The Conference Board of Canada publishes two periodicals related to governance and risk. These periodicals feature leading Canadian and global thinkers and practitioners who share their perspectives on where the practice of governance and risk management are heading and what the key issues are likely to be in the coming years. They offer a combination of theoretical analysis and practical applications that are intended to help readers clarify their thinking about organizational issues and reach decisions to address their challenges.
The Conference Board of Canada is seeking to advance the practice of GCR in Canada. If you are interested in being featured as an author in our upcoming periodicals, please contact Michael Bassett.
Stewardship Review: Insights for the Boardroom
The Stewardship Review is a new Conference Board publication that examines key issues in governance and features insightful articles from leading thinkers and experienced directors from across Canada.
In this issue:
- Not-for-Profit Board Work (authored by Leila Fenc)
- Not-for-Profit Boards: Challenges Ahead in the Governance Zone (authored by Lyn McDonell)
Risk Watch: Thought Leadership in Risk - Spring 2017
This triannual journal presents original articles by global thinkers and practitioners on risk management and related matters. Authors express opinions and insights about the world of risk and provide practical applications to address risk challenges.
In this issue:
- Imran Ahmad, Partner and National Leader of Cybersecurity at Miller Thomson LLP, and Richard Arthurs, Partner and National Governance and Risk Management Leader at MNP LLP list four key steps that organizations can take to effectively respond to the dual requirement of compliance and overall cyber readiness. They recommend conducting a full critical infrastructure asset, building a risk and control framework, considering “legal privilege,” and creating a clear roadmap to prioritize allocation of resources.
- Navin Maharaj, Senior Manager, Enterprise Risk Management at OP Trust, provides insights into operating and sustaining enterprise risk management in the absence of a dedicated ERM function. He recommends three approaches—decentralizing ERM and using risk “champions,” integrating ERM into organizational planning and decision-making; and embedding risk in the decision-making process of the organization—to assist with maintaining, sustaining, and enhancing an organization’s ERM program.
- Salvatore Cucchiara, Foresight Strategist and Systemic Designer, Government of Alberta’s Department of Energy, Alberta CoLab, maintains that more emphasis should be placed on strategic risk. He suggests that evolution in risk management should draw on foresight tools to understand how risks could evolve in the future, and that techniques, such as wind-tunnelling and the three-horizons model, can help prepare for an uncertain future.
- This issue also includes a brief overview of a session on risk frameworks that took place at The Conference Board of Canada’s Enterprise Risk Management 2017 conference. The session focused on the evolution and recent changes to the leading enterprise risk management standards: ISO 31000 and COSO ERM Integrated Framework.