It’s fair to say most of us dread a dentist visit to work on a cavity or to pull a tooth; crowns and fillings alone should be a deterrent to that anticipated visit. When we’re young, our parents tirelessly explain about oral hygiene, suggesting a proper diet, brushing often and going to the dentist regularly. As we grow older, the inevitable happens — oral decay and potential gum disease. Unless we are diligent about what we eat and listen to health providers about smoking hazards and our brushing habits, expect frequent visits to the dentist.

Much like caring for our teeth, avoiding the hardships of a financial downturn or the risk of being hacked should be a priority. Frequent assessments of a company’s health would improve the effectiveness of the governance processes and what has already been determined to be the strategic and operational fundamentals of business. We live and work by rules and regulations; agencies (federal, state and local) from all industries require that you assess those risks or dangers that put the business in harm’s way. The company stakeholders, often its customers or investors, expect that the business is protecting the investment, functioning properly and that it is transparent about its transactions.

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