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20210211 Of Bulls and Bias. : Page 7 of 7
20210211 Of Bulls and Bias.
Corruption as explained to Sherlock Holmes
I promised a short extract from Sherlock Holmes about corruption. So here it is: it’s from the not very short story ″The Valley of Fear.″ It describes a man named McGinty, a powerful businessman, councillor and fearsome leader of an organised crime group which had taken over the lodge of The Order of Freemen,″ a thin disguise if there ever was one.
″He had a rough, jovial disposition which formed a mask, covering a great deal which lay behind it. But apart from this popularity, the fear in which he was held..was enough in itself to fill his bar for none could afford to neglect his goodwill.
″Besides those secret powers which it was universally believed he exercised in so pitiless a fashion, he was a high public official, a municipal councillor and a commissioner of roads, elected to the office through the votes of the ruffians who in turn expected to receive favours at his hands.
″Assessments and taxes were enormous; the public works were neglected, the accounts were slurred over by bribed auditors and the decent citizen was terrorised into paying public blackmail and holding his tongue lest some worst thing befall him.
″Thus it was that, by that year, Boss McGinty’s diamond pins became more obtrusive, his gold chains more weighty across a more gorgeous vest and his saloon stretched farther and farther until it threatened to absorb one whole side of the Market Square.″
And that’s it: one more gong hei fatt choi; and may the bull be with you.
e-learning for staff to managers: www.quicktolearnmore.com
Understanding Suspicion in Financial Crime (book)
A 1997 academic paper on Fuzzy Logic in control systems which includes an explanation of its application to datasets: http://research.iaun.ac.ir/pd/naghsh/pdfs/UploadFile_4810.pdf
For more on the long-tail effects of work from home, referred to in the "[un] conscious bias" segment of this blog which refers to KPMG's Chairman in the UK, see our free course Lockdown and Beyond
Also listen to the blogcast "The Loneliness of the Long Distance Manager" or read it on this site and read "FOGO - the Fear of Going Out" which has not, as of today, been recorded as a blogcast.
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This page has been modified from its original form to correct several typos and to correspond with the recorded version.