OCEG Foundation 2.0 "Red Book" Task Force

In early 2005, OCEG released the OCEG Framework version 1.0 (“Red Book”) -- the only publicly vetted model for integrated governance, risk management, compliance and ethics management (GRC).

This model has been recognized in academic journals, the Wall Street Journal, Business Finance magazine, Inside Counsel magazine, Treasury & Risk Magazine, Compliance Week and others. It is widely recognized for articulating the value of integrated GRC and demonstrating that it is possible to achieve this value.

After two years of use by organizations of various size and type, and receipt of feedback on that use, it is time to update the Red Book.

We are looking for a highly qualified group of in-house, academic and other experts from diverse industries and professions to integrate the many aspects of governance, risk management, compliance, internal control and ethics.

 

Project Objectives

1. Provide a forum for an inter-disciplinary and cross-industry group of experts to exchange and integrate their ideas into a unified approach
   
   
2. Enhance the content of the "Red Book" to:
   
   
• better address the governance and internal control aspects of GRC
• more specifically and visually map to existing standards and frameworks
• include more information about auditing and measuring the performance of GRC
• address new developments in the marketplace
• leverage 2 years of experience and user feedback about the “Red Book”
  
  
3. Streamline the “Red Book” and p rovide more guidance and tools to make the ideas easier to implement

How Would You Like to Be Involved?

Steering Committee Members

• assist the Co-Chairs to shape the final work product
• develop a specific topic or number of topics within the OCEG Foundation
• represent a specific professional “point of view” for the project (e.g., governance, risk management, compliance, ethics, internal control, strategy, measurement, etc.)
• help Co-Chairs determine whether the deliverables are ready to move to each subsequent development stage
• ideal participation (though not required)
  
• 3 online steering committee meetings
• 1 of 2 Full Task-Force face-to-face meetings
• 2 of 3 Full Task-Force online meetings
  

Task Force Members

• help the Steering Committee design and develop the work product
• provide raw materials, advice and critical thinking based on professional experiences
• ideal participation (though not required)
• 2 of 3 online meetings
• 1 of 2 in-person workshops
  

Review Committee Members