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GRC Professional : GRC Autumn 2013
15 We've become addicted to winning sporting teams. For a sports-mad nation that expects nothing less than victory and gold, and hails elite athletes as heroes, its sporting reputation was in danger of being shredded. The headlines and cloud of scandal threatened millions of dollars in sponsorship and implicated even innocent athletes by association. All this happened at a time when the country's sporting prowess was already under the microscope due to the tawdry behaviour of male members of the Olympic swimming team, which was believed to be responsible for their less than stellar performance at the London games. A number of Australian cyclists had also been accused of the same kind of cheating as disgraced former seven-time Tour de France winner Lance Armstrong and the use of illegal performance- enhancing drugs. They were at the centre of the Wood Review into cycling, which identified governance shortcomings as central reasons for failures in the competitive, business or ethical standards in the sport. Australian cricket has not been without scrutiny either, with suspicions raised about m atches being thrown a nd players providing sensitive information to bookmakers. In the months since the bombshell doping report, appropriately na med Project Aperio (Latin for 'to lay bare'), clubs, teams, officials and sporting bodies have taken a hard look inside their organisations -- with some sports, such a s football, outing their culprits. The extent of the illegalities and the sporting codes involved is still unravelling, but with the spotlight on coaches, sports scientists, administrators and boards, a fuller picture is emerging of the culture and business of Australian sport -- shining light on how winning at all costs and taking unacceptable risks has come at the expense of compliance and good governance. X GRC Manager Risk and Compliance Software Automate and improve visibility of your GRC program, enterprise-wide. If you face a challenge in convincing your Board and Executive Committee that investment in a software solution is worthwhile and will provide benefits, rather than just being an unnecessary expense, ask us for a copy of our paper - The Case for Investing in a Web-Based Risk and Compliance Management Software Solution t: 1300 513 107 w: www.saiglobal.com/compliance e: firstname.lastname@example.org
GRC Summer 2013