The past two years have been a trial for organizations as they have been required to respond to the complications, risks, and intricacies of the pandemic and its impact on business strategy, operations, and objectives.
The focus has been on resiliency with the ability to recover quickly to changing risk conditions to keep the organization moving forward.
GRC, by definition, is a capability to reliably achieve objectives (governance), address uncertainty (risk management), and act with integrity (compliance) (source: OCEG GRC Capability Model).
The organization must be constantly aware of objectives and their achievement. Those objectives can be at the entity level or down into the division, department, process, project, relationship, or asset level. In this context, the organization needs insight into the risk and uncertainty in achieving those objectives and ensure that the organization acts with integrity in their achievement in a distributed, dynamic, and disrupted business environment.
As we head into 2022, this focus on . . .
[THE REST OF THIS ARTICLE CAN BE FOUND ON THE MITRATECH BLOG WHERE GRC 20/20’S MICHAEL RASMUSSEN IS A GUEST AUTHOR]