Canadian Lawyer InHouse

INHOUSE: How do you view and manage risk in your organization? ees and manufacturing facilities in 17 dif- ferent countries and products distributed, the risks are varied and the challenges are different almost daily. It is definitely a challenge to figure out which one you have to deal with. We do have a very well- AV MAHARAJ: We have varying risks around the world. With approximately 33,000 employ- developed enterprise risk-management system and that' proud of and something I am actively involved in and leading the charge, as it were, for the international operations for Kellogg Co. s something we are very and one of 'What are some of the most pressing VETA T. RICHARDSON: We recently completed a 2011 census and a survey of chief legal officers the things we asked was: issues that you have to grapple with in your departments?' The top three issues they are focused on were compliance in an increasingly regulatory environment that' s worldwide in scope, keeping their arms around what's going on within their company, and just keeping apprised of all the activities enterprise-wide. That' general counsel say they are focused on in terms of risk. s what NATHALIE CLARK: I don't have a tra- ditional role traded company. My role Tradition Business A of Whether conducting business in Canada or across the globe, Aird & Berlis LLP understands the realities of your work. Our clients benefit from the firm's solid relationships with major institutions, government authorities and renowned national and international law firm affiliates. We combine the depth and strength of Canada's largest firms with the creativity and effectiveness of smaller firms. Count on us for legal counsel from a business perspective.® Eldon Bennett Managing Partner ebennett@airdberlis.com 416.865.7704 role of lobbyist. I do head a committee that is comprised of all the general coun- sels within the big financial institutions. We identify issues that are industry-wide that need our attention and representa- tion before various levels of governments, whether federal or provincial. I also head the fraud and security typically see in a large publicly is mainly a that you would department at the association. So my role as a general counsel is very broad. I am part of the management team and I'm responsible for risks. The risks that we face as a trade association are mainly risk associated with media. So there is reputational risk for the industry, but risk associated with regula- tory compliance with lobbying legislation, which is quite sophisticated, as well as competition risks. ar facility, we need to understand what those risks are and effectively manage that risk. We are very, very good on the operational side at managing risk. We are moving towards better managing risk on the non-operational side, whether that' BRIAN HILBERS: One of our core competencies is managing risk. As you can imagine, in a nucle- Brookfield Place, 181 Bay Street T 416.863.1500 F 416.863.1515 Suite 1800, Box 754 Toronto, ON M5J 2T9 www.airdberlis.com financial risk, reputational risk, safety risk, etc. From my perspective, the biggest issue today is trying to get ahead of those risks, trying to put in place the processes and procedures and putting in place a culture that we are able to actually effectively manage risk as an organization. s complex care to very, very sick children. I think our journey sounds much like MEGAN EVANS: Risk is something that we know quite well in the sense that we are providing very 20 • AUGUST/SEPTEMBER 2012 WWW.CANADIANLAWYERMAG.COM/INHOUSE ntitled-2 1 8/25/11 12:01:27 PM INHOUSE

• Cover