Instead of Organizing for Risk, Control and Compliance Management, Use Business Process Management as the Basis
OVERVIEW The webinar begins with an analysis of the shortcomings of an organizational – a functional – approach in dealing with governance, risk management and compliance , and presents how these shortcomings can be overcome by using a business process management approach. Then, three questions about using a business process approach are identified, and answered. In answering these three questions, each of the answers is provided with a tool, enabling the answers as well as the business process, design, monitoring and maintenance. The result is embedding, and integrating, compliance, control and risk management into operations, at greater effectiveness and efficiency. Some examples of this approach are provided, from organizations that have successfully applied it. In sum, this is an integrated approach incorporating compliance, risk and control management; and it is a business-oriented approach, oriented to the management team, and showing the value that compliance risk ma...