How many risks should you have on your risk register?

By CompliSpace Managing Director James Field To answer the question of “How many risks should an organisation have on its risk register?” it is necessary to understand the concept of “granularity” and how it applies in an enterprise risk context. Have I lost you yet? Don’t worry, the concept of granularity is remarkably simple, although … More How many risks should you have on your risk register?

Fraud and corruption: How to reduce the risks

In this edition of Executives On-The-Go we look at what organisations can do to reduce the risk of corrupt behaviour in the workplace and the potential financial and reputational impact that it entails. It has been hard to miss the relentless media coverage over the past few weeks related to incidents of corruption and fraud in … More Fraud and corruption: How to reduce the risks

Enterprise Risk Management Maturity Assessment Tool

Go straight to the Enterprise Risk Management Maturity Assessment Tool >>> Enterprise Risk Management (ERM) has shot to prominence in recent years, and is now considered an essential element in the governance framework of any organisation. The implementation of ERM programs is one of the hottest topics in boardrooms at the moment with more and … More Enterprise Risk Management Maturity Assessment Tool

Australian Business Continuity Management Standard AS/NZS 5050:2010 – A Risk Perspective

Global surveys of small to medium-sized enterprises (SMEs) over the past few years candidly point to the fact the vast majority of SMEs are not prepared for a business disruption-related risk event.  Over 50% do not have a Business Continuity Management (BCM) plan in place and of those that do have a BCM plan, only … More Australian Business Continuity Management Standard AS/NZS 5050:2010 – A Risk Perspective

A simple operational model for ensuring effective policy management

This is the final blog in a four part series investigating the assertion “that for Enterprise Risk Management to work effectively an organisation needs to have a robust organisational policy framework and a means of obtaining assurance that these policies and procedures are actually being followed in practice”. The other blogs in this series are: … More A simple operational model for ensuring effective policy management

Where is your organisation in terms of policy management maturity?

This is the third blog in a four part series exploring the assertion “that for Enterprise Risk Management to work effectively, an organisation needs to have a robust organisational policy framework and a means of obtaining assurance that these policies and procedures are actually being followed in practice”. The other blogs in this series are: … More Where is your organisation in terms of policy management maturity?

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 … More Taking the Complexity out of Governance, Risk and Compliance

Risk Perspectives – The Commercial Litigator’s Cookbook

As a purveyor of governance, risk and compliance (GRC) services we find that our clients are usually motivated either by (a) a fear of non-compliance and potential legal claims or (b) the significant productivity increases good governance systems can deliver. While we would love to think that the majority of purchasing decisions are motivated by … More Risk Perspectives – The Commercial Litigator’s Cookbook

Top policy management blunders – do you recognise any of these?

This is the second blog in a four-part series investigating the assertion “that for Enterprise Risk Management to work effectively an organisation needs to have a robust organisational policy framework and a means of obtaining assurance that these policies and procedures are actually being followed in practice”. Other blogs available in this series are: Part … More Top policy management blunders – do you recognise any of these?

Risk Perspectives – Is poor policy management holding back your organisation?

Part One – Why effective policy management is critical to organisational success In our recent blog Pitfalls to Avoid When Implementing an Enterprise Risk Management Program we highlightedone of the key pitfalls as being the failure to implement an effective policy management framework.  The basis of our argument was that for Enterprise Risk Management to work … More Risk Perspectives – Is poor policy management holding back your organisation?