of First Peoples and better identify the aims and strategies of local health promotion programs. Conclusions: Establishing the cultural validity of the ecological coding procedure is necessary to adequately capture the underlying program activities of community-based health promotion programs designed to benefit First Peoples, and its collaborative implementation with First Peoples supports a human rights approach to health program evaluation.Kevin Rowley, Joyce Doyle, Leah Johnston, Rachel Reilly, Leisa McCarthy, Mayatili Marika, Therese Riley, Petah Atkinson, Bradley Firebrace, Julie Calleja and Margaret Carg

Fluctuation-driven capacity distribution in complex networks

Maximizing robustness and minimizing cost are common objectives in the design of infrastructure networks. However, most infrastructure networks evolve and operate in a highly decentralized fashion, which may significantly impact the allocation of resources across the system. Here, we investigate this question by focusing on the relation between capacity and load in different types of real-world communication and transportation networks. We find strong empirical evidence that the actual capacity of the network elements tends to be similar to the maximum available capacity, if the cost is not strongly constraining. As more weight is given to the cost, however, the capacity approaches the load nonlinearly. In particular, all systems analyzed show larger unoccupied portions of the capacities on network elements subjected to smaller loads, which is in sharp contrast with the assumptions involved in (linear) models proposed in previous theoretical studies. We describe the observed behavior of the capacity-load relation as a function of the relative importance of the cost by using a model that optimizes capacities to cope with network traffic fluctuations. These results suggest that infrastructure systems have evolved under pressure to minimize local failures, but not necessarily global failures that can be caused by the spread of local damage through cascading processes

A comparative framework: how broadly applicable is a 'rigorous' critical junctures framework?

The paper tests Hogan and Doyle's (2007, 2008) framework for examining critical junctures. This framework sought to incorporate the concept of ideational change in understanding critical junctures. Until its development, frameworks utilized in identifying critical junctures were subjective, seeking only to identify crisis, and subsequent policy changes, arguing that one invariably led to the other, as both occurred around the same time. Hogan and Doyle (2007, 2008) hypothesized ideational change as an intermediating variable in their framework, determining if, and when, a crisis leads to radical policy change. Here we test this framework on cases similar to, but different from, those employed in developing the exemplar. This will enable us determine whether the framework's relegation of ideational change to a condition of crisis holds, or, if ideational change has more importance than is ascribed to it by this framework. This will also enable us determined if the framework itself is robust, and fit for the purposes it was designed to perform — identifying the nature of policy change

Galaxy Zoo: Passive Red Spirals

We study the spectroscopic properties and environments of red spiral galaxies found by the Galaxy Zoo project. By carefully selecting face-on, disk dominated spirals we construct a sample of truly passive disks (not dust reddened, nor dominated by old stellar populations in a bulge). As such, our red spirals represent an interesting set of possible transition objects between normal blue spirals and red early types. We use SDSS data to investigate the physical processes which could have turned these objects red without disturbing their morphology. Red spirals prefer intermediate density regimes, however there are no obvious correlations between red spiral properties and environment - environment alone is not sufficient to determine if a spiral will become red. Red spirals are a small fraction of spirals at low masses, but are a significant fraction at large stellar masses - massive galaxies are red independent of morphology. We confirm that red spirals have older stellar popns and less recent star formation than the main spiral population. While the presence of spiral arms suggests that major star formation cannot have ceased long ago, we show that these are not recent post-starbursts, so star formation must have ceased gradually. Intriguingly, red spirals are ~4 times more likely than normal spirals to host optically identified Seyfert or LINER, with most of the difference coming from LINERs. We find a curiously large bar fraction in the red spirals suggesting that the cessation of star formation and bar instabilities are strongly correlated. We conclude by discussing the possible origins. We suggest they may represent the very oldest spiral galaxies which have already used up their reserves of gas - probably aided by strangulation, and perhaps bar instabilities moving material around in the disk.Comment: MNRAS in press, 20 pages, 15 figures (v3

Good workers’ and the moulding of employee voice and silence in Big 4 firms

This article examines voice and silence on workplace problems in Big 4 professional service firms. Based on interviews in Ireland, workers reported problems in relation to workload and hours, underperforming colleagues, mistreatment, pay, leave time, and promotion. Silence was the dominant response reflecting workers' implicit understanding of organisationally desired worker attributes. Where voice occurred, it was individual and informal. Our analysis places voice as a site of antagonistic worker-management relations, and we contribute to the emerging labour process critique of employee resilience as a tool of management control

The Evolution of the Irish 12.5 Percent Corporate Tax Rate:An Oral History

The sources formally documenting how tax policy evolves fail to capture many of the complexities inherent in such processes. Insights into such approaches would guide other tax administrations in navigating tax policy change in an international domain. This paper examines the historical background to the introduction of the Irish 12.5 percent corporate tax rate in 2003 in the face of the European Union’s (EU) dissatisfaction with the existing regime. A low corporate tax rate has long been seen as a critical element of the country’s industrial development strategy. Employing an oral history method to identify the perspectives and objectives of those involved in the policymaking process, we provide a case study of how one tax administration resolved what was seen as a particularly significant public policy dilemma