The human factor remains the greatest source of risk in any organization. Companies that fail to align their Governance, Risk, and Compliance (GRC) strategy with employee training are exposing themselves unnecessarily to risk management issues, compliance penalties, and reputational damage. Below we look at three companies that strengthened their corporate compliance and risk management strategy by engaging employees in workplace ethics, eLearning solutions, and compliance ...
DOWNLOAD HERE Download the eBook to learn: A review of GRC trends for 2024, alongside a retrospective analysis of last year’s predictions. Potential challenges facing risk managers, from geopolitical tensions to technological shifts in 2025. The role of AI, both narrow and generative, separating the hype from genuine use cases for risk and compliance. Key regulatory changes and future deadlines to keep an eye on ...
Transformative Solutions for Managing Risk, Ensuring Compliance, and Enhancing Corporate Governance What does 2025 have in store for risk managers? Have an exclusive look into the evolving Governance, Risk and Compliance (GRC) landscape and unravel the key events that have shaped 2024 and what may lie ahead in the coming months. As global business risks evolve, so must strategies to manage them. The past year ...
In the Governance, Risk, and Compliance (GRC) industry, ethical corporate gift-giving is crucial to uphold integrity and adhere to global anti-corruption laws. Employees must navigate complex regulatory frameworks and cultural nuances to ensure their actions align with both local customs and international legal standards. A Snapshot of a Few Global Laws Governing Gift-Giving: France SAPIN II Law: A comprehensive anti-corruption framework aimed at increasing corporate ...
What is greenwashing? Greenwashing occurs when companies mislead consumers or investors about their environmental impact, presenting themselves as more eco-friendly than they truly are. For example, the company may be engaging in greenwashing if a product’s packaging uses unregulated terms like "clean" and "eco-friendly"—words that imply sustainability without actual certification. This practice poses significant risks, especially as Environmental, Social, and Governance (ESG) becomes a priority ...
Corporate gift-giving can spark compliance challenges if not done ethically. Corporate policies must consider variables, such as: What kind of gift? What is its value? What are the cultural expectations around this gift? What is the context in which the gift is exchanged? Can this gift be considered a bribe? Has it been gifted to carry a weight of expectation? Or is it merely ...
COVID-19's ongoing aftermath has left many organizations facing severe corporate compliance staffing shortages. As competition for skilled professionals heats up, companies are finding it harder to fill key regulatory compliance officer positions. With limited resources, maintaining risk management compliance programs and avoiding regulatory compliance risks and compliance violations has become a major challenge. Why are Compliance Staffing Shortages Happening? Several factors are fueling the shortage ...
For ethics, Governance, Risk, and Compliance (GRC) training professionals, understanding the difference of SCORM vs AICC is essential. Below, we highlight some key comparisons between the two eLearning content standards so you can better inform yourself and educate your greater organization on the benefits and disadvantages of both. What's the difference in SCORM vs AICC? SCORM is the dominant eLearning standard where AICC tends ...
Transformative Solutions for Managing Risk, Ensuring Compliance, and Enhancing Corporate Governance What does 2025 have in store for risk managers? Look into the evolving GRC landscape as we unravel the key events that have shaped 2024 and what may lie ahead in the coming year.
What happens when the vendors and contractors you rely on every day become your biggest compliance risk? For many companies, third-party partners are essential to business growth. However, using third-party vendors can also pose a threat to business continuity and increase your organization’s risk of reputational damage. Three in four organizations, reports KPMG, experienced at least one significant business disruption caused by a third party within ...
