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 Auditing Culture - Linking Culture and Corporate Strategy

Chapter Event
3/6/2019 8:00 AM
3/6/2019 10:00 AM
MNP - 111 Richmond Street West, Suite 300, Toronto, ON, M5H 2G4 | Canada - Ontario

Session Overview

A well known expression “Culture eats Strategy for Breakfast” highlights why organizations are increasingly recognizing that the right culture can create a competitive advantage and the wrong culture can be a risk.  Even as organizational culture is discussed more frequently in business, it is often misunderstood.  In simple terms, culture is best thought of in terms of behaviours and is often expressed as ‘the way we do things around here’.

As more organizations seek to build and strengthen the right culture, auditors are asked to understand the role organizational culture plays in the organization, and to review culture change programs for their effectiveness.  To do this, it is important to understand that there is a ‘fit for purpose’ connection between culture (i.e., behaviours) and business direction. This means that there is no one best culture for every organization, and the right one has the right behaviours that best support business direction and goals. 

Auditors should be looking for a connection between the organization’s strategy and the organization culture.  Auditors should also be able to understand the influence that leadership behaviours and management systems have on culture. Is a strategy of intelligent risk management seen in manager behaviours and the overall culture?  Do processes, procedures, and performance measures support the desired behaviour? Is there a misalignment between strategy and systems, creating risk for the enterprise?

Internal audit has an opportunity to support purposeful and effective corporate culture change.  This starts with understanding what good culture change looks like and how it happens.

Learning objectives for the session include the following:

·        Understand the connection between management ‘systems’ and behavior

·        Develop practical approaches to audit risk culture

·        Understand core concepts to be able to respond to questions that board members and regulators are asking

·        Understand some of the common causes of risk culture problems, and what organizations are doing to address them

Speakers –    Kathy Parker, MNP & Roderick Barrass, MNP

Kathy Parker is a Partner with MNP’s Toronto Consulting practice and is a leader in our Organization and People practice. Drawing on more than 21 years of consulting experience, Kathy helps clients to develop strategies and tactics to change organizational culture to better align with business direction (e.g., to promote greater customer focus and stronger focus on high performance), design new organizational structures, and manage large scale organizational changes. She also helps organizations develop talent strategies to get and keep the best people and define and build the skills and capabilities needed for their businesses through creating effective leader development and learning programs.

Kathy led the national organizational change practices and culture service offerings in a global management consulting firm.  She also served as the global leader for culture services and helped to develop and launch a revitalized culture service offering for clients four years ago in the same global firm.  This included assisting with the definition of a new culture assessment diagnostic tool, as well as the development of an approach to shifting and changing culture.


Roderick Barrass is a Senior Manager in MNP’s Toronto Consulting practice and is in our Organization and People practice.  He has over 15 years of experience in the human capital and organizational effectiveness domain and has extensive experience managing change and transformation projects.  Roderick has his Project Management Professional (PMP) certification and combines this discipline with his collaborative, results oriented approach to effectively manage organizational effectiveness engagements.  Recently, he led a large scale culture assessment in a complex public service environment.  His experience managing projects includes topics of technology change, org design, capability assessments, and process change.

Roderick holds a BSc and Master of Arts (Industrial/Organizational Psychology) from the University of Waterloo.

Registration

As space is limited, please pre-register on-line at the website noted below. Late registrations may not be accommodated due to space limitations.  Substitutions are welcome.   

To register online, please visit the event website: http://www.eiseverywhere.com/377015

Phone: 416-223-5326
Email: administrator@iia-toronto.org

Venue

MNP - 111 Richmond Street West, Suite 300, Toronto, ON, M5H 2G4

Registration, Light Breakfast and Networking: 8:00 a.m. – 8:30 a.m.

Presentation and Q&A:  8:30 a.m. – 10:00 a.m.

Cost

IIA Toronto Chapter Members - $64.99 (Plus HST)

Non-Members - $76.99 (Plus HST)

Students – Free if a valid student ID card is presented at the event

CPE: 1.5 credits

Please Note:  There is a cancellation policy in effect.​​​

This Event Is Generously Sponsored By

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