Managing Risk & Compliance Across Extended Business Relationships; Chicago

The Risky Nature of the Extended Enterprise . . . 

Any given organization stands in the shoes of its vendors and delegated partners/entities - their problems are your problems and their issues can directly impact your brand and reputation.  The challenge before organizations is “Can you attest to an in-compliance status of your extended business relationships across the range of risk issues that can impact your business operations and brand?”

The Bottom Line: Organizations are complex entities that extend to hundreds or thousands of business relationships around the world. Even the smallest organization can have diverse global business relationships. The impact of the extended enterprise is significant on business.  Organizations need to actively manage and monitor risk and compliance across the lifecycle of a business relationship.

Life-cycle of extended enterprise risk & compliance management . . .

Companies can find themselves in hot water when they fail to manage and monitor risk and compliance across the entire life-cycle of any given business relationship. Managing risk across extended business relationships is a life-cycle process rather than a point-in-time effort.  This involves establishing processes that go beyond on-boarding to manage risk continuously throughout the life-cycle of the relationship.

Workshop Objectives . . .  

Attendees of the Managing Risk & Compliance Across Extended Business Relationships, Chicago workshop will specifically learn:

• Understanding of the breadth of risk across extended business relationships 
• Managing risk and compliance across 3rd party/extended business/supply-chain relationships
• Risk and regulatory intelligence monitoring impacting extended business.
• Establishment of culture and conduct across extended business relationships
• Impact of corporate social responsibility in extended business on your brand.  
• Compliance & risk monitoring and metrics. 
• Communication of business relevant compliance risk information. 
• Defining ownership of compliance risk across business relationships. 
• Developing a lifecycle approach to manage extended business relationships.
• Role of technology to manage and monitor extended business relationships 

NOTE: due to the interactive nature of this workshop attendance is limited to no more than 20 registrants.  Registration is handled on a first come first serve basis.

CPE/CLE Qualification:  State boards of accountancy and other governing institutions have final authority on the acceptance of individual courses for CPE credit.  Please check with the various rules and regulations for your certification to determine whether our seminars and material would qualify as Continuing Professional Education for your certification(s).

Workshop Agenda . . .  

7:30 to 8:30

• Breakfast and Introductions

8:30 - 10:15

• Risky nature of the extended enterprise
• Risk & compliance across extended business
• Ultimately, it is your brand and reputation

10:30 - 12:00

• Defining a holistic view of extended enterprise risk 
• Building the extended enterprise risk management team

12:00 - 1:00 

• Networking Lunch (Sponsor Presentation)
• Case Study Presentation

1:00 - 3:00

• Lifecycle of extended enterprise risk management
• On-boarding
• Compliance monitoring
• Risk monitoring
• Issue management
• Audit & assurance

3:15 - 5:00    

• GRC platform and technology approach for managing and monitoring risk and compliance in extended business 

About Your Instructor. . . 

Michael Rasmussen, J.D., CCEP, OCEG Fellow is the authority in understanding Governance, Risk, and Compliance (GRC). He is a sought-after keynote speaker, author, and collaborator on GRC issues around the world. 

With more than 17 years of experience, Michael’s objective is to assist organizations in defining GRC processes that are sustainable, consistent, efficient, and transparent. He has contributed to US Congressional reports and committees, and has served on the Red Book Steering Committee and currently serves on the OCEG Leadershsip Council. Michael has been quoted extensively in the press. In June 2007, Treasury & Risk recognized Michael as one of the 100 most influential people in finance with specific accolades noting his work in “Governance and Compliance: Saving the Planet and the Corporation.” Most recently, in October 2008, he was recognized as a “Rising Star in Rocky Times: Corporate America’s Outstanding Executives Under the Age of 40.”

The Venue . . .

The Ambassador East Hotel

RESERVATIONS

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Phone Reservation: Please call 888 506 3471

HISTORIC GRANDEUR ON CHICAGO'S GOLD COAST

Still the place to be seen, its regal stature firmly in place, the eminent Ambassador East has been a magnet to distinguished guests such as Frank Sinatra, Richard Gere, Gary Sinise and Vince Vaughn since 1926. This National Historic Landmark is renowned for its esteemed service, world-famous Pump Room restaurant and central location in Chicago’s prestigious “Gold Coast”. A boutique hotel, it combines contemporary sophistication with timeless grandeur, all with a signature of distinction. Just 13 miles from Midway Airport; 17 miles/40 minutes from O'Hare International Airport. 

Event Sponsor . . .

Compliance 360 provides the software applications, integrated legal and regulatory content, and analytical tools needed to create a comprehensive governance, risk management and regulatory compliance program with the goals of reducing risks, ensuring compliance, improving efficiencies, and enhancing transparency.