Section 5

Leading for the Future

MoreHide Arrow Down Icon Icon of solid caret pointing downwards.

Sit at the Center of Reshaping Business

Explore how visionary compliance professionals innovate business practices to ensure their compliance programs and organizations keep pace with ever-evolving business trends.

 

MoreHide Arrow Down Icon Icon of solid caret pointing downwards.

The most effective compliance professionals are ahead of the curve when it comes to understanding the industry and getting in front of organizational and regulatory changes. Along with being skilled forecasters and diligent program orchestrators, compliance leaders know that the future of compliance is culture. Forward thinking organizations strive to build a culture where all employees know that doing the right thing is expected, understand the standards that apply to them and are confident their management is committed to operating with integrity.

This section will highlight the importance of your corporate culture and the best practices that will help ensure your organization’s culture is aligned with your compliance program’s and organization’s goals. It will also provide insight into the direction the world of compliance is headed and how we can continue to be as prepared as possible to lead our organizations effectively into the brave new world of compliance. 

3 Talking Points to Identify and Communicate the Good and Bad of Your GRC Program

Learn how to have the most productive conversations with the CEO and board while addressing the risk management process that keeps you up at night. 

Matt Kelly, CEO of Radical Compliance 02/15/2017
Download

Learn how to have the most productive conversations with the CEO and board while addressing the risk management process that keeps you up at night. 

Risk assurance executives—whether they work in compliance, internal audit, risk management, IT security, or any other related function—ultimately worry about three things as they do their jobs.

  • Is everything functioning normally?
  • Do I understand how to address anything not functioning normally?
  • Am I working effectively with everyone else in the organization who helps fulfill my goals?

Those three questions, for example, invoke all five elements of the COSO internal control framework: risk assessment, the control environment, and monitoring (the first question); control activities (the second question); and communication (the third question). Those questions seek to understand what is normal and abnormal, and whether you can respond to events properly as the need arises. In one way or another, we all ask ourselves these questions every day.