Sunday, February 19, 2023


The flavor of GRC practices depends on the nature of the business and the level of the organizational maturity.

Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals. 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? Modern corporate boards play significant roles in guiding businesses in the right direction and achieve expected business results. Here are the multiple perspectives of shaping a strategic boardroom with digital acumen.

Initiatives of GRC

Initiativesofgrc Governance is about steering the organization in the right direction. Lack of governance effectiveness will expose the business to the high risk environment. The flavor of GRC practices depends on the nature of the business and the level of the organizational maturity. Good governance is less about structures and rules than being focused, effective and accountable. The key dimensions of corporate GRC are accountability, strategy oversight, policy-enforcement, risk intelligence, compliance enhancement, and performance monitoring

Initiativesofgrc We can't and won't be able to predict or manage every turn or twist of the business, GRC is about improving the maturity of the entire organization. For an organization embarking on a GRC journey, effective GRC should sustain the transformative change in business via checkup:Does the company have a business plan, fully developed, showing where the checkpoints and balances are? Does the plan describe how to not only implement strategic decisions but also how to monitor success. Establish holistic governance across disciplines spanning the entire value chain, build GRC principles for improving strategy management effectiveness, and accelerate business performance.

Initiativesofgrc Due to frequent disruptions and fierce competitions, organizations today need to constantly improve the business and see change as an opportunity. Governance is the structure and process of authority, responsibility, and accountability in an organization to enforce business management.

InnovategrcEnterprise becomes more complex than ever, uncertainties and complexities are a common occurrence in any walk of human progress. GRC are a set of complex processes that, if well executed at the different levels of organizational hierarchy, will lead to decision coherence and business effectiveness.

InitiativesofGRC Upon “VUCA '' reality, the intention for proactive change and radical innovation will make governance agiler and interdisciplinary. Organizations have been seeking to improve their ability to define and communicate clear, consistent, enterprise-wide GRC

The “Future of CIO” Blog has reached 10 million page views with 10500+ blog postings in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify your voice, deepen your digital footprints, and match your way for human progression.

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