Governance, Risk Management, and Compliance: It Can't Happen to Us--Avoiding Corporate Disaster While Driving Success (Wiley Corporate F&A) - Hardcover

Steinberg, Richard M.

Hardcover

ISBN 10: 1118024303 ISBN 13: 9781118024300

Publisher: Wiley, 2011

Synopsis

An expert's insider secrets to how successful CEOs and directors shape, lead, and oversee their organizations to achieve corporate goals

Governance, Risk Management, and Compliance shows senior executives and board members how to ensure that their companies incorporate the necessary processes, organization, and technology to accomplish strategic goals. Examining how and why some major companies failed while others continue to grow and prosper, author and internationally recognized expert Richard Steinberg reveals how to cultivate a culture, leadership process and infrastructure toward achieving business objectives and related growth, profit, and return goals.

• Explains critical factors that make compliance and ethics programs and risk management processes really work
• Explores the board's role in overseeing corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communications
• Highlights for CEOs, senior management teams, and board members the pitfalls to avoid and what must go right for success
• Outlines the future of corporate governance and what's needed for continued effectiveness
• Written by well-known corporate governance and risk management expert Richard Steinberg

Governance, Risk Management, and Compliance lays a sound foundation and provides critical insights for understanding the role of governance, risk management, and compliance and its successful implementation in today's business environment.

About this title

About the Author

RICHARD M. STEINBERG is founder and CEO of Steinberg Governance Advisors, Inc. He is a nationally recognized expert on governance, risk, and control, and advises boards of directors of major multinational, large, and middle-market companies. He is a former senior partner of PricewaterhouseCoopers (PwC) and the leader of its corporate governance advisory practice. As an expert in internal control and risk management, Steinberg served as the lead project partner in developing the Committee of Sponsoring Organizations of the Treadway Commission's (COSO's) Internal Control—Integrated Framework, and led development of COSO's Enterprise Risk Management—Integrated Framework, the landmark reports recognized as standards for effective internal control and risk management. He has been featured on CNBC's Morning Call and Bloomberg TV's Bloomberg on the Markets and The Bloomberg Report; has guest-lectured at leading business schools including Columbia, MIT, and NYU; has been quoted in publications such as BusinessWeek, Fortune, the Wall Street Journal, Dow Jones MarketWatch, CNN Money, and the Financial Times; and is a monthly columnist for Compliance Week.

From the Back Cover

While facing various circumstances in different industries, many once-great organizations have watched their fortunes sink, while others ride the wave of economic turbulence to grow and reap the rewards of success. Governance, Risk Management, and Compliance examines this trend, with a realistic look at what separates the organizations that effectively achieve their goals regardless of the circumstances from the ones that wonder, "How did this happen to us?"

Renowned corporate governance and risk management expert Richard Steinberg advisor to major multinationals' boards and CEOs and author of Corporate Governance and the Board What Works Best, as well as principal author of COSO's internal control and ERM frameworks helps you better understand the factors that make up the critical infrastructure that drives every organization. Here, you'll discover what must go right to prevent catastrophes and seize opportunities for continued success.

Steinberg provides authoritative insight into the essential collaboration necessary between senior managers and members of the board of directors, with timely discussion of:

• Critical factors for making compliance, ethics, and risk management processes truly effective
• How CEOs and senior management teams cultivate a culture and leadership process to support and drive performance
• How boards of high-achieving companies oversee corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communications
• The pitfalls that managers and boards need to avoid
• The future of corporate governance and what's needed for continued effectiveness

With clear guidance on aligning processes, organization, and technology so your company achieves its strategic goals, Governance, Risk Management, and Compliance explains how to protect your company from financial and reputational risk, litigation, and government intervention and avoid the kinds of disasters that can befall any organization.

From the Inside Flap

While facing various circumstances in different industries, many once-great organizations have watched their fortunes sink, while others ride the wave of economic turbulence to grow and reap the rewards of success. Governance, Risk Management, and Compliance examines this trend, with a realistic look at what separates the organizations that effectively achieve their goals&;regardless of the circumstances&;from the ones that wonder, "How did this happen to us?"

Renowned corporate governance and risk management expert Richard Steinberg&;advisor to major multinationals' boards and CEOs and author of Corporate Governance and the Board&;What Works Best, as well as principal author of COSO's internal control and ERM frameworks&;helps you better understand the factors that make up the critical infrastructure that drives every organization. Here, you'll discover what must go right to prevent catastrophes and seize opportunities for continued success.

Steinberg provides authoritative insight into the essential collaboration necessary between senior managers and members of the board of directors, with timely discussion of:

• Critical factors for making compliance, ethics, and risk management processes truly effective

• How CEOs and senior management teams cultivate a culture and leadership process to support and drive performance

• How boards of high-achieving companies oversee corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communications

• The pitfalls that managers and boards need to avoid

• The future of corporate governance and what's needed for continued effectiveness

With clear guidance on aligning processes, organization, and technology so your company achieves its strategic goals, Governance, Risk Management, and Compliance explains how to protect your company from financial and reputational risk, litigation, and government intervention and avoid the kinds of disasters that can befall any organization.

Edition details

• Publisher: Wiley
• Publication date: 2011
• Language: English
• ISBN 10: 1118024303
• ISBN 13: 9781118024300
• Binding: Hardcover
• Edition number: 1
• Number of pages: 336