Posted inEthics & Culture

The OCEG GRC Illustrated Series: GRC for Conflict of Interest Management

FACT: Employee conflicts of interest (COIs) are observed often, but reported rarely. COIs are the third most commonly observed type of misconduct, according to the 2013 National Business Ethics Survey (NBES), but only 49 percent of workers who observe COI misconduct are reporting what they see. FACT: Companies aren’t effectively managing COIs despite technology being […]

Posted inInternal Controls

GRC Capabilities Illustrated Series: Review Design and Operation of GRC Capabilities for Principled Performance

We’ve all heard the old adage “what gets measured, gets done,” and this applies equally to GRC management actions and controls, which must be reviewed for operational effectiveness. Beyond that, we must consider that changes to the external and internal context may render our current actions and controls ineffective, so we must review the designs […]

Posted inInternal Controls

GRC Capabilities Illustrated Series: Perform GRC Actions and Controls for Principled Performance

Principled performance is all about being able to reliably achieve objectives while addressing uncertainty and acting with integrity. You need to address threats, opportunities, and requirements by encouraging desired conduct and conditions and preventing what is undesired. Performing the right management actions and controls over business operations, risk, and compliance is essential. But what is […]

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