Enterprise Compliance Today

Why Aggregate Risk in an Enterprise Risk Management (ERM) System?

Posted by Greg Carroll on Fri, Nov 22, 2013 @ 10:40 PM

There appears to be a growing view that Risk does not need to be aggregated to have an effective ERM. I believe this is due to a combination of the rush of inadequate software products on the market and the infiltration of Q.A. mentality into ERM. 

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Tags: corporate governance, risk aggregation, risk management

Interview with Certified Enterprise Risk Manager® (CERM) Academy

Posted by Greg Carroll on Mon, Nov 11, 2013 @ 10:11 AM

This week I thought I'd re-print an extract from an interview  with Greg Carroll by Greg Hutchins from US based Certified Enterprise Risk Manager® (CERM) Academy, on my upcoming book "Mastering 21st Century Enterprise Risk Management".

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Tags: Quality Management, risk management

How to aggregate risk in an Enterprise Risk Management (ERM) system

Posted by Greg Carroll on Sat, Nov 09, 2013 @ 09:18 AM

Without aggregation, ERM loses any meaning and purpose. (see Why Aggregate Risk in ERM) So if accepting the need to aggregate risk, both from business units to group and between diverse natures of risk, how do you aggregate risks?

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Tags: corporate governance, risk aggregation, risk management

How Parsons Brinkerhoff Manages Corporate Compliance with Fast Track

Posted by Greg Carroll on Fri, Oct 18, 2013 @ 03:00 AM

A customer example

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Tags: project management

New: Download the Enterprise Risk Management Software Data Sheet

Posted by Greg Carroll on Fri, Oct 11, 2013 @ 03:00 AM

We've posted a new item in the Resource Room. Here's a preview of what's inside.

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Tags: Company News, risk management

Mining Regulation Compliance: How a Top Gold Producer Uses Fast Track

Posted by Greg Carroll on Fri, Oct 04, 2013 @ 06:00 AM

How the right compliance software is improving Resolute's hazard management, administrative processes, audit-readiness, and more

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Tags: risk management, Compliance Management, corporate governance

What Most Governance, Risk and Compliance Software is Missing

Posted by Greg Carroll on Fri, Sep 27, 2013 @ 05:00 AM

A manager doesn't have to dig in different places for information if her enterprise's database stucture uses the brain as a model. See the difference -- and what it means for you -- in this video clip.

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Tags: corporate governance, risk identification

Managing Enterprise Risk Like a Bomb-Disposal Squad (3 of 4)

Posted by Greg Carroll on Fri, Sep 20, 2013 @ 03:00 AM

The point of enterprise risk management is to avoid and minimize disasters, not wait for them to happen. (Third in a series of 4 articles)

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Tags: Best practices, risk management

Are You a Risk-Averse Risk Manager? (2 of 4)

Posted by Greg Carroll on Fri, Sep 13, 2013 @ 05:01 AM

What worked well 20 years ago in ERM is no longer good enough to keep you on top. (Second in a series of 4 articles)

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Tags: Best practices, risk management, risk culture

Sept 2013 Webinars: Mastering 21st Century Enterprise Risk Management

Posted by Greg Carroll on Fri, Aug 30, 2013 @ 07:00 AM

 
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Tags: Best practices, risk management, Company News

Chaos Theory & C-Level Disillusionment With Risk Management

Posted by Greg Carroll on Wed, Aug 21, 2013 @ 11:00 PM

Risk management can't predict the weather, but it can tell you when you should take an umbrella.

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Tags: corporate governance, risk management

What Sarah Connor (of "Terminator") & I Have in Common

Posted by Greg Carroll on Fri, Aug 16, 2013 @ 09:22 AM

While we were having coffee, the world changed... and risk management practices need to change yesterday

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Tags: Best practices, corporate governance

3-Minute Guide to Enterprise Risk Management (1 of 4)

Posted by Greg Carroll on Fri, Aug 02, 2013 @ 08:25 AM

Most know the principles of risk management, but are vague on implementation. There's no need for confusion. We can cover the basics in just 3 minutes. (First in a series of 4 articles)

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Tags: Best practices, risk management

Gen Y vs. GRC (Governance, Risk & Compliance)

Posted by Greg Carroll on Sat, Jul 27, 2013 @ 05:37 AM

Why the very traits we complain about may be the solution to our biggest problem.

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Tags: Best practices, risk culture, project management

The Secret to Successful Compliance Management? It's Not the System

Posted by Greg Carroll on Mon, Jul 15, 2013 @ 09:36 AM

The key isn't filling forms, it's tapping into what motivates your employees

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Tags: Compliance Management, risk culture, project management

Enterprise Risk Management for Real Business Intelligence

Posted by Greg Carroll on Sat, Jun 29, 2013 @ 06:13 AM

Business intelligence software (BI) may offer slick dashboards and tons of statistics, but it doesn't replace the intelligence of executives - or good governance systems.

