All articles by Richard M. Steinberg – Page 2
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Blog
Two Common Misperceptions About Risk Management
The “Three Lines of Defense” theory to risk management is very much in vogue today, along with maturity models to understand how strong your risk management program is. This week, columnist Rick Steinberg takes both ideas to task. The three lines concept too often paints risk as something to be ...
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Blog
The Logic Behind COSO’s ERM Framework Update
Even as compliance officers are still digesting the updated COSO framework for internal controls, COSO has set its sights on what’s next: an update to its enterprise risk management framework, likely to arrive sometime in 2016 or so. Why ERM? Why now? Inside, Compliance Week columnist Rick Steinberg walks us ...
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Blog
A Sad Day for Integrity and Ethics
The refrain that corporate leaders need to focus on leadership and culture may sound like old hat, but it bears repeating—especially since, Compliance Week columnist Rick Steinberg notes, even large businesses with ostensibly mature compliance programs keep making the same mistakes. Inside, he examines one particularly bad day for several ...
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Blog
Some Predictions for the Coming Year in Corporate Governance
As 2014 enters its final month and the coming year looms just around the corner, it’s time for those lists of predictions of what 2015 will bring. Inside, columnist Richard Steinberg takes a look into his crystal ball for what developments will be shaping corporate governance in the coming year. ...
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Blog
Why We Should Be Asking, ‘Can We Talk?’
Title: Why We Should Be Asking, ‘Can Whether or not you liked her humor, Joan Rivers was a force of nature, perhaps best known for her catchphrase, “Can we talk?” The line captures an idea that fits very nicely into a business setting. It means there’s something important we need ...