As in previous years, we recently brought together industry thought leaders to get their insight on what to expect in the year ahead for governance, risk, and compliance (GRC). Scott Cogan, senior vice president at SAI360, Bill Pennington, vice president of research of risk at Verdantix, Vicki Wright, regional director APAC at SAI360, and Nathan Parker a GRC Researcher came together for the GRC: Key ...
International Human Rights Day this December provides a pivotal moment for companies to address a critical global issue: sexual harassment in the workplace. A Snapshot of Sexual Harassment's Impact on Diverse Populations How prevalent is sexual harassment in the workplace, and for whom? Fourteen percent of men versus over one in three women have reported a workplace incident of sexual harassment. Men, however, are reportedly less likely to report workplace sexual harassment incidents ...
Risk management is a critical responsibility for board directors. This is especially true given the complexities of economic volatility, stringent regulatory environments, and heightened public scrutiny. Alongside these traditional risk factors, board directors are increasingly required to consider environmental, social, and governance (ESG) aspects in their decision-making processes, as highlighted by emerging regulations like the Corporate Sustainability Reporting Directive (CSRD). As just one example of many, the CSRD ...
In the intricate world of medical compliance—particularly within sectors like pharmaceuticals and medical devices—receiving gifts or incentives raises significant ethical and regulatory questions. This delicate balance often resembles a tightrope between maintaining healthy business relationships and adhering to stringent compliance standards. Here lies the crux of conflicts of interest (COI) in open payments. Open payments are a form of financial transaction where exchanging money, ...
In today's complex business environment, regulatory compliance is more than just a box to tick. It's a critical, strategic organization imperative that can define business reputation and long-term success. Adhering to regulations is vital for a company's success and reputation. Using technology solutions helps companies stay safe and remain competitive by being able to track rules, make clear policies, and have proof of compliance. ...
As we approach the season of gift-giving, it is a good time to address the importance of Ethics & Compliance (E&C) Learning, with a lens on conflicts of interest (COI). For companies aiming to nurture a culture of transparency and integrity, understanding COI, especially in gift-giving scenarios, is critical. Exchanging presents with clients or suppliers, accepting tokens of appreciation from stakeholders, and so on all ...
Governance, Risk, and Compliance (GRC) privacy challenges carry immense weight in our interconnected world, especially as organizations strive to protect personal and business data. (Consider how, for instance, even a car’s license plate can now become personally identifiable information.) Organizations spend a significant amount of time and effort solving ongoing challenges to safeguarding the privacy of individuals and businesses. Below we highlight a few key ...
Risk management is not just about managing potential threats. It’s about identifying and seizing new opportunities. This approach requires a dynamic and well-informed strategy that both aligns with an organization’s ever-changing goals and the pace of an ever-evolving market where the only thing constant is rapid change. To dive deeper into this topic, SAI360’s webinar—Risk Management Tips to Help Your Organization Succeed—featuring Scott Cogan, SAI360’s ...
Diversity, Equity, and Inclusion (DEI) strategies represent a critical organizational opportunity to create a more inclusive and equitable workplace. As businesses worldwide grapple with DEI-related challenges, it remains essential to understand broader industry trends and how companies can strategize appropriately. A Global Perspective on DEI Strategies DEI strategies are not one-size-fits-all. Getting it right means adapting to the cultural, legal, and societal nuances of each ...
"Learning in the flow of work" is essential for contemporary workplace training. Many employees often perceive traditional training as mere information overload. Yet, the hallmark of effective training is when employees feel deeply connected to the content, leading to better understanding, retention, and practical application in their subsequent tasks. Such training is undeniably invaluable. The increased relevance of learning in the flow of work is ...
