Open Compliance & Ethics Group Launches Second Study in the OCEG Benchmark Series: Effective Risk Assessments

The Effective Risk Assessments Study will help organizations of all sizes and types (for-profit, nonprofit, higher education and governmental agencies) understand how their risk assessment and measurement processes compare with peers and other leading organizations around the globe, particularly in light of competing pressures from laws and regulations versus competition and the market.

We invite you to participate in this study starting next week. The results will help you:

• Demonstrate value that your organization already gains from current approaches
• Align financial, legal/regulatory, extended enterprise, and operational assessments
• Define where you can simplify the risk assessment processes
• Identify gaps in your risk assessment processes, and
• Leverage your risk assessments and risk event monitoring for greater value

You can find out more about the Effective Risk Assessments Study, sponsored by Ernst & Young, at http://www.oceg.org/view/obsrisk.

Participation in the OCEG benchmarking studies is free and confidential. The results will be provided free of charge to "end user" organizations to help them improve their programs.

If you haven’t already participated in the GRC Strategy Study, it’s not too late: just visit http://www.oceg.org/view/obs-grcstrategy.

OCEG 2007 Webinar Series for Governance, Risk and Compliance

The OCEG 2007 Webinar Series is focused on "driving principled performance" and can provide practical information on these issues. We welcome you to attend the following free webinars. To register now, click here.

Conducting a Risk Assessment for Governance, Risk & Compliance
Tuesday, February 20, 2007, 2:00 pm EST
Cost: Free
In the current environment, risk has a higher profile and increased responsibility for those who manage this issue. Business executives and board members face higher expectations for the oversight, management and disclosure of key risks, and need to possess a comprehensive understanding of how risk is being managed in their companies — in particular on how to manage risk to create the greatest reward for their shareholders. In this webinar, you will learn the basic steps for completing a risk assessment of compliance and ethics risks, and how it can serve as the basis for designing or improving your controls.

This webinar will spotlight:

  • Benefits of Effective Risk Management
  • External Scrutiny and Benefits
  • A Comprehensive Risk Assessment: The Necessary First Step
  • Critical Success Factors
  • Risk Assessment Done Well

Sponsor: Ernst & Young


Mandatory Harassment Prevention Training: Best Practices
Tuesday, February 27, 2007, 2:00 pm EST
Cost: Free
On November 14, 2006, California’s Fair Employment and Housing Commission (FEHC) adopted final regulations for AB 1825 – the state’s harassment training law. Employers must be in full compliance with the new regulations by February 2007. The regulations are detailed, extensive, and have created groundbreaking, stringent requirements for all forms of training, especially e-learning. These regulations are expected to heavily influence harassment training standards outside of California. They will also influence broader compliance training mandates, such as the ethics training required for all employers under the Federal Sentencing Guidelines.

Do you have specific questions about how to comply? Join us for an interactive Q&A session with the author of California’s Law, former Assembly Member Sarah Reyes and Ann Noel, Executive & Legal Affairs Secretary for the California Fair Employment Housing Commission, and learn first-hand how best to address the new regulations.

Participants will learn:

  • The essential requirements of AB 1825
  • The details of the new FEHC regulations
  • How to avoid the most common and costly legal landmines associated with AB 1825 compliance
  • How the AB 1825 regulations are impacting training requirements outside of California

Sponsors: ELT, Littler


OCEG® Illustrated Series:
"OCEG Illustrated Series: Using Technology to Build Governance, Risk & Compliance"

Tuesday, March 6, 2007, 2:00 pm EST (Rescheduled from February 6, 2007)
Cost: Free

A well thought out IT effort can result in a GRC platform that is less complex, more efficient, and more economical than a patchwork of individual solutions. With a well-designed integrated approach, GRC professionals can have access to the right information at the right times. To get there, Governance, Risk Management and Compliance professionals and the IT department must work together to achieve alignment. You need to know how technology can be utilized to support business needs to cross silos, integrate operations and provide timely reporting. In this webinar you will learn how to clearly communicate realistic GRC expectations and requirements to your IT department and vendors, and how IT can prioritize GRC activities into an overall service program.

Sponsors: Cisco, Deloitte, SAP

The OCEG Illustrated Series is produced in conjunction with Compliance Week Magazine.


Tools for Building Your Business Case (NEW!)
Friday, March 9, 2007, 2:00 pm EST
Cost: Free

No matter how noble or necessary your plan for managing risk, achieving compliance, infusing integrity, enhancing your governance or automating your environment, it’s nothing more than empty electrons and pointless paper without the resources to get it accomplished. You won’t get those resources without a persuasive business case.

In January, we walked you through the process of Making the Business Case for Integrated GRC — now let’s focus on tools.

* What should be included in your business case?
* Do you have the "hook" you need for your "clear and compelling story"?
* Where are you getting the facts for your "fact-driven analysis"?

This webinar will spotlight:
– The elements of your business case
– Using metrics to set the stage
– Using benchmarking and market analysis to persuade
– Using maturity models to communicate "as is" v. "to be"
– The art of presenting the story

Join us to learn how to make your business case persuasive! Click Here to Register Now.


To register and learn more about these and other OCEG Webinars, please go to The OCEG 2007 Webinar Series.