Enterprise Compliance Today

What is GRC and why use compliance management software?

Posted by Greg Carroll on Mon, Apr 17, 2017 @ 02:31 PM

When starting out on the Compliance Management journey, understanding the alphabet soup of acronyms can be confusing.  Here we try to explain the terms, what needs to be done, and need for compliance management software in the process.

Read More

Tags: corporate governance, Compliance Management, risk management

What Donald Trump’s win tells us about Decision Bias

Posted by Greg Carroll on Sat, Nov 12, 2016 @ 09:36 AM

Just like the Brexit win 2 months ago, Donald Trump’s election as US President beggars belief but has some valuable lessons to learn from both a Risk Management and corporate governance perceptive.

Read More

Tags: corporate governance, risk identification, decision making, risk management

How to reduce Security Risk when moving to Cloud Computing

Posted by Greg Carroll on Wed, Nov 02, 2016 @ 10:51 AM

In my last article “Is Cloud based Risk Management worth the Risk?” I confirmed cloud solutions can be the right and effective solution given that you do the appropriate due diligence on being fit-for-purpose.  If a cloud solution is appropriate, that’s any application not just risk and compliance, then how can you minimise your internet infrastructure risk?

Read More

Tags: cyber risk, project management, risk management

Is Cloud based Risk Management worth the Risk

Posted by Greg Carroll on Tue, Oct 25, 2016 @ 10:09 AM

Last week’s simultaneous DDoS cyber-attack on major US websites from Twitter to New York Times, exposed the serious vulnerability for those with cloud based Risk & Compliance solutions. It looks like some people may be cutting off the branch they are sitting on!

Read More

Tags: corporate governance, cyber risk, risk management

How to make Audit Management Effective

Posted by Greg Carroll on Mon, Jul 25, 2016 @ 10:00 AM

Effectiveness is the holy grail of Compliance Management.  Whether regulatory or ERM, ensuring business is conducted as intended is the base requirement to optimising your organization’s performance.
Read More

Tags: Best practices, Compliance Management, risk management, Quality Management, Compliance Audit

Brexit and the failure of ERM

Posted by Greg Carroll on Mon, Jun 27, 2016 @ 02:27 PM

I have often written on my view that there is an over emphasis these days on Black Swans in risk management. The Brexit vote on Thursday not only shot shockwaves through financial markets but has created a whole new paradigm to world economic stability both short and long term.  And if Risk is defined as uncertainty then as of today, this must be one of our greatest risks.

Read More

Tags: corporate governance, risk identification, risk management

Demystifying Risk – Life vs Death

Posted by Greg Carroll on Sat, Jun 25, 2016 @ 07:22 AM

Risk management is suffering from too much consultant-speak – mystifying what is a standard business practice. When inducting new staff in the concepts of risk management, I use the most obvious analogy which clarifies the issues simply: that of our own mortality.

Read More

Tags: corporate governance, risk management

Napoleon’s Lessons in Strategic Management

Posted by Greg Carroll on Fri, Aug 14, 2015 @ 01:01 PM

With 2015 being the 200th anniversary of the Battle of Waterloo and having a man-crush on Napoleon B, I have taken this opportunity to revisit some of lessons we can learn (good & bad) from his 20 year reign as master of the universe.

Read More

Tags: risk management, Strategic Management, leadership, risk culture

How to Implement Risk Based Audits & Inspections

Posted by Greg Carroll on Sat, Jul 18, 2015 @ 05:40 PM

With the release of the Final Draft of ISO9001:2015 this week and its focus on risk-based Compliance Management, I thought I would share our approach to Risk-Based Auditing from our experience with the likes of Defence Aviation and the Australian Quarantine Inspection Service, both leaders in the field.
Read More

Tags: Best practices, Compliance Management, risk management, Quality Management, Compliance Audit

Why Corporate Governance is broken and how to fix it

Posted by Greg Carroll on Thu, May 28, 2015 @ 11:23 AM

Why, with the number of fertile minds that exist in our field, is it still a case of an irresistible force meeting an immovable object.  The paradox I believe, like our would-be entrepreneurs, is one of approach.

Read More

Tags: corporate governance, Compliance Management, risk management