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The Role CorporateGovernance Plays in RiskManagement Last Updated: June 4, 2024 As an auditor, compliance officer or riskmanager, you’re used to balancing the delicate processes that impact your company’s performance.
In this session, we dive into practical strategies to align your organization’s answers, bridge any gaps in corporategovernance, and leverage LogicManager’s RMM and Completeness Checker powered by generative AI for seamless readiness. Stay proactive, not reactive.
Strategic RiskManagement Last Updated: December 19, 2023 Strategic RiskManagement (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. What Is Strategic RiskManagement? What Is Enterprise RiskManagement (ERM)?
A Self-Assessment Guide Last Updated: November 12, 2024 Corporategovernance 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.
Thinking Forward: Enterprise RiskManagement for 2024 & Beyond Last Updated: January 12, 2024 Going into 2024, practitioners and managers of Enterprise RiskManagement programs are under more pressure than ever. Also, this allows management and board members easier access to data for informed decision-making.
Bridging the Gap: How RiskManagers Empower Boards Last Updated: April 5, 2024 Welcome to the first installment of our series on presenting Enterprise RiskManagement (ERM) to the board. Increased Pressure for ERM Reporting The landscape of Enterprise RiskManagement (ERM) reporting is experiencing a significant shift.
Thinking Forward: IT Governance & Cybersecurity for 2024 & Beyond Last Updated: January 22, 2024 As we step into 2024, practitioners and managers of IT Governance & Cybersecurity programs are under more pressure than ever. Doing so allows you to proactively managerisk and stay nimble in the face of changes ahead.
What is the Three Lines of Defense Approach to RiskManagement? The proposed standards emphasize a stronger corporategovernance and include an over-arching requirement for these banks to adopt the Three Lines Model. This includes riskmanagement, compliance, and internal control departments.
Solutions Review’s listing of the best governance, risk, and compliance software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best governance, risk, and compliance software all in one place.
Silicon Valley Bank (SVB) Failures in RiskManagement: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. Failing to implement an ERM program under these circumstances is negligence.
In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. Among the areas expected to see change within compliance management of these banks will include obligations, board composition, duties, and committee structure.
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 corporategovernance structure is an essential component of any riskmanagement program.
Case Study: Transforming LogicManager How LogicManager Improved Our RiskManagement Practices from the Inside Out Last Updated: October 16, 2024 Every organization faces the challenge of balancing efficiency and riskmanagement. We adopted LogicManager (LM) to enhance our performance and riskmanagement practices.
How to Connect the Dots Between Risks and Goals for Board Insight Last Updated: June 4, 2024 Effective corporategovernance hinges on the ability to provide the Board of Directors with clear, actionable insights into your organization’s risks and how they impact strategic goals.
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 corporategovernance is essential for supporting those goals. What Is a Governance Committee?
Enterprise riskmanagement (ERM) can be a challenging endeavor – but a rewarding one, too. That said, numerous barriers to effective ERM can exist within a corporate organization. To reap the full benefits, riskmanagement teams must understand what those barriers are, and the techniques you can use to overcome them.
Enterprise riskmanagement (ERM) can be a challenging endeavor – but a rewarding one, too. That said, numerous barriers to effective ERM can exist within a corporate organization. To reap the full benefits, riskmanagement teams must understand what those barriers are, and the techniques you can use to overcome them.
Strategic RiskManagement Last Updated: December 19, 2023 Strategic RiskManagement (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. What Is Strategic RiskManagement? What Is Enterprise RiskManagement (ERM)?
Thinking Forward: Enterprise RiskManagement for 2024 & Beyond Last Updated: January 11, 2024 Going into 2024, practitioners and managers of Enterprise RiskManagement programs are under more pressure than ever. Also, this allows management and board members easier access to data for informed decision-making.
Discover how to align your goals with leaderships expectations, eliminate gaps in your riskmanagement process, and ensure your contributions are recognized. Through real-world examples and actionable insights, learn how to make your work more impactful and prove the value of your riskmanagement efforts.
Boeing Airlines finds itself amidst a storm of legal challenges, grappling with a series of incidents highlighting systemic issues in its riskmanagement practices. Why is the glaring lack of records a riskmanagement problem for Boeing? What are the consequences of Boeing’s failure in riskmanagement?
These frameworks offer philosophies and tangible paths forward to improve cost and resource management, measure risk, speed up customer service, and innovate analysis through predictive methods. Short for Control Objectives for Information and Related Technologies, COBIT was first developed to guide IT governance and management.
