Ensuring you do not lose your sleep over the ever increasing demands of Governance, Risk Management and Compliance
Governance, transparency and accountability reforms which followed the corporate failures in recent years have dramatically changed today’s business environment. Today, organisations across the globe face new governance requirements, higher compliance standards and ever increasing stakeholder expectations.
Organisations need to integrate their GRC activities to protect and create value. In the past, both management and the Board have viewed GRC as isolated and separate functions. This has resulted in diluted accountability, communication breakdowns, redundancies and confusion. As stakeholders’ demand for integrity has increased, these gaps can impact the value of a business.
New definitions, requirements and standards are emerging, both internally and externally, forcing the Board and management to rethink their roles, responsibilities and the discrete relations between GRC activities.