Today’s businesses operate in dynamic, distributed, and disruptive environments where the only thing certain is change. To maintain the integrity of the organization, as well as to drive strategy and performance, professionals in risk, compliance, and audit management need to relook at their programs, and determine if they are effectively designed to adapt to change and uncertainty. Through GRC initiatives, the organization has to be able to see individual risk (the tree) as well as the interconnectedness of risk (the forest) as it relates to organizational objectives and performance. This is important because what seems like a small disruption or risk exposure may, in combination with other risks, have a massive impact on performance.
The physicist, Fritjof Capra, made an insightful observation on living organisms and ecosystems that rings true when applied to GRC: “The more we study the major problems of our time, the more we come to realize that they cannot be understood in isolation. They are systemic problems, which means that they are interconnected and interdependent.” By that token, risk management has to be integrated with other aspects of GRC, and then aligned with business objectives and performance management to truly add value. As OCEG notes, “GRC is the integrated collection of capabilities that enable an organization to reliably achieve objectives, address uncertainty, and act with integrity.”
Attend this webinar to learn about:
Michael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 23+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures, and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.
MetricStream is simplifying Governance, Risk, and Compliance (GRC) for modern and digital enterprises. Our market-leading enterprise and cloud Apps for GRC enable organizations to strengthen risk management, regulatory compliance, vendor governance, and quality management while driving business performance.
The MetricStream GRC Journey methodology integrates GRC technologies and programs across business, IT, and security functions as we enable organizations to realize the vision of Pervasive GRC. Rich content from GRCIntelligence.com and thriving communities like ComplianceOnline.com, as well as MetricStream Special Interest Groups (mSIGs) support the ongoing success of our customers through real-time content feeds and best practices embedded in our Apps.
Leading companies across industry verticals are benefiting from MetricStream’s simple and modular approach to GRC that is transforming risk management in a business environment that is increasingly mobile, social, global, and virtual. We have been consistently rated as a market leader by leading analysts, and have received several awards and recognitions for product innovation and customer success.
MetricStream is headquartered in Palo Alto, California, and has offices across the globe.