risk management

GRC Tuesdays: Dead Rats in Risk Management: The Myth of Complexity

Recent research commissioned and published by SAP (Managing risk in an age of complexity) reveals a startling conclusion that seems to reinforce the notion that complexity is a problem for GRC professionals. “GRC is characterised by increased complexity. This, alongside pressures from the business to prove effectiveness, is creating significant challenges for GRC professionals.”

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GRC Tuesdays: ORM vs ERM, the Battle that Should Not Have Started

I recently had dinner with friends who all work in the environmental, health and safety (EH&S) area and we’ve all reached the same conclusion. Instead of breaking-down risk management silos, many companies going up the risk maturity curve build new walls. This seems to originate from a battle that, to my mind, has no real (more…)

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GRC Tuesdays: GRC 2015 – One Week On!

Last week, SAPinsider held its GRC 2015 event in Nice, France and it was energising and fast paced! For those who couldn’t attend, I thought I’d share with you some of the great discussions I had with customers and also one of the announcements made that should be of interest to SAP’s GRC community.

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GRC Tuesdays: What’s a Predictive Indicator?

For those of you who have been following these blogs, you know that I’m going to address the specific topic of key risk indicators (KRI). As briefly mentioned in a previous blog (GRC Tuesdays – Key Risk Indicators in a Sound Risk Management Process: What Are They Really?), key risk indicators are supposedly forward looking (more…)

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GRC Tuesdays: The Three Lines of Defence Model: Collaboration Not Segregation

The Three Lines of Defence model has become popular in recent years. It began with the Guidance on the 8th EU Company Law Directive published by the Federation of European Risk Management Associations (FERMA). It now has many versions. I’ve seen Four Lines of Defence and more.

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