The Value Alliance and AthenaOnline Join Forces to Address the Issue of Risk Aversion in Boardrooms and Corporations

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On January 23, 2007 Eleanor Bloxham, CEO of The Value Alliance and strategic governance authority will explain how audit committees can use the findings from internal audit's internal control efforts and the work of risk officers in enterprise risk management to shape innovative future strategies.

I am pleased to have an opportunity to present this webinar

Post Sarbanes-Oxley, some corporations and business groups have said implementation of Section 404 of the Act has caused corporate officers and board members to become "risk averse" -- and that this has hurt the performance of US firms. The question for boards and corporations is how to build a bridge of trust with shareholders and address their risk concerns while avoiding a culture averse to risk-taking.

On January 23, 2007 The Value Alliance in association with AthenaOnline will present a webinar entitled "The Audit Committee and Its Impact on Strategy" to board and audit committee members, along with members of the 130,000 member organization of the Institute of Internal Auditors.

In that webinar, Eleanor Bloxham, CEO of The Value Alliance and strategic governance authority will explain how audit committees can use the findings from internal audit's internal control efforts and the work of risk officers in enterprise risk management to not only assess risk but to shape innovative future strategies.

"In this webinar, we will present some of the conversations from Conversations that Build a Bridge of Trustâ„¢, a video series we have co-produced with The Value Alliance," states Jon Peters, CEO of AthenaOnline. "We see this webinar as an opportunity to share the wealth of knowledge in the video series and Eleanor Bloxham's particular insights into solving this corporate problem."

"I am pleased to have an opportunity to present this webinar," states Eleanor Bloxham. "Our mission is to build a bridge of trust between management, board, shareholders and all stakeholders. Using risk assessments as a tool for better strategic development and oversight is in the best interest of all these constituents. Shareholders need corporations to take risks - and to do it in an informed way. The solution is not to eliminate risk analyses -- but to use them to drive value, improve strategic development, and create more effective relationships that build a bridge of trust among all stakeholders."

In addition to attending the webinar, participants will also gain access to a free trial subscription to Conversations that Build a Bridge of Trust.

ABOUT CONVERSATIONS THAT BUILD A BRIDGE OF TRUSTâ„¢

Conversations that Build a Bridge of Trustâ„¢ is an educational series of conversations with Eleanor Bloxham and directors, CEOs, institutional investors and the Presidents and policy heads of the major governance organizations today. Today, over 600 videos and related transcripts are available on governance and value topics, in this growing library.

ABOUT ATHENAONLINE

AthenaOnline is a premier publisher of multimedia training, education and career development products. Athena was founded as a sister company to the Institute for Management Studies (IMS), with a mission to leverage technology to deliver business E-Knowledge when and where individuals need it.

ABOUT THE VALUE ALLIANCE AND CORPORATE GOVERNANCE ALLIANCE

The Value Alliance and Corporate Governance Alliance is a leading board educational and advisory firm led by strategic governance authority Eleanor Bloxham. The mission of the firm is to build a bridge of trust between board, management, shareholders and all stakeholders.

This press release was distributed through eMediaWire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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