Innovation by Developing New Ideas and Escaping Old Ones

Innovation is critical for every organization trying to survive in a rapidly changing business environment. Innovation itself does not necessarily require exotic new technology but rather an adaptive, creative, and flexible culture within the organization to help foster innovative ideas for challenging problems. Economist John Maynard Keyes knew innovative ideas required a paradigm shift by famously stating: “The difficulty lies not so much in developing new ideas as in escaping old ones.”

Senators Request Department of Defense Commit to Timely Completion of FY2019 Audit

The Department of Defense (DoD) completed its first full department-wide financial audit in November 2018, a massive effort that required a plethora of over 1,200 accountants visiting over 600 DoD sites and valuing DoD assets at $2.7 trillion. U.S. Senators David Perdue, R-Ga., Angus King, I-Me.,, and 24 bipartisan members of the U.S.

Environmental Liability Challenges the U.S. Government

Environmental issues continue to grab headlines these days as individuals, organizations, and governments voice growing concerns over protecting our natural resources. The U.S. Government Accountability Office (GAO) acknowledged these concerns by adding “The U.S. Government’s Environmental Liability” to their High Risk List, a registry of federal agencies and programs that are most in need of transformation. More information regarding the GAO’s High Risk List may be found here.

Congress Weighs in on Department of Defense Audit Results

In November 2018, the Department of Defense (DoD) completed its first full financial audit. While several components received a passing grade, including the U.S.

DoD Falls Short in Passing Its 2018 Premier Financial Audit

After decades of planning and preparation with help from a team of over 1,000 Defense Department (DoD) and Inspector General (IG) auditors, DoD fell short obtaining a clean opinion for its fiscal year 2018 financial statements on its first-ever audit. Instead, DoD received a general disclaimer of opinion based on the findings conducted by DoD Office of Inspector General and supporting audit teams.

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