Implement the Governance Design Framework
Assess the alignment of internal and external business relationships
Assess the capability of an existing governance group
Develop a prioritized action plan to improve an existing capability
Implement the Governance Design Framework
Assess the alignment of internal and external business relationships
Assess the capability of an existing governance group
Develop a prioritized action plan to improve an existing capability
Here is a breakdown of the training curriculum
Here is a breakdown of the training curriculum
In Q4 of 2013, several U.S. regulatory agencies like the Federal Reserve Board (FRB) and the Office of the Comptroller of the Currency (OCC) released new guidelines. This did two things that are applicable here. It expanded focus from pre-contract due diligence to include post-contract management, or governance. It also highlighted their specific concerns about the management of outsourcing relationships.
Since 2013, these guidelines have become the de facto standards for compliance and risk management of outsourcing relationships not only in the BFSI sector, but across industries and across the globe.
In Q4 of 2013, several U.S. regulatory agencies like the Federal Reserve Board (FRB) and the Office of the Comptroller of the Currency (OCC) released new guidelines. This did two things that are applicable here. It expanded focus from pre-contract due diligence to include post-contract management, or governance. It also highlighted their specific concerns about the management of outsourcing relationships.
Since 2013, these guidelines have become the de facto standards for compliance and risk management of outsourcing relationships not only in the BFSI sector, but across industries and across the globe.
"The OCC is concerned that the quality of risk management over third-party relationships may not be keeping pace with the level of risk and complexity of these relationships."
OCC Bulletin 2013-29
"The OCC is concerned that the quality of risk management over third-party relationships may not be keeping pace with the level of risk and complexity of these relationships."
OCC Bulletin 2013-29
Get advice from the experts
Get advice from the experts
On how to improve your Software today!
On how to improve your Software today!
Claritas est etiam processus dynamicus, qui sequitur mutationem consuetudium lectorum. Mirum est notare quam littera gothica, quam.
Claritas est etiam processus dynamicus, qui sequitur mutationem consuetudium lectorum. Mirum est notare quam littera gothica, quam.
Copyright 2016 Governance Academy
Copyright 2016 Governance Academy
The Yellow Belt - Governance Design course teaches the fundamentals of Governance and Relationship Management of outsourcing, shared services, GBS environments, and strategic suppliers. It provides a common vocabulary, philosophy, and consistent set of models for all resources involved in managing these complex relationships and their environments. It will guide you through the design process so you have a firm understanding of the components that make up a good design, that you understand key design considerations, and that you understand how the design components fit together to form a comprehensive operating model. These same methods and tools can also be used to assess and improve existing capabilities.
The Yellow Belt - Governance Design course teaches the fundamentals of Governance and Relationship Management of outsourcing, shared services, GBS environments, and strategic suppliers. It provides a common vocabulary, philosophy, and consistent set of models for all resources involved in managing these complex relationships and their environments. It will guide you through the design process so you have a firm understanding of the components that make up a good design, that you understand key design considerations, and that you understand how the design components fit together to form a comprehensive operating model. These same methods and tools can also be used to assess and improve existing capabilities.
At the end of this course, you will be able to:
At the end of this course, you will be able to:
Module 1 includes the definition of governance in outsourcing and shared services environments, the role of governance, and the overall functionality that governance groups must provide.
Module 1 includes the definition of governance in outsourcing and shared services environments, the role of governance, and the overall functionality that governance groups must provide.
Module 2 details the key operating model components that make up a strong governance capability including a blueprint for how those components fit together.
Module 2 details the key operating model components that make up a strong governance capability including a blueprint for how those components fit together.
Module 3 teaches a business-to-business relationship management model, its role in the governance design, and how it should be used to assess and align both internal and external relationships.
Module 3 teaches a business-to-business relationship management model, its role in the governance design, and how it should be used to assess and align both internal and external relationships.
Module 4 includes an overview of the 23 core governance processes and then focuses on key financial and contract process flows as well as their design considerations.
Module 4 includes an overview of the 23 core governance processes and then focuses on key financial and contract process flows as well as their design considerations.
Module 5 includes a detailed review of key performance, relationship, and issue management processes as well as their design considerations.
Module 5 includes a detailed review of key performance, relationship, and issue management processes as well as their design considerations.