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Tags: Best practices, risk management, corporate governance, Management & Reporting

Corporate Governance Blame Game

Posted by Greg Carroll on Fri, Jun 21, 2013 @ 06:00 AM

Everyone wants to have good governance practices in place, as long as they don’t have to implement them. Here are my 7 key elements to deal with the problem.

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Tags: Best practices, corporate governance

7 Tips to Track Risk Management & Fulfill Duties in Less Time

Posted by Greg Carroll on Fri, Jun 14, 2013 @ 05:49 AM

The right compliance software can help make it easier to implement - and reap rewards.

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Tags: risk management, project management

IT Temple Of Doom III: Compliance Software Implementation Rules 6-10

Posted by Greg Carroll on Fri, Jun 07, 2013 @ 11:00 PM

Responsibility for implementing an enterprise system can either advance or damage a career. You can have a big impact on your company and your career if you do it successfully.

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Tags: Compliance Management, project management

IT Temple of Doom II: Compliance Software Implementation Rules 1-5

Posted by Greg Carroll on Fri, May 31, 2013 @ 11:00 PM

10 rules to ensure a drama-free IT project

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Tags: Compliance Management, project management

Ford's Mediocre Risk Management Led to Australian Plant Closures

Posted by Greg Carroll on Thu, May 30, 2013 @ 03:54 AM

Ford is closing plants in Australia. So how come BMW, Mercedes, Audi, and Volkswagen can handle it?

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Tags: risk management, corporate governance

IT Temple Of Doom I: Booby-Traps of Compliance Software Implementation

Posted by Greg Carroll on Mon, May 20, 2013 @ 06:00 AM

IT implementations - especially compliance software implementations -- can go awry in many different ways. Here are some of the worst.

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Tags: Compliance Management, project management

2013 Guide to FastTrack.net Enterprise Compliance Software

Posted by Greg Carroll on Fri, May 17, 2013 @ 04:11 AM

New for 2013, this guide covers modules, pricing, integration, security, support and more

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Tags: Company News

Apple vs Enron: How Good Corporate Governance Adds Shareholder Value

Posted by Greg Carroll on Thu, May 16, 2013 @ 03:59 AM

Savvy investors know that the difference between the next Apple and the next Enron is in how well the business can handle financial, resource, and capability stresses

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Tags: corporate governance, shareholder value

Proactive Management Using Good Compliance Software

Posted by Greg Carroll on Sat, May 04, 2013 @ 06:00 AM

Promote a culture of employee involvement and get real bottom-line results 

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Tags: Best practices, corporate governance, Compliance Management

3 Strategic Benefits of Good Compliance Software

Posted by Greg Carroll on Mon, Apr 29, 2013 @ 06:00 AM

The right system enables an enterprise to be as prepared and quick as Winston Churchill

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Tags: risk management, corporate governance, Compliance Management

Payoffs to Expect from Good Compliance Software

Posted by Greg Carroll on Wed, Apr 24, 2013 @ 01:29 PM

How proactive compliance tools increase bottom-line returns, thereby fulfilling key director performance criteria

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Tags: Best practices, Cost of compliance, project management, Compliance Management

Top 3 Lessons From IBM and Queensland Health's Billion Dollar Fiasco

Posted by Greg Carroll on Fri, Apr 12, 2013 @ 06:15 AM

Part 2 of a series on what went wrong with the Queensland Health payroll system implementation (see Part 1: Safety In Size? Not For IBM Software Implementations)

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Tags: project management

Safety In Size? Not For IBM Software Implementations

Posted by Greg Carroll on Tue, Mar 26, 2013 @ 05:02 AM

How Queensland Health paid dearly for choosing a giant for a new payroll system.

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Tags: Best practices, project management

With Compliance Management Software, It's All About Proper Fit

Posted by Greg Carroll on Mon, Mar 18, 2013 @ 09:00 PM

A lot of companies make good products, but which ones are good for YOU?

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Tags: project management

How Taking Your Time Speeds Up Compliance Software Implementation

Posted by Greg Carroll on Sat, Mar 16, 2013 @ 03:06 AM

It seems that the less we rush implementation, the faster we are

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Tags: Best practices, project management

New: Guide Untangles Compliance Software Market

Posted by Greg Carroll on Tue, Jan 29, 2013 @ 10:00 PM

Ten steps help companies figure out which vendor is right for them

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Tags: Company News

Study: Non-Compliance Problems Cost 3X More Than a Strong Compliance Program

Posted by Greg Carroll on Mon, Jan 21, 2013 @ 10:00 PM

Study shows that non-compliance problems cost nearly three times as much as doing it properly from the start

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Tags: Cost of compliance, Compliance Management, Company News