Discovery

The Discovery phase is the due diligence exercise that provides a structured view of the organisation's governance environment.

The framework of our Discovery phase and the resulting report includes:

• Compliance regime covering key areas (RLSFPPA)
• Controls coverage (type of control, effectiveness, self assessment, scheduling, ownership and accountability, reporting)
• Monitoring (CSFs, KPIs, operational metrics)
• Reporting
• Automation and workflow
• Audit and logging of governance and supporting processes
• Policy coverage and linkage (RLSFPPA)
• Governance process maturity assessment of governance processes
• Risk management (identification, treatment and rationalisation)
• Organisation structure (segregation of duties), culture, communications
• Principles vs. rules based governance adoption
• Framework refresh (RLSFPPA)

The Discovery phase may be used for a wide range of investigative purposes from ongoing monitoring and improvement to large organisational transactions such as outsourcing, insourcing and mergers or acquisitions. Some organisations may have recently completed an audit - in this case we can validate the audit findings using our framework.