Strategic Governance, Risk & Reputation News September 24, 2013

Launch of GEC Risk Advisory Council

With this, our second GEC Risk Newsletter, we are very pleased to announce the launch of the GEC Risk Advisory Council made up of seven luminaries from the corporate, academic and non-profit sectors - among them CEOs, academic stars, non-profit and executive leaders in their respective fields. They are all trusted advisors, extremely smart, high integrity folks whom I am privileged to have as friends and colleagues. To meet them, please visit the new GEC Risk Advisory page on our website:

September is quickly coming to a close. As has become unfortunately usual, this month has witnessed a parade of governance, risk and reputation stories starting and ending seemingly with JP Morgan. The crowning story was the announcement by JP Morgan's CEO, Jamie Dimon, of a new "commitment to compliance" including a planned breathtaking expenditure of $4 billion and intended hiring of 5000 new compliance personnel over the next few years. All this, after mounting investigations, settlements and continuing threatened prosecutions from a variety of US and foreign government agencies. One can only ask: could a more strategic preventative governance, risk and reputation management plan (not just a compliance plan) have cost less and been overall more effective? And wouldn't a more strategic approach also be more enduring? 

I welcome your feedback at Please visit, follow me on twitter @GlobalEthicist or connect on Linked In at

Happy Fall or Spring wherever you may be!

Andrea Bonime-Blanc, CEO

New Conference Board Custom Executive Seminar:

Managing Global Risk & Reputation to Your Company's Advantage: A Multi-Disciplinary Interactive Seminar

December 10-11, 2013 - The Conference Board Center - New York, New York

Join us for a two-day interactive seminar for cross-functional and business executives charged with managing the most challenging risks and crises global organizations face today -- from supply chain and corruption to cybercrime and culture failure – and learn how to implement a more holistic strategic approach to global risk and reputation management based on the original strategic framework created by Andrea Bonime-Blanc, CEO of GEC Risk Advisory, who is the Seminar's Program Director. Speakers include: Brigida Benitez, Steptoe & Johnson; S. Prakash Sethi, University Professor Baruch College; Carmen Oveissi Field, Deloitte; Jacqueline E. Brevard, Merck & Co. (retired); Judith Young, Institute for Ethical Leadership; Jeffrey Gracer, Sive Paget & Riesel.

For more information and to register, please visit:

Read the two most recent GlobalEthicist Columns for Ethical Corporation Magazine on "Cyber-Insecurity" & "Risky Business"

In one of these columns, I tackle the issue of cyber-risk and "cyber-insecurity" and what the average senior manager, executive or board director (who isn't an IT or InfoSec expert) should do to protect their organization ( In "Risky Business" I lay out the big buckets of risk global organizations inevitably confront with an eye to understanding how those buckets of risk relate to reputation risk - see what you think:

Upcoming Events

September 30, 2013
Yale University
New Haven, Connecticut, USA
Guest Lecturer for classes on Global Compliance and Anti-Corruption

October 7, 2013
Society for Corporate Compliance & Ethics Annual Conference
Washington, DC, USA
Discussion Leader: "What to do when no one will listen"

October 13, 2013
NACD Annual Board Leadership Conference

National Harbor, Maryland, USA
Panelist "Trust but Verify: The Role of Skepticism in the Boardroom"

October 13, 2013
NACD Annual Board Leadership Conference

National Harbor, Maryland, USA
Panelist "Supply Chain Third Party Risk Management"

October 21, 2013
Columbia University School of International & Public Affairs

New York, New York, USA
Guest Lecturer on "Building Ethics, Compliance & Corporate Citizenship into Business Operations"

October 26, 2013
Public Relations Society of America Annual "One World" Meeting

Philadelphia, PA, USA
Panelist "When Legal & PR Counsel Collide, Can Ethics Come to the Rescue?"

November 15-16, 2013
The Northwind Professional Institute

Toronto, Ontario, Canada
Keynote Speaker: "Global Risks: The Old and the New: Corruption & Cyber-attacks"

November 19, 2013
The Conference Board Live Webcast
"A CEOs Perspective on CSR, Risk & Business Strategy"
A conversation with Hans Decker, Retired CEO & Chairman of Siemens USA
For more information on these events, please visit: 

"Adding Value through Strategic Governance, Risk & Reputation Management"

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