Evolving Expectations of Board Members: Why and what do you need to know?
In an increasingly difficult environment, the emphasis has been growing, in recent years, on having Boards that are more competent and professional. Indeed, the tasks of Board members are becoming more diverse, necessitating that the members themselves demonstrate competency at several levels, in several areas of corporate expertise. It’s not
What is Enterprise Governance, and what can it do for an organisation?
What is Enterprise Governance (EG), and what can it do for an organisation? At first glance, EG looks a lot like Corporate Governance, but there are differences. It comes under the purview of the Board, and is primarily concerned with managing the organisation’s risks and resources. A study by the
What constitutes a crisis, and when is crisis communication called for?
What constitutes a crisis, and when is crisis communication called for? Any incident can potentially escalate into a crisis – ranging from natural disasters to product recalls, terrorism, or even saying something inappropriate, albeit in jest, that becomes a full-blown PR crisis! Because businesses never know when they will have
Enterprise Risk Management: Useful tips for auditing success
Should internal auditors learn about Enterprise Risk Management? There is a definite connection between internal audit and ERM, especially as an auditor provides assurance to the Board that processes are in place and working to the prescribed standards. This includes analysing and reviewing the organisation’s processes and procedures, and identifying
