Governance needs to focus on effectiveness-to ensure business doing the right things, and many times, management is about doing things right.
Here's the context; how should GRC programs be approached? Should technology be a driver? Can you achieve any level of GRC without automation? Can you achieve any level of GRC without people? What is the real driver of GRC? And how to reinvent GRC to get digital ready?
Explore People Dimensions of GRC at the Boardroom The characteristics of digital business are interdependent, dynamic, volatile, uncertain, hypercompetitive, and people-centric. It requires interdisciplinary management practices and high-level GRC maturity. At the Board level, it requires a strategic and forward-looking perspective, to deal in “VUCA” new normal, “think the unthinkable,” "see invisible," "listen to not being said," “ask the unpalatable question,” and explore the people dimension of GRC to accelerate business performance and maturity.
Three Insights of Governance Governance, per se, as a concept goes back 2500 years, deriving from Greek naval terminology, kubernesis or kuberneo, and referred to the act of piloting a ship - both providing direction to accomplish the ship’s purpose and its protection (risk avoidance) in that process. Plato used the term in a metaphorical sense—to lead or rule strategically. Wikipedia is pretty close in saying: … “ governance aim(s) to assure (sometimes on behalf of others) that an organization produces a worthwhile pattern of good results while avoiding an undesirable pattern of bad circumstances. Perhaps the moral and natural purpose of governance consists of assuring, on behalf of those governed, a worthy pattern of good while avoiding an undesirable pattern of bad.”
Five Practices in Digitizing Corporate Governance Theoretically, almost everything in an organization should have both management and governance components, as governance needs to focus on effectiveness-to ensure business doing the right things, and many times, management is about doing things right. However, in today’s business dynamic, does governance always need to add a heavy layer of control and enforcement which causes discomfort or even bureaucracy? Shall you think of a more innovative way to do governance?
Digitizing Boardroom: Three Perspectives of Innovation Oversight and Governance Every organization is different, every innovation initiative is also unique, there’s no one size fitting all innovation practice, that makes innovation still serendipitous for many organizations. Therefore, innovation governance is an important perspective to improve the innovation management success rate. Innovation needs a level of guidance, it has to deliver business objectives, it needs the right kind of governance to thrive. Innovation governance is to advocate, steer, and sustain innovation with the following perspectives.
The “Future of CIO” Blog has reached 3 million page views with about 6900+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify your voice, deepen your digital footprints, and match your way for human progression.
GRC Reinvention
Adopting a Social-Technical-Ecological Perspective of Governance Models The business environment becomes hyper-connected, over-complex, uncertain, and ambiguous, digital organizations are emergent at the age of information abundance. When focusing on governance, the organizations may need to consider business architecture in managing a social-technical-ecological business view, and adopt the governance models to embrace such multidimensional perspectives.
Explore People Dimensions of GRC at the Boardroom The characteristics of digital business are interdependent, dynamic, volatile, uncertain, hypercompetitive, and people-centric. It requires interdisciplinary management practices and high-level GRC maturity. At the Board level, it requires a strategic and forward-looking perspective, to deal in “VUCA” new normal, “think the unthinkable,” "see invisible," "listen to not being said," “ask the unpalatable question,” and explore the people dimension of GRC to accelerate business performance and maturity.
Three Insights of Governance Governance, per se, as a concept goes back 2500 years, deriving from Greek naval terminology, kubernesis or kuberneo, and referred to the act of piloting a ship - both providing direction to accomplish the ship’s purpose and its protection (risk avoidance) in that process. Plato used the term in a metaphorical sense—to lead or rule strategically. Wikipedia is pretty close in saying: … “ governance aim(s) to assure (sometimes on behalf of others) that an organization produces a worthwhile pattern of good results while avoiding an undesirable pattern of bad circumstances. Perhaps the moral and natural purpose of governance consists of assuring, on behalf of those governed, a worthy pattern of good while avoiding an undesirable pattern of bad.”
Five Practices in Digitizing Corporate Governance Theoretically, almost everything in an organization should have both management and governance components, as governance needs to focus on effectiveness-to ensure business doing the right things, and many times, management is about doing things right. However, in today’s business dynamic, does governance always need to add a heavy layer of control and enforcement which causes discomfort or even bureaucracy? Shall you think of a more innovative way to do governance?
Digitizing Boardroom: Three Perspectives of Innovation Oversight and Governance Every organization is different, every innovation initiative is also unique, there’s no one size fitting all innovation practice, that makes innovation still serendipitous for many organizations. Therefore, innovation governance is an important perspective to improve the innovation management success rate. Innovation needs a level of guidance, it has to deliver business objectives, it needs the right kind of governance to thrive. Innovation governance is to advocate, steer, and sustain innovation with the following perspectives.
The “Future of CIO” Blog has reached 3 million page views with about 6900+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify your voice, deepen your digital footprints, and match your way for human progression.
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