About
Subscribe

ERM education necessary

Staff Writer
By Staff Writer, ITWeb
Johannesburg, 19 Jun 2007

The ITWeb Enterprise Management 2007 conference gets under way next month. The event is being held on 24 July at Gallagher Estate and will showcase some of the industry's top international and local professionals.

, risk, and (GRC) are major issues that have caught many organisations by surprise. With a myriad legislative changes occurring across the world and in SA, understanding compliance is becoming essential for effective enterprise management.

Amir Lubashevsky, director of Magix Integration, sponsor of ITWeb's Enterprise Risk Management conference, says: "ERM is still in its infancy in SA, because most companies are not looking at it in the context of corporate governance or best practice."

Lubashevsky adds the reason South African companies are falling behind in ERM is primarily because of a lack of education. "Companies are just seeing it as a sideline and mostly do as little as possible when it comes to ERM."

<B>ITWeb Enterprise Risk Management Conference 2007</B>

More information about the ITWeb Enterprise Risk Management Conference, which takes place on 24 July at Gallagher Estate, is available online here.

ITWeb's conference aims to address these issues and will evaluate how effective integration of risk management into enterprise and operational practices can create value for the organisation.

Michael Rasmussen, VP of governance, risk and compliance research at Forrester Research, is one of the international keynote speakers at ERM 2007. An analyst with more than 14 years of experience, Rasmussen will give delegates a first-hand look at issues pertaining to GRC in complex, distributed, and dynamic business environments.

His presentation will focus on how technology is changing business, and entire industries, by taking them from a state of risk ignorance to risk agility. It explores how technology will change risk management over the next five years and become a risk central nervous system to achieve risk agility within business.

Pravin Mulay, chief risk officer and head of risk management and compliance at KPIT Cummins Infosystems in India, and another of the international speakers at this year's conference, will explore the challenges of implementing information risk management (IRM) strategies and ways to manage them.

Mulay's presentation will cover the status of ERM in the industry in general, as well as the practical problems of implementing ERM, and explore the various facets of IRM by means of case study examples.

Share