GRC Brief: Information-based GRC

Just to clarify governance is simply proactively decided how much and what type of effort is needed for.

The important characteristics of digitalization are over-complexity, uncertainty, and ambiguity. Hence, GRC (governance, risk management, and compliance) becomes more critical than ever. Here's the context; how should GRC programs be approached? Should technology be a driver? Can you achieve any level of GRC without automation? Can you achieve any level of GRC without people? What is the real driver of GRC

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  Information-based GRC

Information-Savvy-Board The information savvy board agenda should be focused on the performance progress toward the goals, targets, schedules., etc, of the value maximization and performance acceleration. Information is the lifeblood and one of the most invaluable assets in digital businesses today, technology is often the disruptive force behind digital transformation. Therefore, the corporate board as one of the top leadership pillars need to become information...

Information-Fit A company that is dysfunctional in digital analytics is going to struggle to make the transition to the digital paradigm. Big Data and Predictive Analytics are at the top agenda in the majority of organizations. However, most of the businesses are still struggling to provide their users with timely answers to new and changed requirements, relevant, consistent information of sufficient quality at acceptable costs. How can Big Data make the organization...

Informational-Architecture A fine-tuned information architecture streamlines information flow to make sure that the right information is in the right place at the right time and shared with the right persons for making the right decisions. Information architecture is a structural information design technique of the various shared environments, more at the user face level, for how the information could be organized to make it searchable and usable by users, and how these data...

IT Governance With the exponential growth of information and often technology-led disruptions, IT has evolved significantly in running a high-performance digital business today. The digital paradigm means hyperconnectivity, interdependence, integration, and diversification. Digital technology is often the disruptive force behind change and information is permeating into every core process in modern organizations. IT management and IT governance are interdependent...

Information Governance The value of big data is only multiplied by good data governance. Big Data has big value, it also takes organization’s big effort to manage well and an effective governance discipline can fulfill its purpose, but does Big Data need “Big Governance”? There's a misconception that "data governance" is an inherently heavy weight process. Just to clarify data governance is simply proactively decided how much and what type of effort is needed for.

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Posted in: GRC,Information/Data Management,Sum UP