The purpose of the GRC (governance, risk management, and compliance) is to improve business performance through the creation of value to stakeholders.
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?
GRC Disciplines
Innergovernance Governance is neither linear nor single dimensional nowadays, it should be understood via multidimensional lens such as innovation, people, and multidimensional value perspectives, and get enforced holistically. The purpose of governance is to steer the organization in the right direction. It provides monitoring, measuring, and enforcement mechanisms to corporate management. The corporate governance rules and principles need to be followed to...
GRC Discipline With rising digital tide and cascade change waves, the business ship must get to the digital world to grow and innovate. With high velocity and frequent disruptions, you don't have any choices but to change your sails to move forward. GRC discipline is more crucial in today's digital dynamic. Consideration of your current governance maturity-where you are today and how far fast you might change things, coupled with a good definition of roles/responsibilities...
Innovate GRC The context for corporate governance includes a wide range of circumstances and capabilities which are subject to constant organizational variability. The purpose of the GRC (governance, risk management, and compliance) is to improve business performance through the creation of value to stakeholders. GRC discipline is more crucial in today's digital dynamic. One of the problems with views in the enterprise either via management or governance...
Innovation Governance Governance, risk, and compliance are not a single process, but a continuum via a collection of cohesive processes with other governance mechanisms such as roles and technologies. Innovation is a managed process of transforming the novel idea to achieve its business value. Innovation governance is to advocate, steer, and sustain innovation efforts to achieve business value. If innovation management is like the pedal to accelerate speed,...
Impactful Digital Board The modern board needs to be open-minded, foresightful, knowledgeable, innovative, gap-minding and committed to practicing the dual role of guidance and governance effectively. The fast-paced changes and overwhelming growth of information bring both significant opportunities for business growth and unprecedented risks businesses have to deal with. Organizations today are not mechanical systems that keep spinning in a static business environment,...
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