Considerations in Selection of Issue Reporting & Management Solutions
Organizations face a variety of issues, complaints, incidents, cases, and investigations. Different departments have their siloed and disconnected approaches which involve home-grown databases or a variety of documents, spreadsheets, and emails. With an increasing need to understand the range, number, and impact of incidents to reduce risk, comply with regulations and law, and mitigate exposure and loss to the organization, this approach is no longer sufficient. GRC 20/20 is monitoring a growing trend in organizations to have an enterprise approach to issue reporting and investigation management. However, investigative professionals often find themselves bewildered by the variety of technology solutions available in the market. Some are broad investigative platforms, while other solutions focus on specific areas of incident management or issue reporting.
Recent RFP and inquiry trends that GRC 20/20 is involved with show a growing demand for issue reporting and investigation management solutions. There are over one-hundred solutions available in the market with varying capabilities and approaches. Organizations need to clearly understand the breadth and depth of their requirements, map these into solution capabilities, and understand that there is no one size fits all solution for issue reporting and investigation management no matter what solution providers may say. It has become a complex segment of the GRC market to navigate, understand, and find the solution(s) that are the perfect fit for your organization.
In this Research Briefing GRC 20/20 provides a framework for organizations evaluating or considering issue reporting and investigation management platforms and more focused solutions. Specifically, GRC 20/20 will break out types of solutions in the market and what capabilities can be found in basic, common, and advanced solutions.
- Defining & Understanding Issue Reporting & Investigation Management
Definition, Drivers, Trends & Best Practices
- Critical Capabilities of a Issue Reporting & Investigation Management Platform
What Differentiates Basic, Common, & Advanced Solutions
- Considerations in Selection of a Issue Reporting & Investigation Management Platform
Decision Framework & Considerations to Keep in Mind
- Building a Business Case for Issue Reporting & Investigation Management
Trajectory of Value in Effectiveness, Efficiency & Agility
The GRC Pundit will help organizations . . .
- Define and scope the issue reporting & investigation management market
- Understand issue reporting & investigation management drivers, trends, and best practices
- Relate the components of what makes a issue reporting & investigation management platform
- Identify core features/functionality of basic, common, and advanced issue reporting & investigation management platforms
- Map critical capabilities needed in a issue reporting & investigation management platform
- Predict future directions and capabilities for issue reporting & investigation management
- Scope how to purchase issue reporting & investigation management platforms in a decision-tree framework
- Discern considerations to keep in mind as you evaluate issue reporting & investigation management solutions
- Issue reporting & investigation and broader business professionals with responsibilities for compliance management
- Issue reporting & investigation solution providers offering management solutions
- Issue reporting & investigation professional service firms advising organizations on compliance management
- Issue reporting & investigation content & intelligence providers that provide content, intelligence and templates
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.