Consultation & Training on Corporate Governance

1

• Governance Gurus
• Published by
• https//www.governance-gurus.ae/entity-management

2

• Organizations are facing new management
  challenges from market, financial and regulatory
  uncertainties in the current economic crisis. In
  the market front, new competitors are driving
  pricing pressures. Companies need to move to
  unfamiliar markets and technologies. Finding new
  markets, especially in the Emerging World,
  requires the development of new competencies
  which are not always available. In the financial
  front, shareholders are more demanding when
  dealing with market volatility. The global credit
  crunch became the main concern in this area since
  2008. In addition, the worsening of fiscal terms
  is generating cost rises and difficulties in
  optimizing profitability. In the regulatory
  front, multiple law proposals complicate planning
  as companies anticipate systemic reforms. There
  are difficulties in managing the risks from the
  expansion of government's role in key areas of
  the economy.Anticipating the potential impact of
  these new challenges on the companies is a
  time-consuming, and often a frustrating task, for
  its leaders. Visit this implementation

3

• The continuous improvement culture helps
  companies to anticipate new risks and respond
  proactively to maximize their financial return.
  Companies are devoting more and more resources to
  contingency planning and risk prevention to cope
  better with the range of new risks. A positive
  aspect of early business intelligence is that
  forecasting to anticipate new risks is also
  forecasting to identify new opportunities. It
  also helps to respond better to complex global
  interactions while dealing with unpredictable
  crises.The proper management of a Governance,
  Risk and Compliance framework will identify
  strategies to address these challenges. Companies
  are strengthening their governance processes and
  risk culture with reinvigorated risk procedures
  and more upper management involvement.According
  to the Business Risk Report 2010 issued by EY,
  59 of the global companies are addressing these
  challenges via a risk management function. Click
  here compliance management

4

• More than 70 of the surveyed companies in the
  financial areas reported that a strong risk
  management function is effective to address
  compliance and regulation threats.Other companies
  are using different strategies, including
  investing in government relations capability,
  updating of the compliance functions, investing
  in IT to support new regulations, improving in
  their own capability for rapid implementation of
  requirements, focusing to key compliance issues,
  and expanding of compliance focus to their
  external partners, as well as, their suppliers
  and customers.The main difference between success
  and underperformance comes from the skill with
  which a Governance, Risk and Compliance program
  is executed. There are not good of bad programs,
  but executions of programs. The Governance, Risk
  and Compliance area is moving companies forward
  from the retrospective analysis of business
  decisions gone wrong to anticipate new risks in a
  challenging world. Get more info compliance risk

5

• Summary
• Whatever be the current governance requirements
  for your corporate, department or team
  Governance Gurus will provide you the best
  options and perspectives to help design and
  implement a sustained cultural business strategy.
  The expert team behind Governance Gurus offers
  support and advice on corporate governance,
  change management, human resource management, and
  corporate culture. From strategy planning, to
  implementation to monitoring, they take care of
  it all.
• Visit this site to learn more
• https//www.governance-gurus.ae/360-evaluations