Today's post overviews which key players are recommending a move to modern strategy/objective centric ERM and internal audit. Lots of fence sitting. bit.ly/3mbnnuG

Today's Linked In post announces a strategic alliance between IIA and two risk insitutes to promote strategy/objective centric ERM and IA. The lead sentence isn't true but it would be good for all stakeholders if it was true. bit.ly/415UUpu

Today's post takes a hard look at how companies measure performance of Chief Risk Officers and Chief Audit Executives bit.ly/3GCTVEJ It's time to measure value add not execution of activities.

Today's post - younger GENS of management, internal audit and risk professionals are increasingly unhappy with CRITICAL PARENT/CHILD interaction that comes with legacy older GEN internal audit methods and risk list ERM.

Today's Linked In post - huge latent assumptions in the March 1 IIA practice standards are marginalizing the profession. Newest NA PULSE ON PROFESSION clearly indicates majority of public company IA shops are being pushed back to GEN 1 (1940s) extended external audit role.

Today's post - Why are so many companies resisting moving to strategy/objective centric ERM and IA when COSO, ISO and logic all support the move? bit.ly/3n89Bt6

Monday's LI post focused on moving interaction between IA and risk groups and MGMT from critical parent/child to adult to adult bit.ly/3n2I1xB

My LI post today - best summary report for C-Suite and boards I have seen - outstanding thinking bit.ly/3LJYkc6

Today's Linked In post - a Canadian case study on implementation of strong first line objective centric ERM and internal audit and tribute to James Waddell, TMX Group Chief Internal Auditor who retired yesterday bit.ly/3HAdgqU

Today we announced the largest-ever award, nearly $279 million to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions. sec.gov/news/press-rel…

Today's LI post - three pillars to help risk and internal audit improve their BRAND adn their image. It starts by giving up CRITICAL PARENT/CHILD interaction with MGMT. MGMT can take any amount of risk they want only to sharing risk decisions with board bit.ly/3M3pGsP

Improving risk management standards and guidance normanmarks.wordpress.com/2023/06/12/imp… via Norman Marks

My Linked In post today - weak first line risk governance is the common element in most of the colossal risk governance failures like SVB, Credit Suisse, WorldCom and tens of thousands like them bit.ly/3O09f2i

NACD just released the new guidance shown below late last month. My post today provides my take on it. bit.ly/46BtvPa

Could bank failures like SVB and Credit Suisse have been avoided with stronger first-line risk governance? Parveen P. Gupta and Tim Leech (Tim Leech) make the case. bit.ly/449KPJs

Today's post asks what would the 14th annual THE STATE OF RISK OVERSIGHT report have looked like if the first question is whether the company assesses uncertainty linked to MISSION CRITICAL OBJECTIVES and reports results to the board - YES or NO. bit.ly/3DdgGgB

Today's Linked IN post - why meaningful PURPOSE is important to the mental and physical health of risk specialists and internal auditors bit.ly/46R7sEa

Today's post - it's time to quit pretending benchmarking IA funding/head count is a defensible way to decide spending on IA. bit.ly/43xbSgL

Yesterday's post - interest in moving to objective centric ERM and internal audit linked to performance called for by IIA 2020 THREE LINES MODEL continues to grow. bit.ly/44WOLxh

Yesterday's post - risk list ERM looks at risk in isolation from objectives, commitment and measurement - not a recipe for success bit.ly/479T7Tp