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Latest Pontifications & Thoughts . . .
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The GRC Pundit Podcast: Toni Villanen of Majid Al Futtaim
In this podcast The GRC Pundit of GRC 20/20 Research, LLC interviews Toni Villanen of Majid Al Futtaim to discuss #riskmanagement #ERM #ORM #GRC – where it has been, where it is now, and where it is going. In this podcast, we discuss the challenges today in risk management, how COVID-19 is changing risk management, and how organizations need to engage……
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Policy Management and Remote Work: Adapting to the New Normal
The COVID-19 pandemic has changed everything. What started as a health and safety risk has had a domino impact of other risks that have resulted in changed business practices, processes, objectives, and expectations. One critical area of impact is the proliferation and support of remote workers. Coming out of the pandemic, it is safe to……
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GRC Pundit Podcast: ING GRC Orchestrate Project
In this podcast The GRC Pundit interviews Ian Hollowbread and Mukund Umalkar of ING to discuss the future of GRC technology and their GRC Orchestrate Project. I have a dream. It is futuristic, but realistic. It involves a Star Trek chair and a bank of monitors. It would involve tracking the global flow of funds……
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Next Generation Corporate Compliance & Ethics Architecture
Compliance and ethics have become a critical challenge in organizations around the world. Faced with growing regulatory change increased enforcement actions, and a greater focused on the social responsibility and accountability of organizations, compliance and ethics management has become a front and center issue. Compliance and ethics departments are grappling with the challenges of conduct,……
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At the Cross-roads: A Tale of Four Third Party GRC/Risk Management Roads to Travel
The naturalist John Muir stated, “When one tugs at a single thing in nature, he finds it attached to the rest of the world.” This not only applies to nature but also to the reality of the Extended Enterprise in today’s complex and interconnected world. What seems to be one third-party risk cascades and interconnects……
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Driving Efficiency into Compliance & Ethics Processes: Time Saved = Money Saved
Managing compliance and ethics has become a complex web of processes and information. The modern organization is constantly changing: new employees, shifting employees and responsibilities, evolving business processes, new and changed regulations/obligations, growing ethical concerns, and greater scrutiny from stakeholders, customers, law enforcement, and regulators. The challenge of compliance and ethics grows more confusing when……
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Compliance & Ethics is Rapidly Evolving
Evolution and change happen: sometimes slowly, sometimes rapidly. In the context of compliance and ethics programs, we are seeing a significant and rapid evolution of what is expected of organizations. Organizations are required to have structured and functional compliance and ethics program that monitors compliance continuously in the context of operations, transactions, and people. A……
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Managing Risk Creatively & Structurally
I think best in the abstract and imaginative. My mind is wired to be more intuitive and see relationships and images. I am more like my mother. My brother, he is like my father – wired for math and numbers. I have been competent with math, but it is not what engages me. While my……
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Privacy, Pandemics, and Business Change…OH MY!!!
The world is in turbulence all around us. What started as a health and safety issue in Asia has had a cascading impact around the world. Economic uncertainty, health and safety, work from home, IT security issues, continuity, and operational resiliency…it is like an intricate pattern of dominos falling over. In response to the pandemic,……
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The Pandemic & the Dominos of Risk Interconnectedness
Risk, according to ISO 31000, is “the effect of uncertainty on objectives.” Uncertainty is all around us in 2020. Organizations go through a lot of effort to try to put a label on specific risks, but the reality is risk is too complex to put into a container and label it. An organization cannot look……
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Effective Risk Management in Context of the Pandemic
The COVID-19 pandemic has caught a lot of organizations by surprise. But, should it have? We have had pandemics in the past—history teaches us this over and over. The World Economic Forum has regularly reported pandemic risk on their global risk reports over the years. Political and business leaders have warned us of pandemics. So, why has……
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GRC Supper Club: Operational Resiliency and the Interconnectedness of Risk
The past two months have been a crazy whirlwind of webinars, phone calls, and video meetings. Organizations the world over have been asking for calls on how to respond to the pandemic from a GRC perspective, and what the world of GRC will look like and how corporate governance, enterprise risk, and compliance and ethics……
