All GRC Illustrated articles – Page 2
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Article
A Strategic Approach to Conduct Risk
As we all know, ill-advised risk taking in the financial sector led the industry to the brink of collapse in recent years. Not only that, but sales schemes driven by inappropriate incentive plans and outlandish short-term objectives caused many consumers to suffer severe financial consequences and lose trust in the ...
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Article
Playing the Game of Risk in Workplace Education
In his acclaimed book, “A Theory of Fun for Game Design,” Raph Koster says: “Fun from games arises out of mastery. It arises out of comprehension. It is the act of solving puzzles that makes games fun. In other words, with games, learning is the drug.”Koster, a gaming industry thought ...
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Article
GRC Federalist Papers: A Call to Action
Business is complex. Gone are the years of simplicity in business operations. Exponential growth and change in risk, regulations, globalization, distributed operations, processes, competitive velocity, business relationships, disruptive technology, technology, and business data encumbers organizations of all sizes. Keeping complexity and change in sync is a significant challenge for boards ...
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Article
Effective Policy Enforcement Involves Technology
I find that ineffective and unenforced policies are rampant within organizations, and are a thorn in the side of compliance and policy managers.Mismanagement of policy has grown exponentially with the proliferation of documents, collaboration software, file shares, and Websites. Organizations end up with policies scattered on dozens of sites with ...
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