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on 22-Apr-10 03:18.
Design meets GRC
The concept for a new design of garden seating began with a visit to the recently opened Malcolm Sargent House, Bexley, founded to help young people recovering from cancer regain their confidence and self-esteem and to focus on life, not the illness. As they have spent so much time inside hospitals and institutions, being outdoors is important. The idealism and energy at the centre provided the inspiration to undertake a project to suit the needs of garden seating, and I made this my degree project at Ravensbourne College.
Those at Malcolm Sargent House required a seat that was permanent, yet permitted a degree of flexibility. There was a wish to break with hierarchy, i.e. seating around a table, and to bring a degree of playfulness and informality into the garden. Young people often place modest demands on the seat type, and in many situations accept sitting almost anywhere: on the floor, street, stairs, the edge of fountains, flowerpots and grass.
One element that was important throughout the whole project, was the thought of `leaving your mark' and to close the illness off and start moving on with life after cancer. This is done in a very literate way, by scratching into the surface.
on 22-Apr-10 03:17.
Governance, Regulation and Compliance Roll Up: A Critical Need for eDiscovery
By MARISA PEACOCK | Published Sep 2, 2009
This week in Governance, Regulation and Compliance examines the current state of eDiscovery and issues within the oil, gas and energy sector.
A Critical Need for eDiscovery Certification Standards
On the Legal Technology News site, results from an annual survey by Socha-Gelbman revealed a great need for qualified eDiscovery professionals. The report indicated a shortage of expertise in the market-place with providers, law firms and corporations and is likely to grow over time.
The shortage of professional within the eDiscovery field comes as a result of inadequate training and the lack of certifiable standards or procedures. The need for qualified eDiscovery professionals piggybacks on what Charles Skamser, founder and CEO of eDiscovery Solutions Group remarked recently at a Chicago area luncheon for litigators and global information management professionals.
Mr. Skamser says that "the quicker the leaders from within the eDiscovery and GRC markets establish and enforce both standards and certifications, the quicker we will begin to see a normalization effect that will enable the entire industry to move forward in a more coherent way."
on 22-Apr-10 03:16.
Crafting a Sustainable Approach to GRC
Eric Krell January 7th, 2009
While researching an article on corporate sustainability for the Baylor Business Review, I came across a framework for crafting sustainability strategies that also serves as strong guidance for GRC strategy-setters.
Nicholas Eisenberger, managing principal of GreenOrder, described his firm's "CRED" rubric:
Credibility: Why should anyone believe us?
Relevance: How can we leverage sustainability to create value?
on 22-Apr-10 03:14.
Cheniere energy achieves immediate and ongoing efficiencies with robust, integrated EH&S compliance solution
Courtesy of ESS EXPO.09 Oct. 16, 2009
In 1996, Cheniere Energy Inc. was primarily an exploration and production (E&P) company with fewer than 10 employees. Five years later, its leadership team changed directions, remaking the company as a Liquid Natural Gas (LNG) import terminal organization. Today, Cheniere has over 200 employees providing customers - such as Chevron and Total - with terminal services that include international ship docking, connection for offloading LNG cargo, storage of LNG in tanks and warming the LNG to inject into a pipeline which then transports natural gas into the United States pipeline grid.
As an E&P company, Cheniere required only a financial system and a document management system. Between 2005 and 2007, however, the company dramatically upgraded its IT infrastructure by building and/or implementing a dozen major applications for governance, compliance and risk (GRC) in what amounted to a brand new beginning for Cheniere.
ESS' Essential Suite was one of those mission-critical GRC systems. Cheniere selected Essential Suite as its enterprise-wide Environmental, Health & Safety (EH&S) management platform - eliminating the need to purchase specific hardware and expediting the system's launch by opting for a hosted deployment of 9 Essential modules
on 22-Apr-10 03:13.
Commentary: Governance, risk management and compliance
11 February 2009
Sai Sireesh Pachava, worldwide director for risk management and compliance industry solutions at Microsoft, takes stock of the risk and compliance situation after a year of challenges.
The financial services industry is continuously evolving at a rapid pace. Besides the challenges posed by emerging technologies, expanded business strategies, redefined business processes, new financial instruments and regulatory frameworks, 2008 has thrown up the additional trials of the global credit crisis and government interventions that have increased the scale, scope and interconnectivity of financial institutions. Correspondingly, enterprise risk management across multiple business units within increasingly complex organisations is under increasing scrutiny, and rightfully so given what is at stake to investors, creditors and clients, and more broadly, to the global economies and financial markets.
The past year has been humbling and disruptive for the financial sector - perhaps especially for the large investment banks, but also for the risk management profession as a whole. Many epitaphs will be written for legendary institutions that disappeared overnight, and the demise of these organisations will be spoken about for decades to come in terms of the crunching global impact and associated lessons.
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