1 / 10

Mark Stanley

Mark Stanley. Governance, Assurance and Convergence. Two main reasons for Assurance have emerged Reputation Risk Public Perception Risk

gaston
Download Presentation

Mark Stanley

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mark Stanley Governance, Assurance and Convergence

  2. Two main reasons for Assurance have emerged Reputation Risk Public Perception Risk Whilst the legislators and regulators are increasing the pain levels from their bite, the newfound stakeholder communities are voting with their feet and their investment dollars. Exposure is now the management mantra Systems that converge, sustain and protect are now needed The less converged the systems, the bigger the risk to reputation and perception. What will the press statement look like? How effective will be our defenses? The current state

  3. We have always been required to validate and protect, nothing new Technology has got better allowing a lot more to be done with less, new mantra from IT and management Everyone has the latest, greatest systems, investment has been huge Why are the challenges getting bigger? Reality has not changed

  4. Accountability Responsibility Legislation / Regulator approach Ignorance is no excuse The lead story strategies of the press The public perception of what is happening A baseline needs to be established, reconciled, managed and embedded into culture You cant be good on the balance of your activities We are only as strong as our weakest link The law is now being enforced with rigor What has changed?

  5. Converge, Sustain and Protect Business Activity Management Control Organisational Assurance CONVERGE SUSTAIN PROTECT Workplace Hazard Management Organisation Definition Compliance/Governance Management OH&S Management Issue & Action Management Audit Management Training & Competency Management Risk Management Data Monitoring Sarbanes-Oxley Management Legislation Impact & Commentary Process/Document Management Business Rules & Reporting Enterprise Strength - Intranet Based Business Assurance Software

  6. Standards must comprise the baseline

  7. What comprises a Risk - Compliance System ? Processes Issue Mgt Compliance Competency OHS The Law Hazard Mgt Audit Finance Converged Risk Impact Mgmt Mobilisation and Engagement Sustainability / Accuracy / Currency

  8. Trade Practices Environment OHS L I V E W I R E FSR Basel Clerp 9 AML EFT CCH Converged Reference Point IQMS Mobilisation and Engagement CCH Sustainability / Accuracy / Currency IQMS

  9. Business Activity Management Control Organisational Assurance CONVERGE SUSTAIN PROTECT

More Related