Enterprise Compliance Today

Understanding the Governance part of GRC Systems

Posted by Greg Carroll on Sat, Apr 29, 2017 @ 03:51 PM

Unfortunately, there seems to be a lack of understanding of what GRC really is.  Contrary to popular belief GRC is NOT ERM, but 3 separate disciplines Governance, Risk and Compliance. Here I look at the neglected Governance component.

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Tags: corporate governance, risk management, Strategic Management, grc systems

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.

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

Strategic Management: How to turn a Strategic Plan into Results

Posted by Greg Carroll on Thu, Mar 05, 2015 @ 07:30 AM

Corporate objectives are not the “bulls eye” of strategic planning they're just the dartboard.  Boards are assessed by the quality of their Results not the quality of their Objectives.

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Tags: corporate governance, risk management, Strategic Management

How to use Strategic Imperatives to focus Corporate Risk Management

Posted by Greg Carroll on Wed, Aug 06, 2014 @ 02:00 PM

Risk exists everywhere - the problem is knowing what to focus on. ISO31000 definition of risk as “the measure of uncertainty in a situation” hasn’t done a lot to clarify what corporate risk means for Directors providing "good corporate governance".

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Tags: corporate governance, risk identification, Strategic Management