Upcoming Events . . .
Latest Pontifications & Thoughts . . .
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Gartner: Missing the Risk & Compliance (GRC) Target
Gartner, in context of governance, risk management, and compliance (GRC) related research, is ignorant and harmful to organizations that rely on their research publications and advice. In full disclosure, Gartner is my competitor. I have been an analyst for seventeen of my twenty-four years as a GRC professional. I spent seven years at Forrester Research,…
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Understanding Risk Management Process & Architecture
The risk management strategy and policy is supported and operationalized through a risk management architecture. Organizations require complete situational and holistic awareness of risks across operations, processes, transactions, and data to see the big picture of risk in context of organizational performance and strategy. Distributed, dynamic, and disrupted business requires the organization to take a…
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Third Party Risk: Gaining Certainty in Global Relationships
One of the greatest governance, risk management and compliance challenges before organizations is managing the web of third party business relationships. Brick and mortar business is a thing of the past: physical buildings and conventional employees no longer define an organization. The modern organization is an interconnected mess of relationships and interactions that span traditional business…
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GDPR Compliance Requires a Strategy Supported by Process, Information and Technology
As the years go by, there is increasing focus on the protection of personal information around the world. Over time we have seen US HIPAA, US GLBA, Canada’s PIPEDA, the EU Data Protection Directive 95/46/EC, and others around the world. The latest, most comprehensive, and the one that is the front and center of concern to organizations…
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Risk Management by Design
The physicist, Fritjof Capra, made an insightful observation on living organisms and ecosystems that also rings true when applied to risk management: “The more we study the major problems of our time, the more we come to realize that they cannot be understood in isolation. They are systemic problems, which means that they are interconnected…
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Monitoring and Managing Risk Effectively
Challenge to Boards, Executives, and Risk Management Professionals Organizations take risks all the time but fail to monitor and manage risk effectively. Further, risk management is too often seen as a compliance exercies and not truly integrated with decision making and objectives of the organization. A cavalier approach to risk-taking is a result of a…
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Benefits of a Policy & Training Management Strategy and Architecture
The organization requires a policy and training management architecture that is context-driven and adaptable to a dynamic and changing environment. Compared to the ad hoc method in use in most organizations today, a policy and training management architecture enables better performance, less expense, and more flexibility. Core technology capabilities to consider a policy management program…
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Policy Management Information & Technology Architecture
Policy & Training Management Information Architecture The policy and training management information architecture supports the process architecture and overall policy and training management strategy. With processes defined and structured in the process architecture, the organization can now get into the specifics of the information architecture needed to support policy and training processes. The policy and training…
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Compliance Automation: The Role of Technology in Today’s Dynamic Organization
Compliance is not easy. Organizations across industries have global clients, partners, and business operations. Adding to the complexity of global business, today’s organization is dynamic and constantly changing. The modern organization changes by the minute. The dynamic and global nature of business is particularly challenging to compliance management. As organizations expand operations and business relationships…
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GRC 20/20’s Effective Policy Management Process Lifecycle
The policy and training management strategy and policy is supported and made operational through the policy and training management architecture. The organization requires complete situational and holistic awareness of policies and related training across operations, processes, employees, and third party relationships to see the big picture of policy and training performance and risk. Distributed, dynamic,…
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Uncontrolled Spreadsheets, Documents, and Emails, Oh My!
Business is complex. Exponential change in regulations, globalization, distributed operations, processes, competitive velocity, business relationships, and legal matters encumbers organizations of all sizes across industries. Like battling the multi-headed Hydra in Greek mythology, redundant, manual, and document-centric internal control management approaches are ineffective. As the Hydra grows more heads of regulation, legal matters, operational risks,…
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Developing a Policy Management Strategy
Organizations need a coordinated cross-department strategy for managing policies and training programs across the enterprise. The goal is to develop a common framework and approach so that policies and training are understood and managed as an integrated whole rather than a dissociated collection of parts. Policies and training programs that are managed as dissociated documents,…