Enterprise Risk Management (“ERM”) as a movement has been around for more than a decade. Unfortunately, a 2010 COSO survey disclosed that only limited progress has been made convincing senior management and boards that ERM is key to maximizing and safeguarding long term enterprise value, allocating expensive human and financial resources, or managing major risks […]
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Best GRC Practices
James McRitchie, 08/06/2010 ,
GRC — Governance, risk, and compliance — represent a critical business concept that is (or should be) on the minds of everyone responsible for leading and/or governing organizations in today’s complex business arena, according to the lead article in the most recent edition of Tone at the Top, published by the Institute of Internal Auditors. […]