The flavor of GRC practices depends on the nature of the business and the level of the organizational maturity.
Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals. The important characteristics of digitalization are over-complexity, uncertainty, and ambiguity.
Hence, RI (risk intelligence) becomes more critical than ever. 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? Modern corporate boards play significant roles in guiding businesses in the right direction and achieve expected business results. Here are the multiple perspectives of shaping a strategic boardroom with digital acumen.
Initiatives of Global GRC
Initiateglobalinnovationgovernance Our global world is forced to "grow out" of an old paradigm because of constant changes with frequent disruptions in reality. Peoples across the boundaries should refine their knowledge into more unified insight; develop global cognition by learning, experimenting better ways to do things. They not just adapt to a dynamic global environment, but to influence progressive changes constantly. Global leaders articulate strategic visions, navigate directions, set criteria and standards for shaping an advanced global society.
Initiativesofgovernance The world has become much more complex and smaller all at once due to blurred territories, virtual interactions, intriguing business reality, and global professional mobility. Governance is complex because the management discipline and GRC practices are more interdependent than ever.
Initiateinnovationgovernance The digital era upon us is about innovation, choice and people. Innovation is high-risky because more often you are doing something that hasn't been done before. Governance is critical for meaningful innovation as it provides monitoring and enforcement mechanisms to corporate management.
Innovateglobalboard The world has become hyper-connected and interdependent, there are many common management practices in building a multinational organization. However, there are still very few truly global companies or empathetic global leaders or boards. From the corporate governance perspective, What’s the digital theme to build and run a global board?
Initiategrcinsight In dealing with unprecedented uncertainty and complex business dynamics, corporate governance will remain a difficult issue for today’s organizations with extended business boundaries in an increasingly flat world. It is a sophisticated process that if well executed, will lead to decision coherence and performance consistency; allowing not only to protect the existing business value but also to create new value for varying shareholders of the organization.
The “Future of CIO” Blog has reached 10 million page views with 10700+ blog postings 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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The "Digital Boardroom: 100 Q&As" Introduction
The "Digital Boardroom: 100 Q&As" Chapter 1 Introduction: The Digital Board's Composition Inquiries
The "Digital Boardroom: 100 Q&As" Chapter II Introduction: The Digital Board's Digital Inquiries
The "Digital Boardroom: 100 Q&As": Chapter III Introduction: The Digital Board's Strategy Inquiries
The "Digital Boardroom: 100 Q&As" Chapter IV Introduction: The Digital Board's IT Inquiries
The "Digital Boardroom: 100 Q&As" Chapter V Introduction: The Digital Board's Leadership Inquiries
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