Grant MacKinnon’s Post

Are you investing in your most valuable asset - your people? In the current rapidly evolving business environment, HR and #risk professionals must embrace innovation and collaboration to effectively manage both people and business risks. Following is topical information from #MercerMarsh #Benefits regarding the most significant #PeopleRisks facing organizations and strategies on how to proactively manage them. #Risk #FutureofWork #HR #RiskManagement

To address growing people risks, organizations need to create a culture of risk management, performance and employee wellbeing. https://bit.ly/3Ziz582 James Crask discusses how employers can cultivate shared goals and values to create a resilient organization. #wellbeing #RiskManagement #risk #culture

NAVEX Global's 2024 Regional Whistleblowing & Incident Management Benchmark Report provides crucial insights to proactively manage regional risks and promote a culture of compliance by utilizing anonymized whistleblowing data . https://lnkd.in/g-aKKbMC #whisltleblower #incidentmanagement #compliance #risk #countryrisk #apac #esg

People risks are a challenge that transcends any one part of your organization. https://bit.ly/3KWraom Explore how HR and risk professionals can work collaboratively across businesses in our new people risk research. #risk #RiskManagement #HR

To address growing people risks, organizations need to create a culture of risk management, performance and employee wellbeing. https://bit.ly/4ckUGQX James Crask discusses how employers can cultivate shared goals and values to create a resilient organization. #wellbeing #RiskManagement #risk #culture

To address growing people risks, organizations need to create a culture of risk management, performance and employee wellbeing. https://bit.ly/4d971HU James Crask discusses how employers can cultivate shared goals and values to create a resilient organization. #wellbeing #RiskManagement #risk #culture

Comprehensive #corporate governance is not just about #regulatory #compliance; it’s the foundation of sustainable #growth and a positive corporate culture. In today’s rapidly transforming business landscape, embracing sound governance practices is crucial for building credibility and securing long-term success. I have found that key elements include a diverse and independent board that ensures balanced decision-making and clear roles that avoid #conflicts of #interest. Transparency is vital, timely and accurate reporting builds trust, while open communication channels with stakeholders enhance accountability. A strong #ethical #culture, led by example from the top, is essential. This includes a code of conduct that guides behavior and resilient internal controls to prevent fraud and mismanagement. Stakeholder engagement is also critical, particularly in protecting #shareholder #rights and incorporating inclusive #policies. Risk management and compliance frameworks are necessary to navigate challenges, but governance must go beyond this, it should align with #sustainable practices and long-term #strategic #vision. Regular reviews and continuous improvement are key to adapting to the changing business environment. By implementing these principles into our corporate #culture, we not only meet but exceed governance standards, positioning ourselves as leaders in the local and global markets. #corporategovernance #sustainability #ethicalleadership #transparency #riskmanagement #stakeholderengagement #vision2030 #saudibusiness #boarddiversity #longtermgrowth #compliance #corporatesuccess

Navigating the intricate landscape of #governance, #risk, and #compliance is a paramount concern for organizations across industries. Proactive measures to mitigate potential pitfalls and foster a culture of #accountability are essential for long-term #sustainability and #success. Embrace a holistic approach that seamlessly integrates robust #policies, #procedures, and #controls to safeguard your operations. Leverage cutting-edge #technology and #dataanalytics to gain invaluable insights, enabling informed decision-making and fortifying your #riskmanagement strategies. Cultivate a #compliancemindset within your workforce through comprehensive #training and #awareness initiatives. Empower your team to be vigilant guardians, upholding #ethicalstandards and #bestpractices across all facets of your organization. Stay ahead of the curve by actively monitoring #regulatorylandscapes and adapting swiftly to evolving #compliancerequirements. Collaborate with industry experts and thought leaders to gain a competitive edge in navigating the ever-changing terrain of #governance, #risk, and #compliance. #BusinessResilience #CorporateGovernance #RiskMitigation #ComplianceManagement #EthicalLeadership #StrategicPlanning

The $1 Billion Question: Can your Company Afford Not to Have a Whistleblowing Policy? As business leaders, we know that effective corporate governance is crucial for long-term success. But how can we ensure accountability in the boardroom? Implementing robust whistleblowing policies is key! Why it matters: Early detection of misconduct Risk management and mitigation Compliance with regulations Employee empowerment and engagement Reputation protection 5 essential components of effective whistleblowing policies: Confidentiality and anonymity Independent investigation No retaliation or retribution Clear reporting channels Timely response and follow-up Benefits for board members: Enhanced oversight and decision-making Reduced liability Improved governance and transparency Better risk management Stakeholder trust and confidence Develop and communicate clear policies Train employees on reporting procedures Designate responsible officers Regularly review and update policies Encourage anonymous feedback How does your organization prioritize boardroom accountability? What best practices have you implemented? Share your experiences and insights! #CorporateGovernance #Whistleblowing #BoardroomAccountability #Ethics #Transparency #Compliance #RiskManagement #Leadership

People risks are a challenge that transcends any one part of your organization. https://bit.ly/3VoVvAE Explore how HR and risk professionals can work collaboratively across businesses in our new people risk research. #risk #RiskManagement #HR