Under Control

Business and public sector leaders today face an unprecedented challenge of compliance and risk management. A long-standing trend toward increased regulation became a flood with the economic crisis of 2008. Combined with the clamor for improved enterprise risk management and the growing complexity of multi-national compliance, these conditions present executives with a dramatically new and confusing array of questions and challenges. Governance should offer solutions, but it is increasingly clear that yesterday's governance practices aren't up to the task. In both design and implementation, they are too disconnected and incomplete to fully address our complex compliance and risk management puzzle. Executives get only fragmented views of their true business performance, and inefficiencies drive up costs. We at CA can look at this challenge with a unique perspective. As Computer Associates, our company directly experienced the consequences of inadequate governance, including an investigation in 2002 that resulted in an agreement with the government to improve accounting and other business processes.