Any fool

GRC Innovation, Simplicity & Directions

It has been stated that:

Any intelligent fool can make things bigger, more complex and more violent. It takes a touch of genius – and a lot of courage to move in the opposite direction.[1]

A primary directive of GRC 4.0 is to provide GRC processes and information that is innovative, contextually intelligent, assessable, an engaging. GRC done right minimizes its impact on the business while still maintaining insight and control of risk across the business. GRC should be intuitive to the business and GRC technology should provide the right information in a way that works for the business.

GRC architecture, and particularly technology, should never get in the way of business. Why do some enterprise GRC projects take two years for just the initial implementation to be built out?  The primary issue is overhead in extensive services and technology customization to integrate and develop massive GRC implementations that end up slowing the business down and delaying value (if value is ever achieved).  There is a huge gap between being functional and agile in some legacy GRC technology solutions on the market.  GRC architecture is to be beyond functional to be agile and valuable to the business. GRC architecture is to deliver harmonious relationship or GRC information that supports the business. GRC is to enable enterprise agility by creating dynamic interactions of GRC information, analytics, reporting, and monitoring in the context of business.

Like Apple with its innovative technologies, organizations must approach GRC in a way that re-architects the way it works as well as the way it interacts. The GRC 4.0 goal is simple; it is itself Simplicity. Simplicity is often equated with minimalism. Yet true simplicity is more than just absence of clutter or removal of embellishment. It’s about offering up the right contextually relevant GRC information, in the right place, when the individual needs it. It’s about bringing interaction and engagement to GRC process and data. GRC interactions should be intuitive.

GRC 4.0 is about delivering innovative, intuitive, and agile GRC to the business in context of business. It delivers 360° contextual GRC intelligence through the use of artificial intelligence, cognitive computing, machine learning, and natural language processing. It provides engaging and user friendly experiences that minimize process overhead while enabling the organization to reliably achieve objectives, while addressing uncertainty, and act with integrity.

GRC 20/20 will be defining GRC 4.0 and listing the latest in GRC technology innovations, user experiences, inquiry and RFP analysis from organizations looking at solutions, and overall market drivers and trends. GRC 20/20 will be specifically recognizing the solutions in the space that have delivered on GRC innovation and user experiences through the 2017 GRC Innovation and User Experience Awards.

  • 2017 GRC Market 4.0: The Good, The Bad & The Ugly in GRC Drivers & Trends
    October 23 @ 10:00 am – 12:00 pm CDT. Analysis & Details on GRC Buying Trends & Needs GRC 20/20’s latest market drivers, trends, inquiries, and RFP analysis for GRC 4.0. The most current look at the next generation of the GRC market for the next five years. 2017 has been the busiest year to date in the GRC market. GRC 20/20 has seen a record number of inquiries and RFPs across GRC domains in 2017 and forecasts increased activity into 2018.  This research briefing provides a breakdown of…
  • 2017 GRC 4.0 Market Sizing, Forecasting, Analysis & Segmentation
    October 30 @ 10:00 am – 12:00 pm CDT
    GRC 20/20’s latest market sizing and segmentation for GRC 4.0. The most current look at the next generation of the GRC market with new segmentation, sizing, and forecasting for the next five years. This Market Research Briefing is a two-hour briefing that delivers an analysis of the GRC market segmentation, drivers, trends, sizing, growth, forecasting, and market intelligence. GRC 20/20 has spent the last several months doing a complete overhaul of our market data, models, segmentation and mapping of solutions, sizing, and forecasting.…

  • [1] This quote has been attributed both to Einstein and E.F. Schumacher.
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