Governance, risk management and compliance (GRC) combine three business areas critical to the daily operations of today’s organizations, each with a rapidly evolving landscape of its own. As the nature of this dynamic suggests, board members and risk, audit and compliance (RAC) teams must weave their efforts together to establish a holistic GRC function within an organization. However, GRC strategies and initiatives are too often driven by siloed RAC functions, which are, in turn, siloed from the board – the leaders responsible for governance. These unintegrated GRC efforts expose organizations to enormous risks and gaps in strategic decision-making.
This guide highlights best practices that RAC professionals and boards can enact within their organizations, creating a holistic view of GRC and paving the way for continued success:
- How risk, audit and compliance teams can effectively articulate their vision and value
- How boards can take a proactive, rather than reactive, approach to risk and compliance
- How to break down risk, audit and compliance silos
Download this actionable guide today.