good governance is made possible by ERM

What Is Good Governance, and Why Do We Care?

Governance is defined by the organizational processes used to make and implement decisions. Good governance is not necessarily making only the “correct” decisions. It’s using the best possible risk management process to inform decision-making, which has the potential to impact employees, customers, other stakeholders, and the community at large. Optimizing organizational governance is not just recommended,…

good governance is made possible by ERM

Ignorance Is No Longer an Excuse for Poor Board Oversight

Gerry Grimstone, keynote speaker at the IIA’s recent conference in London, has a message for senior executives. “You can’t easily blame a board member for not knowing something,” Grimstone said. “But you can blame a board member for creating a culture where he doesn’t know something.” Grimstone spoke at length about the latest example of…