Integrating ESG and Organisational Resilience through System Theory: the ESGOR matrix
This paper aims to develop a conceptual framework that jointly considers Environmental, Social and Governance (ESG) factors and organisational resilience (OR) components to ameliorate organisations’ understanding of sustainability’s overall requirements and related decision-making processes.
Organisational Resilience Building in Small and Micro Enterprises under the VUCA Environment
Small and micro enterprises (SMEs) encounter big blows while operating in VUCA (Volatility, Uncertainty, Complexity, Ambiguity) environment as a result of their resource constrains and external dependencies. This study build a conceptual model that links organized performance to the elements of external environmental factors, internal resources, resilience capabilities, and the contribution of resilience building to SMEs. From systematically reviewing literature on VUCA and organisational resilience theories, the model specifies the pathways of how SMEs adapt and thrive in continuously changing (VUCA) conditions.
Risk Trends 2025 – IRM
Driven by the explosion of technological advancements and increasing global uncertainties, we need to look at what the key shifts in risk are and how practitioners should prepare themselves, and their organisations, for the future. The ability to anticipate and respond to these fast moving developments will be crucial for risk practitioners in 2025.
Data Governance Essentials Handbook
Definitions of Data Governance are numerous. However, they agree on a key principle - that it’s dedicated to the organisation of people, processes, and technology to enable effective data management.
Going Digital: Guide to Data Governance Policy Making
The Going Digital Guide to Data Governance Policy Making (hereafter the
Guide) aims to advance the development, revision and implementation of policies for data governance, by helping to overcome key related policy tensions. Addressing the complexities arising from the nature of data as an intangible infrastructural resource of global strategic importance, the Guide helps policy makers design effective, technology-neutral, forward-looking and coherent data governance policies across sectors, policy domains and jurisdictions. It proposes a set of questions and highlights promising policy approaches based on three policy tensions and objectives that characterise
data governance policy making: 1) Balancing data openness and control while maximising trust; 2) Managing overlapping and potentially conflicting interests and regulations related to data governance; and 3) Incentivising investments in data and their effective re-use.
Data Governance – Providing Assurance regarding Data Risk Management
While the concept of risk related to data ethics is relatively new, Chief Audit Executives (CAEs) predict that its relevance will grow rapidly over the next five years. Complexity in the collection, analysis, and use of data is expanding rapidly, complicated by artificial intelligence.
Data Governance: A conceptual Framework, Structured Review, and Research Agenda
Data governance refers to the exercise of authority and control over the management of data. The purpose of data governance is to increase the value of data and minimize data-related cost and risk. Despite data governance gaining in importance in recent years, a holistic view on data governance, which could guide both practitioners and researchers, is missing. In this review paper, we aim to close this gap and develop a conceptual framework for data governance, synthesize the literature, and provide a research agenda.
Data Governance and Data Policies at the European Commission
Data governance sets out a framework with clear roles, and the responsibilities and interdependencies of those roles.
Data policies introduce common principles, guidance and working practices in the areas of data management, data interoperability
and standards, and data quality. Equally important are the areas of data protection, information security and intellectual property. However, these are not the focus of this document. Corporate data policies do not specify detailed processes. This allows Directorates-General (DGs)/services to organise themselves in the way that best suits their internal organisation,
while ensuring coordination and alignment across the Commission, including its executive agencies.
Navigating Complexity: The Role of Risk Maturity Models in Modern Business
In an era marked by unprecedented uncertainty and interconnected risks, organisations are increasingly turning to risk maturity models as a strategic tool to bolster their resilience and competitiveness. Effective risk management is crucial for survival and success, and this is where risk maturity models come into play.
Corporate Governance Principles for Banks (BCBS)
Effective corporate governance is critical to the proper functioning of the banking sector and the economy as a whole. Banks perform a crucial role in the economy by intermediating funds from savers and depositors to activities that support enterprise and help drive economic growth. Banks’ safety and soundness are key to financial stability, and the manner in which they conduct their business, therefore, is central to economic health. Governance weaknesses at banks that play a significant role in the financial system can result in the transmission of problems across the banking sector and the economy as a whole.