Module 6 provides a helpful discussion of governance organizational structures, skills, and attributes as well as their design considerations.
Module 6 provides a helpful discussion of governance organizational structures, skills, and attributes as well as their design considerations.
Module 7 includes a discussion of basic governance reporting requirements, the role of enabling tools, and the functionality they should provide.
Module 7 includes a discussion of basic governance reporting requirements, the role of enabling tools, and the functionality they should provide.
Module 8 provides a review of the key models and core operating model components in preparation for the Yellow Belt Certification Exam.
Module 8 provides a review of the key models and core operating model components in preparation for the Yellow Belt Certification Exam.
Getting instruction is all well and good, but what about templates and sample deliverables? That's a good question because consultants dole out these precious documents slowly as they bill by the hour. That's not the case here. We not only provide downloadable templates and examples, we explain exactly how to use them to build out your own deliverables. These are the documents consultants start with to customize their deliverables. But now, you'll have your own Starter Kit of tools and templates, including:
Getting instruction is all well and good, but what about templates and sample deliverables? That's a good question because consultants dole out these precious documents slowly as they bill by the hour. That's not the case here. We not only provide downloadable templates and examples, we explain exactly how to use them to build out your own deliverables. These are the documents consultants start with to customize their deliverables. But now, you'll have your own Starter Kit of tools and templates, including:
Decision Rights Matrix
Functional Organization Chart
Process Descriptions
Process Flowcharts
Decision Rights Matrix
Functional Organization Chart
Process Descriptions
Process Flowcharts
Process-to-Role Matrix
Key Role Descriptions
Measurement Model
Reporting Requirements
Process-to-Role Matrix
Key Role Descriptions
Measurement Model
Reporting Requirements
"Financial institutions should ensure that personnel with oversight and management responsibilities for service providers have the appropriate level of expertise and stature to manage the outsourcing arrangement."
FRB’s Guidance on Managing Outsourcing Risk dtd Dec 5, 2013
"Financial institutions should ensure that personnel with oversight and management responsibilities for service providers have the appropriate level of expertise and stature to manage the outsourcing arrangement."
FRB’s Guidance on Managing Outsourcing Risk dtd Dec 5, 2013
I have been leveraging Governance Academy (GA) training for very specific reasons. As a sourcing advisor for many years I saw time and time again that classic governance skills typically came from a procurement or project management background. When attempting to govern complex technology managed service agreements individuals with these backgrounds struggled.
At Western Union I leverage Governance Academy training plus a governance services tool to form the foundation. I am then able to hire team members expert in the services they will govern.
Jim Hussey -- VP, Service Provider Governance, Western Union
I have been leveraging Governance Academy (GA) training for very specific reasons. As a sourcing advisor for many years I saw time and time again that classic governance skills typically came from a procurement or project management background. When attempting to govern complex technology managed service agreements individuals with these backgrounds struggled.
At Western Union I leverage Governance Academy training plus a governance services tool to form the foundation. I am then able to hire team members expert in the services they will govern.
Jim Hussey -- VP, Service Provider Governance, Western Union
Here's What People Are Saying:
Here's What People Are Saying:
Over 98% of students would recommend the course to their colleagues. Here are a few quotes:
Over 98% of students would recommend the course to their colleagues. Here are a few quotes:
"Framework provides a great idea of what governance is and why we need it"
"Framework provides a great idea of what governance is and why we need it"
"Provides solid foundational content around governance"
"Provides solid foundational content around governance"
"Excellent. The training was well organized with a great flow. Very informational!"
"Excellent. The training was well organized with a great flow. Very informational!"
"I wish I'd had this course 2 years ago!"
"I wish I'd had this course 2 years ago!"
"If outsourcing governance were a pool, other training companies talk about why people go to the pool, how you feel when you get to the pool, and what there is to do at the pool, but Mike taught us how to swim! "
"If outsourcing governance were a pool, other training companies talk about why people go to the pool, how you feel when you get to the pool, and what there is to do at the pool, but Mike taught us how to swim! "
100% Money Back Guarantee!
100% Money Back Guarantee!
Next class begins August 2017!
No questions asked. If the course doesn't meet your expectations, just request a full refund within 30-days!
Next class begins August 2017!
No questions asked. If the course doesn't meet your expectations, just request a full refund within 30-days!
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What about regulatory compliance?
What about regulatory compliance?