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Spring Journal

Volume 30, Issue 1

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Wednesday, 16 October 2013 14:55

Can’t See the [Risk] Forest for the [GRC Silo] Trees?

with Dan Zitting

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?