The ABCD...Z of why you must attend the 10th annual European GRC Summit
in London on the 28th and 29th September 2016 www.grcassembly.com
The 10th annual European GRC Summit will provide guidance
on the right amount of due diligence on the GRC components to prevent or
limit future corporate calamities. Each conference aims to avoid further
distrust in the business and financial markets.
Most global companies have now established
good governance, risk management, compliance and IT security (GRC) policies
and procedures for several years. However, the continued lack of growth
in the aftermath of the global financial and credit crisis, demands an
update, or a 'second/third wave' of the GRC intelligence based on the
new global structures. The right way to implement the update(s) is based
on the GRC3 process based on the GRC components of Ethics and Integrity;
- Activate in a stakeholder and customer focused approach to GRC issues
- Build sustainable conduct metrics with a dynamic framework
- Consistency and discipline in monitoring and addressing bad behaviour
in global operations
- Define the actual global and overall GRC conduct and what it should
be for the business
- Embed GRC metrics in processes that build transparency, responsibility
and oversight
- Form a coherent approach to managing conduct enterprise risk management
on a global level
- Guarantee that all 3rd parties are accountable for good compliance
and conduct
- Healthy and embedded structure is the key to the success of an ethical
code-of-conduct
- Important to articulate the GRC progress as well as the direction
of the GRC journey
- Journey starts by evidencing the GRC monitoring, reporting and communicating
conduct risk
- KPI's can raise ethics and culture so that good practice becomes
the norm
- Lift staff to act in the long-term interests of your organisation
by treating your consumers fairly to achieve better customer loyalty
- Measure monitor and report the qualitative and quantitative elements
of GRC behaviour
- Narrow the GRC training to enable staff to make the right GRC choice
from product development to enhancing revenues and values
- Outline the GRC objectives that are the key to success of the stakeholders
and business
- Promote good behaviour and provide incentives so that the proactive
managers can make appropriate cultural changes
- Quality is the key to all change management and monitoring of cultural
behaviour that drives positive GRC outcomes
- Responsibility of each firm to determine what good behavior means
in the context of their own business and is, therefore, vital to get
right. There is one-size-fits-all, and conduct risk will not stay
static, so defining is key.
- Safeguard that your corporate governance sets a clear tone from
the top setting out core values and expectations
- The GRC culture of any organisation drives the actions of management
and staff.
- Use and maintain high GRC standards, keep the staff motivated and
engaged for outcomes delivered to all customers and stakeholders.
- VW is a case where monitoring and GRC response was not embedded
across all operations and levels
- Working towards GRC superiority to secure a consistent approach
to code-of-conduct and best practices.
- Xenoculture to encourage staff diversity and equality to act with
integrity obtaining good overall practices
- Yield for valuable GRC projections for both stakeholders and regulators
for monitoring and reporting processes
- Zero tolerance on Bribery, Fraud and Corruption to achieve strong
GRC consistency at all levels of the organisation
