Fraser Donaldson: The evolution of DFM due diligence

At any point in time, when you look at a process or methodology, it always looks obvious and clearly the only way to do things. It is always difficult to imagine that things were done differently in the past. It is even more difficult to imagine that at the time, this too appeared obvious and was viewed as the only way to do things. I find this thought a little unnerving in that, however we do things now, there is a fair chance it will evolve into a different way of doing things in the future. I suppose we should not beat ourselves up over this - just accept that things evolve and be pre...