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Change Leadership Authors: Jason Bloomberg, Charles Araujo, Sharon Drew Morgen

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MEGA Identifies Top GRC Challenges

MEGA will present a special webinar on September 4 on GRC challenges featuring Michael Rasmussen, who is an internationally recognized leader in the GRC community. Rasmussen will speak on The Greatest GRC Challenge: Evolving Business, Risk, and Regulatory Environments.

As GRC strategies mature, an integrated approach to change management has been identified as critical for large organizations. Changes in external risk environments and within the business, as well as regulatory changes affect how GRC programs are designed, modified and implemented.

“Just because a GRC strategy worked once for compliance, risk management or audit programs, the pace of change in business has accelerated so dramatically that organizations need to reevaluate their programs continuously,” explained Rasmussen. “There are many effective strategies for managing change in a GRC context, ones that will keep the company efficient and responsive.”

The September 4 program, at 1 pm EDT, will explore ways that companies are successfully keeping their GRC activities current, nimble and responsive to business needs. Rasmussen, who helps organizations improve GRC processes, will discuss how to effectively and efficiently manage change in the context of GRC.

Rasmussen currently serves on the Leadership Council of OCEG and chairs the OCEG Technology Council. He is an Honorary Life Member in The Institute of Risk Management for his contributions to risk management and GRC.

Rasmussen has been quoted extensively in the press and is respected for his commentary on broadcast news channels. Treasury & Risk recognized him as one of the 100 most influential people in finance with specific accolades noting his work in Governance and Compliance: Saving the Planet and the Corporation’ and as a ‘Rising Star in Rocky Times: Corporate America’s Outstanding Executives.

MEGA’s broad range of integrated software solutions are powered by the company’s HOPEX platform. They are used to solve critical business challenges and achieve effective enterprise governance. MEGA solutions help companies manage enterprise complexity by providing a thorough, shared and interactive view of the entire business, its assets, processes and risks. This comprehensive information helps executives and managers better navigate and implement change.

Four of the MEGA solutions were designed for specific GRC functions: enterprise risk management, compliance, internal control and internal audit. Companies use them to create a robust and efficient corporate governance framework. Through integrated workflows, pre-packaged reporting and embedded alerts and notifications, MEGA software streamlines data capture, information exchange, validation and decision making, paving the way for more efficient, less costly corporate governance.

The company’s solutions are referred to as a business GPS, because they help organizations understand where the company is, where it wants to go, the best routes, and options to handle risks or detours along the way.

MEGA customers include Aetna, Choice Hotels, The College Board, Nissan, Procter & Gamble, Starwood Hotels and Walgreens.

The company has been cited in numerous analyst reports on GRC. MEGA’s CEO, Lucio de Risi, was just named a trailblazer in GRC by The National Law Journal. Other citations of MEGA solutions include The Forrester Wave: Governance, Risk, and Compliance Platforms, Q1 2014, Gartner Inc.’s Magic Quadrant for Governance, Risk and Compliance Platforms (September 2013) and Continuity Insurance & Risk Magazine’s Risk Assessment Software Report. It has also been named a leader for multiple years in analyst reports on enterprise architecture (EA).

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