August 12, 2022 9:31 am
BarnOwl Info Sharing session: 28 July 2022 Influencing Business Strategy – Alignment Between Performance Management and Risk Management Presented by: Deon van der Westhuizen Introduction Thank you very much Deon for your most informative presentation at our info-sharing event held on 28 July 2022. Thank you too, to all those who attended the session. I’m sure Deon’s opening statement with reference to some of his engagements resonated with many of us in the audience: “Senior management understand that risk management is important, but they just don’t buy into it. There’s no commitment from the top, and the end result is... Read more
August 20, 2021 1:09 pm
BarnOwl Info Sharing session: 29 July 2021 The evolving role of the CRO to Power Business Performance Presented by: Mark Victor, Partner – Deloitte Risk Advisory Africa, Christopher Palm, Chief Risk Advisor – Institute of Risk Management South Africa (IRMSA) Facilitated by: Jonathan Crisp, Director – BarnOwl Introduction The pandemic has heightened the importance of proactive risk management in the first line, and executives have challenged the current mandate and functioning of risk functions to proactively drive risk management processes and activities that ensure risk powers business performance, beyond compliance. This is evident through increased risk uncertainty, the need for... Read more
February 16, 2021 8:12 pm
Why are SA businesses not realising ROI from their GRC initiatives? In order for an organisation to realise a ROI on GRC, the GRC process must add value by being a business enabler, providing up to date meaningful business intelligence (facilitating business decision making) as well as drive a culture of continuous monitoring and improvement. Failing this, GRC becomes a compliance tick box exercise with no real buy in from the top which in turn means no buy-in at the lower levels of the organisation. Some of the reasons why SA businesses are not realising ROI from their GRC initiatives... Read more