By aligning with these practices, they not only improve their corporategovernance approach beyond the minimum requirements but also enhance the overall company performance. developed by the Cyber Risk Institute, Complimentary User Entity Controls (CUECs), and new framework cross-mappings. The CRI Profile v1.2
What is the Three Lines of Defense Approach to RiskManagement? The proposed standards emphasize a stronger corporategovernance and include an over-arching requirement for these banks to adopt the Three Lines Model. This includes riskmanagement, compliance, and internal control departments.
Operational resilience is a critical component of a modern governance, risk, and compliance (GRC) framework and is indispensable in modern business environments. This provides company leaders with an innate understanding of threats and risk factors to the organization while prescribing actionable plans to counteract their impacts.
Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporategovernance.
Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporategovernance.
Why Company Culture is the Most Overlooked Business Risk in 2025 Last Updated: February 28, 2025 Every organization talks about the importance of riskmanagement, yet few acknowledge the silent threat embedded in their own operations: company culture. This is why a holistic, risk-based approach to riskmanagement is essential.
Discover how to align your goals with leaderships expectations, eliminate gaps in your riskmanagement process, and ensure your contributions are recognized. Through real-world examples and actionable insights, learn how to make your work more impactful and prove the value of your riskmanagement efforts.
Discover how to align your goals with leaderships expectations, eliminate gaps in your riskmanagement process, and ensure your contributions are recognized. Through real-world examples and actionable insights, learn how to make your work more impactful and prove the value of your riskmanagement efforts.
This applies especially to your Environmental, Social and CorporateGovernance (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. .
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. Social criteria examine diversity, equity and inclusion, labor management, data privacy and security and community relations.
A Case Study Last Updated: June 25, 2024 Effective corporategovernance hinges on the ability to provide actionable insights into your organization’s risks and how they impact strategic goals. has been a game-changer in managing these risks more effectively. With LM 2.0, Watch Leveraging LM 2.0:
Strong corporategovernance and a risk-based approach are the best way to address remote work risks by facilitating accountability, transparency, fairness, and responsibility. Implementing can help ensure that remote workers remain productive while also mitigating the risks associated with remote work.
As organizations and businesses around the world and across industries migrate their IT to the cloud, C-suites are faced with a new dilemma for governance, riskmanagement and compliance (GRC) solutions: cloud versus on-premise software. That’s time and money that might be better spent elsewhere.
Case Study: Transforming LogicManager How LogicManager Improved Our RiskManagement Practices from the Inside Out Last Updated: October 16, 2024 Every organization faces the challenge of balancing efficiency and riskmanagement. We adopted LogicManager (LM) to enhance our performance and riskmanagement practices.
2021 Product Enhancements: Explained Find your governance area, click to expand, and read about the product enhancements we made to improve your LogicManager experience in 2021! Vendor Management. Enterprise RiskManagement. Slice and dice risk data by strategic goal, geography or risk category to present to any audience.
To better understand resilience and its direct correlation to organizational success, Everbridge and Atos sought the help of Dr. Stefan Vieweg, Director of the Institute for Compliance and CorporateGovernance (ICC) at the Rheinische Fachhochschule in Cologne, Germany. They put it into action and make changes as needed.
Everbridge and Atos sought out to find the links between resilience and success, with a report from Dr. Stefan Vieweg, Director of the Institute for Compliance and CorporateGovernance (ICC) at the Rheinische Fachhochschule in Cologne, Germany. Over 50% of the top performers have an established riskmanagement process.
Strong corporategovernance and a risk-based approach are the best way to address remote work risks by facilitating accountability, transparency, fairness, and responsibility. Implementing can help ensure that remote workers remain productive while also mitigating the risks associated with remote work.
As part of this analysis, organizations must consider the likely impact and probability of each risk to minimize any possible impact or damage. Risk assessments provide a basis for riskmanagement and mitigation. Internal audits play a vital role in a company’s corporategovernance ecosystem.
As part of this analysis, organizations must consider the likely impact and probability of each risk to minimize any possible impact or damage. Risk assessments provide a basis for riskmanagement and mitigation. Internal audits play a vital role in a company’s corporategovernance ecosystem.
2021 Gartner® Magic Quadrant for IT Vendor RiskManagement Tools in 2021 & Beyond? Environmental, Social and CorporateGovernance (ESG) criteria are a set of standards for business operations. PR will eventually become ineffective as reputations will need to be earned through genuinely good governance.
The topic of environmental, social and governance (ESG) criteria is especially prominent right now. The See-Through Economy has driven the value of global assets applying environmental, social and governance data to drive investment decisions to almost double over four years, and more than triple over eight years, to reach $40.5
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