CORPORATER Cofee Break: Navigating Chaos, Managing Risk in a Dynamic Environment
10:00 am Europe/London
Come share a cup of coffee with us and enjoy some quick bites as Michael Rasmussen, GRC Analyst and Pundit – GRC 20/20 Research, LLC, speaks about “Navigating Chaos: Managing Risk in a Dynamic Environment.”
The Corporater Coffee Break is a free, invitation-only learning seminar and networking opportunity for senior executives, strategic thinkers, and business professionals responsible for growth, strategy, and innovation within their organization. Fill out the registration form to reserve your spot.
Navigating Chaos: Managing Risk in a Dynamic Environment
The physicist Fritjof Capra once said, “The more we study the major problems of our time, the more we come to realize that they cannot be understood in isolation. They are systemic problems, which means that they are interconnected and interdependent.” Capra was making the point that biological ecosystems are complex, interconnected and require a holistic contextual awareness of the intricacy in interconnectedness as an integrated whole – rather than a dissociated collection of systems and parts. Change in one area has cascading effects that impact the entire ecosystem. This interconnectedness and a demand for a 360° contextual awareness apply to the world of business. Organizations need to see the intricate relationships of objectives, risks, and boundaries of the enterprise. Gone are the years of simplicity in business operations. Exponential growth and change in risks, regulations, globalization, distributed operations, competitive velocity, technology, and business data encumbers organizations of all sizes. Keeping business strategy, performance, uncertainty, complexity, and change in sync is a significant challenge for boards and executives, as well as management professionals throughout all levels of the business.
Today’s organizations have to have holistic visibility and 360° contextual awareness of risk in the context of objectives across the enterprise. This presentation details how organizations need to be proactive in managing risk to be more:
Aware. They need a finger on the pulse of the business and watch for a change in the internal and external environments that introduce risk to objectives.
Aligned. They need to align performance, risk management, and compliance to support and inform business objectives.
Responsive. Organizations cannot react to something they do not sense. Mature risk management is focused on gaining greater awareness and understanding of information that drives decisions and actions and improves transparency.
Agile. Stakeholders desire the organization to be more than fast; they require it to be nimble.
Resilient. The best-laid plans of mice and men fail. Organizations need to be able to bounce back quickly from changes in context and risks with limited business impact.
Efficient. They build business muscle and trim the fat to rid expense from unnecessary duplication, redundancy, and misallocation of resources; to make the organization leaner overall with enhanced risk capability and related decisions about the application of resources.GUEST SPEAKERS
Welcome – Coffee and pastries are served
Speaker: Michael Rasmussen, GRC Analyst & Pundit | GRC 20/20 Research, LLC Topic: “Navigating Chaos: Managing Risk in Dynamic Environment”
Speaker: Eelco van den Top, Business Developer | Corporater Topic: “The Fundamental Role Technology plays in managing risk while enhancing business performance”
GRC Q&A discussion
GRC 20/20 Speaker
GRC 20/20 ResearchMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 26+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.
Around the world, organizations are grappling with unprecedented change and disruption. On one hand, regulations are growing more complex, even as enforcement actions become more stringent. On the other hand, internal business environments are rapidly evolving as organizations expand into new markets, merge and acquire other companies, or widen their third-party ecosystems – all of which create new operational and strategic risks. Added to that are multiple external risks such as geopolitical and economic risks, as well as technology disruptions and cyber-attacks.To survive and thrive among these challenges, organizations have to be agile. They need to be able to respond and adapt quickly to the shifts taking place around them. An agile GRC program is key to these efforts. Not only does it enable organizations to stay ahead of risks, but it also builds resilience and resource efficiency.
To find out more about GRC agility, join this presentation where Michael will discuss:
Corporater is a leading software industry expert in GPRC (Governance, Performance, Risk and Compliance), offering the unique capabilities required for enabling a sustainable, efficient, and effective GRC program aligned with strategy and performance, all within a single platform. Corporater provides the world’s leading Business Management Platform which offers ‘One View, One Platform’ for a holistic and complete overview of business. We use our gains to make a social impact. With customers spread across 30 countries, ranging from SME’s to Fortune 500 companies and several governmental organizations, the user-base for Corporater has quickly grown into 100,000+.