Taking the Complexity out of Governance, Risk and Compliance

In our recent blog, The Commercial Litigator’s Cookbook, we shone the spotlight on a number of the governance pressure points a litigation lawyer pushes when pursuing a commercial or employment related claim against a company.

Rather than focus on what an organisation SHOULD NOT DO in order to avoid the litigator’s focus, we thought it important to also set out a number of the key issues that an organisation SHOULD address in order to mitigate its risk. These issues include:

  • Implementation of effective policies and procedures that are up-to-date with changes in law and are delivered on a communication platform that makes them readily accessible to all staff;
  • Comprehensive training programs to ensure all staff are trained and tested in high risk areas of your business and that detailed records are created and maintained;
  • Adopting a Compliance program built to the Australian Standard 3806 to ensure that your organisation is fulfilling its legal and regulatory obligations;
  • Having a contracts management system in place to ensure effective monitoring of contractual performance and currency of contracts;
  • Ensuring your organisation has appropriate insurance cover in place and that your internal systems and procedures, or lack thereof, do not jeopardise this cover;
  • Protecting your reputation by including a crisis management strategy as part of your Business Continuity Management program.

Obviously these six bullet points cover a broad range of governance, risk and compliance (GRC) issues for organisations and it is beyond this blog to go into them all in detail.  However, at CompliSpace we have spent many years developing a range of online tools and services that are specifically designed to enable organisations to address these issues.

If you would like a practical demonstration of how even the smallest organisation can implement best practice governance, risk and compliance systems, we would like to invite you to attend our solutions focused webinar “Taking the Complexity out of Governance, Risk and Compliance”.

This webinar will be held on Wednesday, 12 September 2012  and will cover:

  • Governance, Risk & Compliance (GRC) in a Nutshell
  • Implementing an Effective Policy Management Framework
  • A Practical Online Demonstration
  • From Shield to Sword – Adding Value to  Your Organisation

If you are interested in how our services can help to protect the value and increase efficiency and productivity in your organisation then register here to attend this webinar.

Date: Wednesday, 12 September 2012
Time: 12.30 – 1.30pm AEST

After registering you will receive a confirmation email containing information about joining the webinar.

How can CompliSpace help?

CompliSpace combines specialist governance, risk and compliance consulting services with practical, technology-enabled solutions.

CompliSpace content is delivered online, in a format that allows clients to quickly and efficiently tailor the content to their own particular specifications.

We provide our clients with comprehensive programs covering areas such as governance policies, enterprise risk management, human resources and workplace safety. We have a diverse range of clients, including those in the financial services sector, ASX listed entities, private companies and not-for-profit organisations.

If you are looking to streamline your existing governance, risk or compliance programs and make them more relevant to your organisation, give us a call.

We are committed to helping organisations to implement sustainable governance solutions.

Contact Details

P: +61 (2) 9299 6105 (Sydney) / +61 (8) 9288 1826 (Perth)

E:  contactus@complispace.com.au

W: www.complispace.com.au

This blog is a guide to keep readers updated with the latest information. It is not intended as legal advice or as advice that should be relied on by readers. The information contained in this blog may have been updated since its posting, or it may not apply in all circumstances. If you require specific or legal advice, please contact us on (02) 9299 6105 and we will be happy to assist.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s