Wednesday 10 July 2013

Due Diligence

When entering into a business relationship, the parties will usually go through a process of due diligence to ensure that they can have assurance that the people or organisation they are dealing with are capable of delivering what they say they plan to do.

Employers undertake their own due diligence when asking job candidates for details of who can provide a reference for their previous experience and behaviour.

You might ask a roofer to identify what work he had done on other buildings so their bona fides can be established.

Politicians seeking election set out their experience in their manifesto/promotional material and expect to be asked about that experience by the media and by individual electors.

The exception to this rule appears to be the front man for a major golf course development on the Menie Estate in Aberdeenshire, Scotland.  Ask yourself if you would do business with a man with this track record.

Is it true?  Note the date - April 2011. Due Diligence would establish that Donald Trump is quite quick on the draw in deploying his learned friends if he thinks he's been slighted.  This article is still there 2 years later so one can only assume that Aberdeenshire Council, Scottish Enterprise, Robert Gordon University, successive First Ministers of Scotland, and many others involved in the great project Scotland didn't look very closely.  Indeed it looks very much like they did not exercise due diligence.

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