Holistic GRC: An operational imperative
Understanding and managing risk within the context of holistic GRC is the key to unlocking your competitive advantage. Yet, fewer than 15% of organizations worldwide have built mature GRC capabilities. Is your organization one of them?
Governance, risk and compliance (GRC) comprises a collection of capabilities that support organizations in achieving operational resilience and assists organizations in meeting their commercial objectives while ensuring legal compliance and ethical consciousness.
The overarching objective of the GRC framework is to eliminate information silos and create a holistic approach to risk management across these three functions that operate to inform corporate decision-making at all levels. The GRC model emphasizes interconnectedness to promote broader awareness and cultivate greater agility.
Effectively deploying this essential framework relies heavily on technology. But, because effective GRC processes are largely data-driven, careful attention must be given to the selection of a robust solution — grounded in comprehensive risk management — that permits the organization to have visibility across a multitude of critical GRC domains.
Our white paper by GRC experts Michael Volkov and Alexander Cotoia, both of the Volkov Law Group, explores:
- The three key elements of GRC and four steps to effectively deploy the GRC process
- How GRC encourages a more holistic approach to managing your organization's key activities
- Why maturing your GRC program requires a reliable technology
Download our white paper to find out why you should implement a comprehensive approach to GRC and discover additional resources to elevate your GRC maturity.
