In today’s global business environment, a broad spectrum of economic, political, social, legal, and regulatory changes continually takes the organization to a new level of strategic and tactical complexity and creating commensurate pressures on business performance. The legal department has become essential in navigating this risk in today’s complex, dynamic, distributed, and disrupted business environment. In this context, legal plays multiple roles in the organization.
One role is as an advisor to the business to ensure the organization can reliably achieve objectives (governance) while addressing uncertainty (risk management) and act with integrity (compliance). This is GRC at an enterprise level or Enterprise GRC/eGRC. It involves multiple . . .
[THE REST OF THIS ARTICLE CAN BE FOUND ON THE EXTERRO BLOG WHERE GRC 20/20’S MICHAEL RASMUSSEN IS A GUEST AUTHOR]