Navigating Risk and Resilience: Balancing Complexity and Cost in GRC Solutions
Complexity & Costs: Key Points of Consideration in Selecting a Solution
When it comes to operational resilience and continuity, as well as broader GRC, many solution options are available in the market. Selecting the right solution is critical as many choices lead organizations down the road of complexity and cost, not just in implementation but also in ongoing maintenance, management, and user experience. Organizations need operational resilience and continuity solutions that are highly efficient (in both human capital and financial capital), effective, and agile to the needs of dynamic and distributed businesses.
It used to be that the dividing line between agile solutions with lower implementation and maintenance costs was whether the solutions were cloud-based (e.g., SaaS) or on-premise. This is not the case anymore, as some . . .
[The rest of this blog can be read on the CLDigital blog, where GRC 20/20’s Michael Rasmussen is a guest author]