Governance, Risk Management, and Compliance: It Can't Happen to Us--Avoiding Corporate Disaster While Driving Success
While facing various circumstances in different industries, many once-great organizations have watched their fortunes sink, while others ride the wave of economic turbulence to grow and reap the rewards of success.Governance, Risk Management, and Complianceexamines this trend, with a realistic look at what separates the organizations that effectively achieve their goals—regardless of the circumstances—from the ones that wonder, "How did this happen to us?"Renowned corporate governance and risk management expert Richard Steinberg—advisor to major multinationals' boards and CEOs and author ofCorporate Governance and the Board—What Works Best, as well as principal author of COSO's internal control and ERM frameworks—helps you better understand the factors that make up the critical infrastructure that drives every organization. Here, you'll discover what must go right to prevent catastrophes and seize opportunities for continued success.Steinberg provides authoritative insight into the essential collaboration necessary between senior managers and members of the board of directors, with timely discussion of:Critical factors for making compliance, ethics, and risk management processes truly effectiveHow CEOs and senior management teams cultivate a culture and leadership process to support and drive performanceHow boards of high-achieving companies oversee corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communicationsThe pitfalls that managers and boards need to avoidThe future of corporate governance and what's needed for continued effectivenessWith clear guidance on aligning processes, organization, and technology so your company achieves its strategic goals,Governance, Risk Management, and Complianceexplains how to protect your company from financial and reputational risk, litigation, and government intervention and avoid the kinds of disasters that can befall any organization.