Lessons NOT Learned from Recent Corporate Governance Failures
At this point, many are wondering whether companies like Chipotle will ever escape the spotlight. After introducing an innovation to their business model—fresh, locally sourced food—E. coli outbreaks continue to rattle the fast casual chain.
Why do corporations find themselves in the news? They fail to identify the root cause of their original wrongdoings, and to ensure mitigation activities and governance processes are implemented to reflect systemic risk. This session will explore an effective risk identification strategy that focuses on root cause. Attendees will realize the value of uncovering systemic issues across their enterprise, and how a root-cause approach can empower them to protect employees, customers, and investors from scandal.
At the end of this session, participants will be able to:
• Understand the root cause of scandals affecting Chipotle and other corporations
• Communicate the importance of addressing root cause over outcome
• Realize the benefits of taking a root-cause approach to risk mitigation
• Recognize the characteristics of effective root-cause risk assessments
Presenters:
• Steven Minsky, CEO, LogicManager
• Brendan Colliton, Manger, Business Development, LogicManager
CPE Credit Notice
This is a group internet-based event for NASBA authorized continuing education credit. OCEG webinars are free for anyone to attend, but only Attendees who have an OCEG All Access Pass will receive a Certificate of Completion for the webinar indicating 1 hour of CPE credit.
OCEG is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. For information regarding administrative issues such as complaints or refunds, please contact OCEG at info@oceg.org.
