Speaker at CFG's Annual Conference 2012

1. The FD as leader on
Risk, Compliance
& Governance
Simon Hopkins
May 2012

2. “Accentuate the negative”
How do our colleagues view these
disciplines?
Are we given them for the wrong reasons?
The FD as leader on Risk, Compliance and Governance

3. Staying in the Game
FD as “rescue service”
…and a true story (part 1)
The FD as leader on Risk, Compliance and Governance

4. Winning the Game
Working without the burning platform…
•Attitude of your organisation
•Use of language
•The growth curve and the danger zone
•Some more war stories
•Influencing tactics
•The technical bit
The FD as leader on Risk, Compliance and Governance

5. Attitude of your organisation
Receptive? Indifferent?
Risk Or the
averse? opposite?
The FD as leader on Risk, Compliance and Governance

6. “We have to
complete this
return to the
Use of language Charity
Commission/
HMRC”
“Our
Audit/Risk/
[insert name
here]
committee
want us to fill
in this form” “Let’s set up a
committee to
look at this”
The FD as leader on Risk, Compliance and Governance

7. Or we could try this…
Some things are so important we tend to assume
that someone must be taking care of them. But we
simply can’t know everything that’s going on all
the time – so let’s organise ourselves so we know
systematically that the right thing is being done
and that everyone knows exactly what they’re
accountable for. How bad might it be if we all
assumed someone else was “dealing with it” and
no one actually was?
The FD as leader on Risk, Compliance and Governance

8. Or even this…
And while we’re at it, let’s make sure we remove
any ambiguity over who has the authority to do
what and that everyone understands exactly
where, when and how decisions need to be made.
By the way, writing things down will almost
certainly make us think about them in a
structured way and understand who’s doing
what.
The FD as leader on Risk, Compliance and Governance

9. The growth curve
“Just enough governance” – size matters
How do you ensure everybody’s actions and
accountabilities fit together seamlessly?
Governance and control tends to lag growth
Is it possible to have “over-governance”?
The FD as leader on Risk, Compliance and Governance

10. The “Danger Zone”
Size
Time
The FD as leader on Risk, Compliance and Governance

11. 2 more (short) war stories
•“Your people knew about it”
D
•From “intimate” to “corporate” –
recognising the tipping point C
The FD as leader on Risk, Compliance and Governance

12. Influencing tactics
Fit with business
War stories improvement &
& case “We scare
other tools
studies because we
care”
What’s
Find your
in it for
network
me?
The FD as leader on Risk, Compliance and Governance

13. The technical bit –
some observations
•Is your risk register dynamic?
•Do you use techniques such as BPR and use
these to break test key processes?
•Do you get things “right” by accident or
systematically?
•Do you have someone whose role it is to
horizon scan emerging legislation and
regulation?
•Do volunteers comply because they
understand? The FD as leader on Risk, Compliance and Governance

14. Changing the Game
Administrative or transformational?
Using the skillset
Compliance – passive obedience vs. effective design
and advocacy
A true story (part 2)
Call to arms
The FD as leader on Risk, Compliance and Governance

15. ANY
QUESTIONS?
hopkinss@bhf.org.uk
or via LinkedIn
The FD as leader on Risk, Compliance and Governance