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board of directors Archives - Conselium Compliance Search

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Compliance
October 25, 2017

5 Ways Boards Must Improve Compliance Oversight

Compliance is evolving, and board members may now be unsure of their related responsibilities. Board members are more and more reliant on the data obtained from information systems to make their decisions. How can they use this information, and what are the traps they need to avoid?
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Compliance
October 23, 2017

The Board’s Overlooked Role in Compliance

It’s long been said that an effective compliance program can’t exist without a strong culture of ethics and compliance. Also critical is tone from the top, without which there’s no clear directive for the organization and employees on the importance of compliance. The board of directors plays a critical role…
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Leadership and career
October 3, 2017

Risk Management: Avoiding Blind Spots

Though virtually every involved party was at fault to some degree, bias on multiple fronts was largely the cause of the 2008 financial crisis. Given that bias in risk management can result in a disastrous event such as this one, protecting against biases is critical. Jim DeLoach presents several strategies…
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Compliance
October 2, 2017

5 Ways to Elevate the Board’s Oversight of Compliance

Does your organization view compliance as a “check the box” exercise? Many companies do. Chuck Saia, CEO of Deloitte Risk and Financial Advisory, feels differently and shares five ways a board can start broadening its view – and management’s view – of compliance to include issues of culture.
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Leadership and career
August 8, 2017

10 Keys for Executives to Manage Reputation Risk

When a good reputation is difficult to build and easy as pie to destroy, it's a business imperative to manage the company's reputation carefully. Jim DeLoach outlines five critical areas leadership must pay close attention to, and 10 factors total that can be critical in managing reputation risk. With today’s…
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Compliance
May 31, 2017

Who’s Still Worried About Personal Liability?

Compliance Officers, Not as Much. Board Members, More than Ever. So here’s something to chew on today: apparently compliance officers are less worried about personal liability these days (according to a study released Monday), but Board members surveyed say they are more worried about personal liability than they were last year. The survey, DLA Piper’s…
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Leadership and career
May 19, 2017

Boards and Cybersecurity: The Price of Convenience

Did you know there’s a glaring gap between board members’ diligence regarding cybersecurity – and board members’ understanding of cybersecurity? Admittedly, cyber issues are kind of a "new" thing. And board agendas are jam-packed these days. So if members lack knowledge or an appreciation of the complexity of cyber risk management, we…
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