Archive | The GRC Pundit Blog

Commodity Risk Management

  The global economy is driving many organizations to develop enterprise risk management strategies.  Unfortunately for many they often interpret this as SOX on steroids and fail to deliver a true enterprise view of risk.  ERM often is trapped in an internal control view of risk that fails to comprehend and interpret the complexities of […]

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INQUIRY: Among the companies you speak with, which organizational departments appear to have the most to gain GRC?

INQUIRY: Among the companies you speak with, which organizational departments (finance, operations, legal, HR, etc.) appear to have the most to gain from GRC automation?   RESPONSE: GRC is about collaboration across these roles – so all have a lot to gain from GRC technology enablement and automation.  However I would state that business operations […]

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INQUIRY: What are the 3 biggest misunderstandings about GRC-enabling technology?

  INQUIRY: What are the 3 biggest misunderstandings about GRC-enabling technology? Why these particular areas are the most misunderstood outside of the IT organization and how can IT help clarify information?      RESPONSE: There are several areas that are highly misunderstood in regards to GRC-enabling technology.  The following represent what I see as the most common […]

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INQUIRY: In 2009, what will be the least obvious/highest impact business or market trend resulting from GRC automation?

  INQUIRY: In 2009, what will be the least obvious/highest impact business or market trend resulting from GRC automation?   RESPONSE: Tough question – but I am happy to play the prophet.  I would have to say it is the use of GRC technology to extend GRC processes to business partners.  There are more also […]

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The Ultimate ERM Platform

The New Year of 2009 is at our doorstep and with the global turmoil it is about time many organizations begin thinking of enterprise risk management Today we explore the Ultimate Enterprise Risk Management (ERM) Platform. Many of you expressed deep interest in my Ultimate Compliance Platform earlier in December. This week, I am delivering […]

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