Overview:
Any management process involves measuring and monitoring – so it is with risk, control and compliance management. To do so effectively and efficiently, think of the three topics as one, as integrated, and as related to the outputs of business processes.
So, we begin by reviewing the typical business process framework, in the context of, and interacting with, outside related parties. These interactions are the bases for risk and compliance, and the organization’s responses are the basis of control, so that defines the range of process outcomes, of process outputs, and whether these ranges are acceptable from the standpoint of both internal and external compliance, and internal control.
This webinar will review and define more fully this business process framework and typical business processes, and how they should be monitored and measured in regard to risk, control and compliance.
Areas Covered in this Webinar:
An integrated view of the work can be documented in related policy and procedure, which should identify the who, what, why, where, when and how—or said more completely, who does the work, how the work is done, why the work is done, where the work is done, when the work is done, and what "the work" is.
The webinar will present IDEF as a framework for each activity of a business process, as well as a composite framework for the overall set of business processes. For this, the webinar will present Michaels Porter’s value chain of nine process sets – five in what he calls the value chain, and four process sets in what he identifies as infrastructure.
Learning Objectives:
Learn how to apply business-process design, measurement and monitoring – business-process management – for risk, control and compliance management
Learn why this approach is more effective and efficient than functional management
Who Will Benefit:
Leaders and Members of Cross-functional Teams dealing with:
Risk
Control
Compliance Management
Operations
Accounting/IT/Auditing
Line and Staff Personnel
For more information, please visit : https://complianceglobal.us/product/700479/MalcolmSchwartz/Measuring-and-Monitoring-Risk-Control-and-Compliance-Management/1
Email: support@complianceglobal.us
Toll Free: +1-844-746-4244
Tel: +1-516-900-5515
Level:
Intermediate
Speaker Profile:
Until his recent retirement from PwC, Mr. Schwartz had been the partner responsible for the consumer products industry management consulting practice in its Eastern Region. He also had led the financial management practice. Previously, Mr. Schwartz was a senior vice president of Booz, Allen & Hamilton Inc., playing lead roles in the financial management, risk and controls, operations management, systems, and telecommunications practices; and had been responsible in the Eastern Region for the financial management services practice and for the administrative management services practice; and had been CFO. Typical consulting projects that he led include:
Revising the organization, processes and systems of a major consumer products manufacturer, resulting in share and service gains, and cost and asset reductions.
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