'; foreach($rss->items as $item) { if($count < 1) { $href = $item['link']; $title = $item['title']; $summary = $item['summary']; echo ''. trim(str_replace("MKRasmussen:", "", $title)) .''; $count++; } } ?>
Risk Management Workshops
8 CPEs/CEUs*
Organizations Struggle to Manage Compliance Risk . . .
There are a variety of risks the Titanic faced – overconfidence, poorly manufactured rivets, focus on speed while ignoring the external risk environment, inadequate design, and lack of someone diligently watching for icebergs. Organizations are in the same ‘boat’ today. The Titanic is a case study in risk management.
Unfortunately, many organizations are in the same state – they do not see a complete picture of the risks they face and therefore are ignorant of the significance of the number of compliance, legal, and operational risks they face. And when things go wrong there are not enough lifeboats . . .
Organizations continue to manage compliance risk in an ad hoc manner across distributed business units and processes that maintain compliance and risk data in a breadth of spreadsheets. Compliance risk processes (if deployed) are typically fragmented, inconsistent, and provide more of a burden than a benefit to the business and corporate compliance department. Individual compliance areas focus on their own view of risk and not the aggregate picture of risk, failing to recognize substantial and preventable losses.
Developing a Compliance Risk Assessment & Management Process . . .
Increasing demands to manage compliance risk requires an effective framework, process, strategy, and supporting technology to support a system of record to manage compliance risk in a systematic way – whether in a specific busines function/process or across the entire business.
Workshop Objectives . . .
Attendees of the Managing Compliance Risk Across the Business and its Relationships workshop will specifically learn:
- Alignment of compliance risk in the context of business.
- Managing compliance risk across 3rd party/extended business/supply-chain relationships
- Risk intelligent decision-making.
- Establishment of compliance risk culture and policy.
- Compliance risk monitoring and metrics.
- Communication of business relevant compliance risk information.
- Defining ownership of compliance risk within the business.
- Multi-perspective compliance risk analysis.
- Effective compliance risk treatment in context of business objectives.
- Governance of compliance risk within the business.
- Consistent ranking and measurement of compliance risk.
Workshop Agenda . . .
7:30 to 8:30
- Breakfast and Introductions
8:30 - 10:15
- Defining compliance risk and risk management
- Review of frameworks and standards for compliance risk management
- Roles & responsibilities in compliance risk management
10:30 - 12:00
- Developing a standardized compliance risk assessment
- Compliance risk process management
- Exploring compliance risk management best practices
12:00 - 1:00
- Networking Lunch (Sponsor Presentation)
- Case Study Presentation
1:00 - 3:00
- Managing compliance risk across extended business relationships
- Technology enablement of compliance risk management
- Compliance risk & regulatory intelligence
3:15 - 5:00
- Effective communication & measurement of compliance risk
- Compliance risk monitoring & metrics
- Compliance risk visualization & reporting
About Your Instructor. . .
Michael Rasmussen, J.D. is the authority in understanding Governance, Risk, and Compliance (GRC). He is a sought-after keynote speaker, author, and collaborator on GRC issues around the world.
With more than 17 years of experience, Michael’s objective is to assist organizations in defining GRC processes that are sustainable, consistent, efficient, and transparent. He has contributed to US Congressional reports and committees, and has served on the Red Book Steering Committee and currently serves on the OCEG Leadershsip Council. Michael has been quoted extensively in the press.
In June 2007, Treasury & Risk recognized Michael as one of the 100 most influential people in finance with specific accolades noting his work in “Governance and Compliance: Saving the Planet and the Corporation.” Most recently, in October 2008, he was recognized as a “Rising Star in Rocky Times: Corporate America’s Outstanding Executives Under the Age of 40.”
* CPE/CLE Qualification: State boards of accountancy and other governing institutions have final authority on the acceptance of individual courses for CPE credit. Please check with the various rules and regulations for your certification to determine whether our seminars and material would qualify as Continuing Professional Education for your certification(s).