Showing posts with label GRC. Show all posts
Showing posts with label GRC. Show all posts

Friday, 5 March 2010

Beating 'initiative fatigue'

Recent discussions with SVPs from a range of sectors have highlighted concerns around culture change inertia and the barriers this creates to embedding an ERM/GRC approach into organizational DNA. 'Initiative fatigue' at business unit level means new corporate programmes often fail to get traction - and when the terms 'risk', 'ERM' or 'GRC' are used the problem is magnified.

An approach I would propose is to incorporate these initiatives under the banner of improving business performance. Not only does this recognize their importance but reduces the reliance on terminology which often confuses. It also shows the link to improving the quality and visibility of information - which can only lead to better decision making and an increased chance of delivering the business plan.