Organizational alignment is defined as a conscious and systematic coordination and alignment of three powerful and interrelated driving forces: organizational strategy, organizational culture and organizational infrastructure. Organizational alignment is to be mutually supportive and contribute as efficiently and effectively as possible to meet organizational goals and objectives.
Topics: Enterprise Risk Management, Risk Assessment, Audit Committee & Board, Strategic Risk, Performance Management/Measurement
Transaction authenticity can be defined as the authentication of a party’s (individual, organization) identity, to ensure that pending transactions and contractual agreements are legal and enforceable.
Topics: IT Audit, IT Infrastructure, Cloud Computing, IT Risk, IT Controls, Performance Management/Measurement
Few things can be as fraught with stress and complication for top executives and business owners as evaluating mergers and acquisitions. Some mergers are consummated to capitalize on new geographic or demographic markets, expand product offerings, facilitate the acquisition of key employees, boost productivity, reduce competition by absorbing a rival company, or even more long term strategies. Whatever the reason, the process and outcome must be measured to determine if it was successful in meeting business objectives.
Topics: Initial Public Offering, Accounting/Finance, Performance Management/Measurement, Mergers and Acquisitions
What is Financial Instrument Risk?
Buyers and sellers may enter into sub-optimal financial or commodity instrument structures that have been standardized for efficient electronic trading. Conversely, buyers and sellers may enter into transactions where some trade terms were not anticipated due to shortcomings in the electronic communication means portraying the transaction.
Topics: Compliance, Investments & Foreign Exchange, Financial Services Industry, Energy & Utilities Industry, Performance Management/Measurement
Thorough business continuity plans help organizations minimize the risks of a disaster and restore vital business functions without significant detrimental effects. This blog post examines the fundamentals of business continuity management (BCM) planning and highlights critical lessons learned from various recent disasters, providing actionable steps you can take to create a customized plan.
Topics: Risk Assessment, Governance, Risk & Compliance, Strategic Risk, Business Continuity Management, Self-Assessment, Performance Management/Measurement
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