risk management
Corporate governance and risk management are two areas that public and private organizations are starting to learn more about as scandals, both commercial or political, become visible to the general public and impact an organization's credibility, market value or future prospect. Atul Patel's SAP offers a way to mitigate risks through a structured approach to GRC.
In litigation, the document review process is characterized as excessively time-consuming, costly and repetitive. This Commvault whitepaper addresses the challenges organizations faced in using ediscovery solutions, techniques and best practices to enable companies to take back control over the ediscovery workflow process while reducing overall costs and risks.
Technology is used technology in developed countries to help streamline business processes resulting in improve citizen service. According to Karen Copeland, a public sector specialist working for SAP, governments like Singapore are using business process management to improve efficiency, transparency, risk management, productivity and cost reductions. Governments across the world are deploying one-stop-shop services using technology and best practices to improve service delivery and program management.
In an election year, the Australian government’s high-profile Home Insulation Program failed. With a number of house fires, electrocutions, and deaths linked to the program, the government has announced its cancellation. As public debate diminishes, it is now time to reflect on key lessons for service delivery and government policy development.
The UK Government’s Technology Strategy Board has selected Citicus to develop a capability for managing risks to key industrial control systems that support the critical national infrastructure. Citicus will collaborate with RWE npower and other key industry partners to deliver a major advance in the protection and security of critical information infrastructures that underpin the continuous supply of essential utilities and commodities.
Banks in the Asia/Pacific region are expected to increase their technology investments in 2010, according to the latest annual report by IDC Financial Insights. Many of the transformative and long-term projects that were held off because of uncertain economic conditions last year are expected to be revisited and implemented this year.
Since the 1990s, China Customs has made a great effort to establish a modern customs system by introducing the concept of risk management. As the country’s external trade value increased very rapidly, China Customs faced ever-greater administrative risks. In 1998, severe circumstances in antismuggling fields drew attention from top leaders in China Customs. The head of the Statistics department made plans to establish the EAS.
The global financial crisis has prompted a re-evaluation of risk management. But while companies admit that major change is needed, many are unwilling, or unable, to make the necessary enhancements.
