GRC 20/20’s Michael Rasmussen will be speaking on the blog below in an ESG context on the webinar: Policy & Training Management: A Foundation of a Successful ESG Program
From time to time, people ask why policies matter. The answer, at its most basic, is that when an organization fails to establish strong policies, the organization quickly becomes something it never intended.
Good policies define the organization’s governance posture, corporate culture, behavioral boundaries, and objectives.
Without the guidance provided by well-written and effectively managed policies, corporate culture may morph and take the organization down unintended paths. Policies are critical to managing risk; every policy is a risk document that aims to control behavior-related risks.
The longer answer is a bit more complicated . . .
[THE REST OF THIS ARTICLE CAN BE FOUND ON THE EKKO/LEARNING ZONE BLOG WHERE GRC 20/20’S MICHAEL RASMUSSEN IS A GUEST AUTHOR]