5 Steps to Integrating Governance, Risk Management and Compliance Activities Across the Organization
Governance, risk management and compliance (GRC) efforts are often spread across an organization. Each department takes a different approach with its own systems, technologies and tools to engage in risk management activities. Senior management is often stymied in trying to get a clear picture of risk across the organization, having to compare apples and oranges served up from various silos of GRC activity.
Without a consistent way to look at the universe of risk across the organization, how can you weigh impact and likelihood and keep up to date on ever-changing risk profiles?