Remove Corporate Governance Remove Evaluation Remove Government
article thumbnail

Are You Ready for the Board and Beyond? A Self-Assessment Guide

LogisManager

A Self-Assessment Guide Last Updated: November 12, 2024 Corporate governance isn’t just about passing regulatory checks; it’s about showcasing your readiness and reliability to the board and beyond. Effective governance requires more than compliance—it requires cohesion, consistent communication, and proactive preparation.

article thumbnail

How to Create and Implement an Effective Governance Model

LogisManager

How to Create and Implement an Effective Governance Model Last Updated: June 4, 2024 Your board of directors needs adequate guidance to ensure they’re making the right decisions and avoiding risk. A strong corporate governance structure is an essential component of any risk management program.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Building an Effective Board Governance Committee: Everything You Need to Know

LogisManager

Building an Effective Board Governance Committee: Everything You Need to Know Last Updated: June 4, 2024 Your company relies on its board of directors to ensure high profitability and a good public reputation, and effective corporate governance is essential for supporting those goals. What Is a Governance Committee?

article thumbnail

Case Study: Transforming LogicManager

LogisManager

By evaluating and analyzing these metrics, LM highlights high-risk areas within our operations and illuminates the root causes of inefficiencies. Improving Efficiency, Effectiveness, and Duration At its core, LogicManager empowers us to optimize three critical metrics: efficiency, effectiveness, and process duration.

article thumbnail

What is COBIT? COBIT Explained

BMC

COBIT is one such best practice framework, but its scope is unique from most frameworks in that it focuses narrowly on security, risk management, and governance. Short for Control Objectives for Information and Related Technologies, COBIT was first developed to guide IT governance and management. What are the benefits of COBIT?

Audit 52
article thumbnail

What is the Three Lines of Defense Approach to Risk Management?

LogisManager

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. Last Updated: October 31, 2023 Recently, the FDIC unveiled new standards for financial institutions with over $10 billion in assets.

article thumbnail

Strategic Risk Management

LogisManager

Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level. At the board level, it becomes a crucial competency, integral to effective governance. It involves identifying, evaluating, and mitigating risks to enhance decision-making and safeguard long-term objectives.

Strategic 105