LogisManager

OCTOBER 15, 2024

For instance, when a metric deviated from the norm, we drilled down to discover that coordination of activities had become more challenging with remote work. By evaluating and analyzing these metrics, LM highlights high-risk areas within our operations and illuminates the root causes of inefficiencies.

Risk Management 52

Risk Management Corporate Governance Continual Improvement Strategic 52

LogisManager

OCTOBER 15, 2024

For instance, when a metric deviated from the norm, we drilled down to discover that coordination of activities had become more challenging with remote work. By evaluating and analyzing these metrics, LM highlights high-risk areas within our operations and illuminates the root causes of inefficiencies.

Risk Management 52

Risk Management Corporate Governance Continual Improvement Strategic 52

Reciprocity

SEPTEMBER 12, 2024

Internal controls are policies, procedures, and other activities implemented by a business to assure that it can achieve its objectives. Control activities. Internally generated reports periodically summarize audit results and control activities for auditors and stakeholders to consider. Monitoring activities.

Audit 52

Audit Risk Management Mitigation All-Hazards 52

LogisManager

OCTOBER 31, 2023

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. This includes business units, departments, and individuals directly responsible for managing and executing processes and activities that generate risk.

Risk Management 52

Risk Management Audit Management Banking 52

LogisManager

DECEMBER 19, 2023

Conversely, tactical risks, also known as operational risks, are more immediate, arising from the day-to-day execution of activities within the existing strategic framework. It involves identifying, evaluating, and mitigating risks to enhance decision-making and safeguard long-term objectives. What Is Enterprise Risk Management (ERM)?

Strategic 105

Strategic Risk Management Management Mitigation 105

LogisManager

JANUARY 3, 2022

This applies especially to your Environmental, Social and Corporate Governance (ESG) program: you may be working in accordance with ESG best practices, standards and frameworks, but you must report on your ESG activities to prove to third-party stakeholders like investors and customers that you’re doing what you’re saying you’re doing. .

Corporate Governance 52

Corporate Governance Government Audit Activation 52

LogisManager

JUNE 10, 2021

ESG stands for Environmental, Social and Governance: three areas that house distinct sets of criteria, but together make up a set of criteria that demonstrates an organization’s dedication to helping the greater good. Link these policies to controls, so that they’re embedded in your everyday activities. Corporate Governance.

Corporate Governance 52

Corporate Governance Government Risk Management Activation 52

LogisManager

MAY 9, 2023

Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. They evaluate their vendor and partner communities to identify the third parties they depend on the most and map them to the business risks, controls, and testing that rely on them. Imagine the contagion there.

Banking 98

Banking Risk Management Management Corporate Governance 98

LogisManager

DECEMBER 19, 2023

Conversely, tactical risks, also known as operational risks, are more immediate, arising from the day-to-day execution of activities within the existing strategic framework. It involves identifying, evaluating, and mitigating risks to enhance decision-making and safeguard long-term objectives. What Is Enterprise Risk Management (ERM)?

Risk Management 52

Risk Management Strategic Management Mitigation 52

LogisManager

OCTOBER 12, 2021

Environmental, Social and Corporate Governance (ESG) criteria are a set of standards for business operations. Now more than ever, socially conscious investors and regulators alike are evaluating organizations based on this criteria by evaluating their environmental friendliness, DEI initiatives, leadership transparency and more.

Evaluation 52

Evaluation Audit Risk Management Corporate Governance 52

LogisManager

OCTOBER 12, 2021

Environmental, Social and Corporate Governance (ESG) criteria are a set of standards for business operations. Now more than ever, socially conscious investors and regulators alike are evaluating organizations based on this criteria by evaluating their environmental friendliness, DEI initiatives, leadership transparency and more.

Evaluation 52

Evaluation Audit Corporate Governance Risk Management 52

Reciprocity

DECEMBER 21, 2022

Monitoring activities. Control activities – which are further broken out by: Logical and physical access. Then during the SOC 2 audit, your auditor will test your organization’s internal controls by running several activities, including an in-depth review of your policies and procedures and interviews with your employees.

Audit 52

Audit Gap Analysis Security Cybersecurity 52

Reciprocity

OCTOBER 1, 2022

But developing, implementing and maintaining a robust corporate governance, risk management and regulatory compliance program requires resources. As opposed to on-premise solutions that require appropriate internal resources for installation and maintenance, SaaS providers perform these activities for you.

Government 52

Government Risk Management Internet Audit 52