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GRC Professional : GRC Autumn 2013
8 GRC Professional • Autumn 2013 The second annual GRC Conference on 30 October - November 1 in Melbour ne, is taking shape with a stellar list of speakers confirmed. Dave Carroll, the Canadian musician behind the viral YouTube music video United Breaks Guitars will speak on the topic of consumer advocacy and the risks organisations face in an age of intense social media innovation. Carroll posted a protest music video on YouTube in response to his frustration when seeking compensation from United Airlines after the carrier broke his guitar in transit. Within days, millions of people around the world had watched his video, making it a viral hit which propelled him into the media spotlight and sent United's shares dow n 10 per cent. His stor y highlights how one person can use the power of social media to bring a company to account and reveals the potential consequences of inaction on brand and reputation. In sharing his story and his subsequent work in consumer advocacy, Carroll will discuss how organisations can safeguard against social media uprisings and explore whether social media is an insurable risk. GRC2013 will also feature keynote presentations from Greg Medcraft, Chairman of the Australian Securities and Investments Commission, and Tim Costello, Chief Executive of World Vision Australia, who is renowned for his views on social justice issues and leadership. Also taking the stage are Major General Jim Molan AO DSC, Sandra Birkensleigh, Non-Executive Director at MLC, Annette Donselaar, Global General Counsel and Chief Compliance Officer at ACE Life and Amanda Morgan, General Manager Audit at NAB. Delegates at this year's conference will also have the opportunity to network with key decision makers and professional colleagues while developing their skills and knowledge in an environment that encourages intelligent debate and thought leader ship. More information and updates are available at w w w.grcconference.com.au Stellar line up of conference speakers The Federal Government repealed more than 1,000 obscu re regulation s within the Attor ney General's department in April in its effort to cut red tape. More than 12,000 regulations will be repealed by the end of this year. "Unnecessary regulation causes frustration and imposes costs on business, the community and individuals," Attorney General Mark Dreyfus QC says. The oldest of these laws was made in 1967 when Harold Holt was Prime Minister. These reforms are in addition to the COAG Seamless National Economy (SNE) agenda. The Productivity Com mission estimated just over half of the Government's SNE reforms will save businesses $4 billion each year. Regulations repealed to cut red tape ACI NEWS Greg Medcraft Dave Carroll Tim Costello
GRC Summer 2013