Synopses & Reviews
With the economic crisis that began in 2008, a long-standing trend toward increased regulation is becoming a flood. The clamor for improved enterprise risk management and the complexity of multinational compliance present executives with a dramatically new array of challenges.
Governance should offer solutions, but it is clear that yesterday's governance practices aren?t up to the task. In both design and implementation, they are too disconnected and incomplete to fully address our complex compliance and risk management puzzle. Executives get only fragmented views of their true business performance, and inefficiencies drive up costs.
The consequences of inadequate governance were demonstrated in the economic meltdown of 2008. As the world struggles to recover from that crisis, business is now faced with a confusing array of evolving regulations, the challenge of managing compliance across multinational organizations and a new imperative for risk management that is coordinated across the enterprise. It's clear that yesterday's governance practices don?t meet today's need for centralized controls, integrated compliance and risk management and greater transparency. The need for organizations to change?and change now?is clear.
Under Control captures decades of business governance experience from many of the leading authorities at CA, Inc. This book sets out not only to explain the essential challenges of effective business governance, but to help you build solutions for your organization based on lessons learned at CA from its customers and in its own corporate structure.
From governing the organization's policies as a whole instead of in silos, to a department-by-department look at the role and impact of governance, to governing your green initiatives, to the role of the board of directors, to the importance of risk management, this book lays out some of the strategies and processes that may help your organization manage its risk and regulatory requirements.
It is clear that the governance standards in the past were inadequate, and that risks have not been properly assessed or understood. This book is a first step in solving this problem so that your organization is prepared and able to respond and thrive in today's rapidly evolving environment.
Under Control is the first book published in the new CAPress imprint, a joint publishing program between Apress and CA Inc.
?One of the defining factors of the first decade of the 21st century has been the increase of regulation and governance. To explain these trends, and the various best practices for ensuring governance, enterprise IT management solutions provider CA Inc. enlisted more than a dozen subject matter experts from its ranks to contribute content. The resulting book explores the need for broad governance, different areas where governance is important, and various ways for organizations to manage and implement compliance, including IT governance, project portfolio management, information governance and sustainability management. The book, while largely vendor-neutral, draws on CA's experience creating governance solutions as well as managing its own governance issues.? ? Aaron Smith, Projects@Work Table of Contents The Rise of Governance Governance Today Policy Management Risk Management Risk Governance and the Board of Directors Governance of Risk and Compliance IT Governance, Risk, and Compliance Governance and Portfolio Management The Regulatory EnvironmentGovernance and FinanceInformation GovernanceGovernance and Sustainability
Synopsis
Governance is a buzzword in business today, but what does it mean and what benefits can it really offer? A host of stakeholders across various enterprises are pursuing governance initiatives, but those efforts are inefficient and disjointed. The result is excessive cost and a dangerously incomplete picture of the risks of noncompliance. A new, unified model can help today's complex organizations unify and simplify governance management.
Business governance is not new, but the term has become increasingly popular among analysts, pundits, and business people. The rapid growth of regulations, including Sarbanes-Oxley and others, has increasingly brought governance into the everyday lexicon, and poses a tremendous challenge and opportunity: How does business address the burgeoning costs of governance and compliance, and how can it leverage the discipline of compliance with both external regulations and internal policies to improve performance?
In many ways, governance has become the new management--the strategy and tactics enterprises adopt to achieve business goals, optimize operations, and limit risk. But to achieve that vision, we need to step back and understand what governance is, is not, and should be. That means rationalizing the confusing lexicon in use today, spanning governance, risk, and compliance (GRC), IT governance (ITG), IT governance risk and compliance (IT GRC), information governance, and more. It also means understanding that governance is not audit, risk management, security, business ethics, or other disciplines. And--to truly capitalize on the potential of governance--it means broadening our understanding to encompass the entire enterprise and introduce a new vision of governance.
What is needed is a unified approach to governance that squeezes out redundancies and simplifies implementation, while also leveraging the power of an enterprise-wide view of risk to rapidly identify and evaluate business downsides and upsides. As a contrast, some brief case studies of poor business governance management highlight the stakes involved in ignoring this essential move toward unified governance.
Foreword by John Swainson, CEO of CA
What you'll learn
In this book you will learn A unified approach to governance that works across the enterprise How to work on compliance to meet both internal organizational requirements and external compliance regulations How to evaluate risk management strategies How to manage the cost of compliance and other governance issues
Who is this book for?
This book is for all business people, managers, auditors, IT professionals, pundits, and analysts interested in corporate governance.
Synopsis
Business and public sector leaders today face an unprecedented challenge of compliance and risk management. A long-standing trend toward increased regulation became a flood with the economic crisis of 2008. Combined with the clamor for improved enterprise risk management and the growing complexity of multi-national compliance, these conditions present executives with a dramatically new and confusing array of questions and challenges. Governance should offer solutions, but it is increasingly clear that yesterday s governance practices aren t up to the task. In both design and implementation, they are too disconnected and incomplete to fully address our complex compliance and risk management puzzle. Executives get only fragmented views of their true business performance, and inefficiencies drive up costs. We at CA can look at this challenge with a unique perspective. As Computer Associates, our company directly experienced the consequences of inadequate governance, including an investigation in 2002 that resulted in an agreement with the government to improve accounting and other business processes."
Synopsis
This guide to Governance 2.0 teaches readers how to work on compliance to meet both internal organizational requirements and external compliance regulations, how to evaluate risk management strategies, and much more.
Synopsis
Apress and CA are cooperating on a joint publishing program called CA Press. This press will address cutting edge topics that cross the IT/business spectrum that are core to the CA business.
CA, formerly Computer Associates, with over 25,000 employees worldwide, along with IBM, are the worlda (TM)s largest consultants on corporate governance. Governance is essentially their business, generating $4.5 billion. CA is redefining governance with a more enterprise level model that is the subject of this book. The author is the key executive at CA in charge of governance offering a powerhouse lineup and the full support of CA for both this book and the series including using this book to launch CA Press at CA World in November.
Founded in 1976, CA today is a global company with headquarters in the United States and 150 offices in more than 45 countries. They serve more than 99% of Fortune 1000A(R) companies, as well as government entities, educational institutions and thousands of other companies in diverse industries worldwide.