Tag Archives: GRC

GRC, business strategy, and the Board

Clark Abrahams, Chief Financial Architect, SAS

Although CEOs and management teams are responsible for crafting strategic direction, Clark Abrahams says that board of directors need to be involved in strategic planning from the beginning. He offers a playbook idea to give boards a level set of knowledge on everything from competitor and industry analysis to risks and financials. That foundation will help them ask the right questions from the start.

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How can corporations reinforce, or restore, public trust?

Clark Abrahams, Chief Financial Architect, SAS

What can corporations and financial institutions do to reinforce or restore the public’s trust? Clark Abrahams says that the answer is easy: improved governance, transparency, a return to fundamentals, and effective stakeholder communication. But this solution starts at the top.

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Developing a risk assessment map

Risk Map

Measuring and managing operational risks is transitioning from intuitive art to science. But introducing quantification to an area that involves qualitative reasoning and subjectivity can be a little daunting. Take a look at Gary Cokins’ risk map – visualize risks on a single page.

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How to build a successful enterprise risk management program

Mona Leung

An enterprise risk management (ERM) program is more than a collection of organizational functions. ERM integrates all risk efforts under one set of common definitions, process framework and system solutions. Join Mona Leung, a banking and security leader from Alliant Credit Union, to hear how she developed and grew her institution’s ERM program.

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Filter a signal from the noise

Gary Cokins

Though strategic scorecards and dashboards can help approach an organization’s mountains of data, they still involve guesswork and intuition – risk. Analytics can help an organization sort through its data and filter out the “noise” when it comes to tracking metrics and KPIs, making it possible to act on fact.

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Heading down the (Dodd-Frank) highway, are we lookin’ for adventure?

David Wallace

SIFMA held its Dodd-Frank Impact Analysis Summit in New York City on July 13. David Wallace was there and returned with the panelists’ comments and his opinions. Read his recap of the discussions and then chime in with what you think the impact will be.

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‘Self’ audit, GRC and efficiency

Cyber security

In today’s regulated environment, the business is often asked for information – sometimes the same information – on an almost continuous basis. Learn how collaboration can significantly lighten the burden of audit on your organization.

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Enterprise governance: Risk and performance management through the business cycle

Van Der Stede

Economic downturns will always be part of the business cycle. Read this advice from Wim A. Van der Stede, CIMA Professor from the London School of Economics and Political Science, on how organizations can adopt reliable risk management “through the business cycle” to deliver sustainable performance.

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What is GRC (Governance, Risk & Compliance)?

Clark Abrahams, Chief Financial Architect, SAS

What you don’t know can hurt you. So what can you do about it? GRC (governance, risk & compliance) is about ensuring that your business is in control. It’s about being proactive rather than waiting to see what happens next. Clark Abrahams lays out simple ingredients for a GRC strategy of Knowing.

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Integrating risk management with business strategy

Webinar

Key business decisions affect both strategy and execution. Watch this one-hour webcast presentation from Manoj Kulwal, Global GRC expert from SAS, and Clark Abrahams, Chief Financial Architect at SAS, on aligning your risk management framework with your core business strategies and objectives.

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