This webinar focuses on and introduces the Comparative Effectiveness Matrix, a new tool for elevating issues during audit and risk management reviews. The matrix builds upon combining best practices with audit techniques and risk management approaches that allow for business leadership and other stakeholders to realize the effect of controls within their organization. By comparing present control effectiveness status to expectations, industry best practices and ideal situations management can determine their own maturity model as it relates to risk and controls. Then, management can map progress to elevate their controls to a level commensurate with their organizations philosophy all the while linking to industry best practices that may or may not align with management philosophy.
To enable the participant’s communication and presentation skills, particularly regarding sensitive material or issues, this session introduces a new tool that facilitates understanding. Participants will learn to apply the Matrix to current processes based on industry based information sources. Then, cross-referencing structure to risk and controls using the tool to move along the maturity phases for organizations provides a new insight into risk management. Defining steps in the process and determining evidence that supports positioning will result in developing action plans to move up the maturity time line for the organization to achieve a level that management decides can be attained
To enable the participant’s communication and presentation skills, particularly regarding sensitive material or issues, this session introduces a new tool that facilitates understanding. Participants will learn to apply the Matrix to current processes based on industry based information sources. Then, cross-referencing structure to risk and controls using the tool to move along the maturity phases for organizations provides a new insight into risk management. Defining steps in the process and determining evidence that supports positioning will result in developing action plans to move up the maturity time line for the organization to achieve a level that management decides can be attained
Daniel Clark
Daniel Clark. CRCMP, CISRCP, QIAL Independent Consultant BEXCPartners.comDan has over 25 years of experience in Financial Services from regional banks to global giants like Citigroup and GE Capital. His early career roles included: sales, credit risk management and operations. For the last 18 years he has been fully focused on Risk Management and Internal Audit. His experience as Chief Auditor in two regional banks and as a senior officer in Audit and Risk Review for Latin America provides unique insight into management practices in and outside of the United States. He is also a recognized expert on GRC, a Public …
Project Management for Human Resources Professionals
Risk Analysis in the Medical Device Design Process
Strategic Interviewing & Selection: Getting the Right Talen…
Conflict Resolution in a Remote Workplace
EEO-1 Reporting Deadline is December 5, 2023 – Now is the t…
Bootcamp for New Managers and Supervisors: Avoid These 7 Mi…
2-Hour Virtual Seminar on How to Conduct an Internal Harass…
Workplace Investigations 101: How to Conduct your Investiga…
Cleanroom, Microbiology and Sterility Assurance Practices f…
Successfully Negotiating the Labor Agreement
Understanding the incredible uses and fallbacks of ChatGPT
Wage And Hour Laws: Ensuring Compliance With The Fair Labor…
5 Key Components of Good Manufacturing Practices to obtain …
How to Manage Conflict in the Workplace
Neutralizing Harassment - How to Promote the Proactive Pers…
Changing Behavior: Why Rewards and Punishments Often Aren't…
Hybrid Workplace: 10 Best Practices to Manage Your Team’s P…
Human Error Reduction Techniques for Floor Supervisors
Using Better Managerial Decision Making - to get great resu…
Using Stay Interviews To Improve Employee Retention & Engag…
Excel - Pivot Tables - The Key To Modern Data Analysis and …
Form W-9 Compliance to Avoid Penalties: TIN Verification, B…
Using High-Performance Coaching for Managers to Address Per…
FDA Technology Modernization Action Plan (TMAP) and Impact …
FDA Audit Best Practices - Do's and Don'ts
Become an excellent Critical Thinker to greatly improve you…
Stay Interviews: A Powerful and Low-Cost Employee Engagemen…
Learn the Do's and Don'ts of Opening Business Bank Accounts
Project Management for HR, Administrative Professionals, an…