Governance

businessman pushing virtual GRC button

2017: A Transformational Year for GRC

Driven by technology advances, GRC is going through a sea change. Practitioners are completely rethinking the GRC infrastructure and will use digital transformation and data analytics to make their programs far more responsive to the evolving needs of their organizations. GRC practitioners who ignore this transformation do so at their organizations’ peril.

data center ready for audit

New IGPMM Essential in Confronting Data Challenges

The Information Governance Process Maturity Model (IGPMM), developed by the Compliance, Governance and Oversight Council (CGOC) in 2012, has become a standard foundation for starting and revising enterprise information governance programs. The CGOC has now released a new version of the model to help organizations deal with today’s information realities.

boards

Self-Appointed Leadership Positions

The vast majority of board candidates are self-appointed leaders – those who have created a high level of visibility for themselves, directed efforts to achieve superior results and created learning opportunities for themselves to advance their expertise and position themselves for advancement. Here are a few tips to help board candidates as they seek appointments.

red, empty chair at board room table

Compliance Expertise Needed on the Board

The Case for a Compliance SME Just as it wouldn’t be wise to have a tax attorney negotiate a bribery settlement, you don’t want someone with minimal compliance experience serving as your board’s subject matter expert on compliance. The DOJ has continually stressed the importance of having a compliance expert on the board, and it will only be a matter...

Changes to governance place great pressure on boards

What Keeps Boards Up at Night?

Demands on corporate directors are greater than ever. With pressures from regulators, shareholders and proxy advisory firms to improve disclosure, increase board diversity, enhance corporate governance and stave off cyber-attacks, directors must stay abreast in a constantly evolving corporate environment.

people icons standing on sections of pie chart

Shareholder Activism

Results from PwC’s Annual Corporate Directors Survey are in, and it appears activist investors are now exerting more influence than ever on boards and management teams. The result is an “investor-centric” model, a departure from the “board-centric” model of the past. Paula Loop explains how this is a positive for companies, though there are negatives to be aware of, too.

interior of a boardroom

Compliance Expertise in the Boardroom

We in the GRC community know the value of an empowered compliance function: a CCO with authority, sufficient resources and the ear of the top brass. And to further ensure compliance success, experts are now calling for compliance expertise in the boardroom. Companies who have a director on the board with a background in compliance are instantly more likely to...

diversity in finance

The Importance of Diversity on Corporate Boards

The U.S. is – or should be – playing catch up with several other world leaders when it comes to board diversity. Many countries have instated gender diversity requirements for their boards of directors, but our corporations answer largely to the court of public opinion. What’s unfortunate here is that U.S. corporations could be missing out on real gains by...

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