Sonia Jaspal
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  • Bangalore
  • India
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Sonia Jaspal's Discussions

India Risk Community

Started this discussion. Last reply by Sonia Jaspal Oct 27, 2010. 4 Replies

Dear all, We have created a new India Risk Community group. The purpose is two fold. 1) The first is to get the Indian risk managers discussing India specific issues. India has many laws and…Continue

 

Sonia Jaspal's Page

Profile Information

Tell us more about who you are, what you do and where you want to be. What are your main business challenges? (Tip: provide your current Job Title, Industry, company or/and paste your Linkedin profile here). Use as many relevant keywords as possible. Tell us what you can offer the community. What sorts of discussions, events, and activities you can participate in.
Indian organizations are appearing on the global map. However, there is insufficient focus on risk management and corporate governance. Organizations need to gear up to mitigate risks else they will go up in flames.

My Blog

Hi!

I write a blog on risk management and corporate governancenamed Sonia Jaspal's RiskBoard at http://www.soniajaspal.wordpress.com. Please do visit and share your opinion regarding the posts.

Kind regards,

Sonia

Sonia Jaspal's Blog

Preparing Annual Risk Management Strategy

Posted on October 21, 2010 at 1:22pm 2 Comments

Organizations would be focusing on preparing the risk management strategy and plan for 2011 as it is the last quarter of the year. Normally, Chief Audit Executives, Chief Risk Officers, Head of Internal Audit, Chief Information Security Officers, Head of Compliance, Head of Ethics and Head of Fraud Risks are very busy in the last quarter finishing off the year-end targets, objectives and key performance indicators. The next year strategy is developed from the previous year reports,… Continue

Whistleblowing- The Psychological Paradox

Posted on October 2, 2010 at 1:06pm 3 Comments

I read the recent news that Mahindra Satyam (previously known as Satyam Computers) declared its financial results after two years of working at the previous fraudulent statements and restating the same. You might recall, the fraud was alleged to be perpetuated by the previous owner Ramlinga Raju the then Chairman of the organization for an amount of Rs 7000 crore (Rs 70,000…

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Brand Building of Risk Management Department

Posted on September 24, 2010 at 8:22am 2 Comments

"Your brand is created out of customer contact and the experience your customers have of you" - Stelios Haji-Ioannou, Chairman, EasyGroup

The risk management departments are sometimes perceived in negative light due to their role in the organization. The business operation teams view the risk management departments as office police, watch dogs, critics and messengers of bad news. The basic job function of the risk management departments is to:

  1. Conduct…
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Comment Wall (9 comments)

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At 8:28pm on May 21, 2012, Attila Erdelyi said…

My pleasure, Sonia! Cheers. Attila

At 8:39am on July 15, 2011, Subramanian Sankaranarayanan said…

Hi, Sonia. I have shifted my residence to Bangalore to stay with my journalist daughter this week. My mobile no: +919841057857

Can you sms your no..?

Good luck and best wishes

Prof.S.Subramanian

At 2:10pm on November 10, 2010, Subramanian Sankaranarayanan gave Sonia Jaspal a gift
Gift
Hi, Soonia...Hearty Greets. This's great news too Goodluck with very best regards and love prof.S.Subramanian@63 Chairman, ACMFI www.acmfi.org +91 9841057857
At 10:38am on October 25, 2010, Raj K Rawat gave Sonia Jaspal a gift
At 2:29pm on October 23, 2010, Virendar Koul said…
I am new to this portal. May be you could lead me through the Introduction session. Thank you.
At 11:01am on October 23, 2010, Virendar Koul said…
Hi Sonia,
It is my pleasure too.
I would love to be a member of a risk community, where there is a substantial contribution, with a clear focus and drive to establish something meaningful & providing value on a sustainable basis. I feel in my opinion, we can look at the following:
1. Set clear objectives in terms of what this forum is attempting to aim at and provide. I would like to hear from you all on this.
2. Build a Risk Management consortium. We conduct 6-monthly / Yearly events, where various speakers can be brought in to talk about their experiences and latest development in Risk Management world. We could also associate with Global Bodies like “eGarp / ISACA” to get their contribution and be recognized as a platform, where people can become really serious.
3. Establish Framework, where people can take the responsibility to contribute.
4. Develop various Methodologies that can help Risk Members to use that methodology; mindmaps, documents, etc.
5. Develop a portal, which could have everything that we do with respect to Risks.
6. Formulate a monthly Newsletter, where we have a provision to write various subjects in and around risks practices from veterans or those who have experience in various Risk Management practices and ready to contribute
7. Identify Tools that could be looked at helping Indian Organizations automate as well as MNCs having offices in India.
8. Face-to-face meeting on a quarterly basis to discuss new strategies & growth Plans, where CxO can be invited to make them aware of these evolving systems.

These are my 2 cents.
At 6:26am on October 2, 2010, Chetan Shukla said…
Sonia,

What I do is first send a profile of my activities to the client. Thereafter I tell them that I can get a quick Sustainable Audit done. I normally approach this with the following emphasis: Sustainable Facilities, Water, Energy & Atmosphere, Indoor Air Quality, Materials Resources, Waste Management, Health & Safety Issues related to Sick Building Syndrome, Building Related Illnesses, Radon Emission and Exposure to Heavy Metals and the detrimental effects that they can have. This quick audit is carried out over a period of 7-10 days depending on what the client wants to get done. This audit is done for a nominal fee and then I give them the findings. I also would give them an idea of the solutions but they would not be expounded. Hopefully this would lead to a detailed study and a larger full blown consultancy assignment.
At 7:15pm on October 1, 2010, Chetan Shukla said…
Sonia,

I posed this question as I am a Health & Safety Expert with over 10 years experience in Air and Water Issues. I actually wanted to get an idea about what topics get covered therefore the thread.
At 3:37pm on September 28, 2010, Chetan Shukla said…
Sonia,

You are so very right that Risk Management is taking on a greater role. Infact the Risk Management field itself is expanding. Do you cover Health & Safety Issues?
 
 
 

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