Dynamic, Disrupted & Distributed Business is Difficult to Control Organizations take risks but fail to monitor and manage these risks effectively in an environment that demands risk agility and resilience. Too often, risk management is seen as a compliance exercise and not truly integrated with the organization’s strategy, decision-making, and objectives. A cavalier approach to……

Modern organizations are not defined by brick-and-mortar walls and traditional employees; they are extended enterprises comprising third-party relationships, which often nest themselves in layers and transactions of complexity. In today’s interconnected business landscape, the complexity and scope of supply chains are expanding, bringing significant third-party risks, especially related to bribery and corruption. Managing these corruption……

Imagine driving a car while only looking in the rearview mirror, occasionally glancing at your dashboard. This is how many organizations approach risk management today—focused on past issues and compliance-driven metrics, with little attention paid to future objectives and the road ahead. Effective risk management requires not just a look back or a status check,……

Looking for a path to environmental, social and governance (ESG) insights in a forest of GRC data The last few years have shined a light on GRC (governance, risk management, and compliance) processes and shifted many attitudes towards risk. Yet, many organizations are left with numerous questions: What are the best practices to identify, analyze,……

In the evolving world of financial services, regulatory technology (RegTech) has emerged as a crucial player as part of the broad GRC market of governance, risk management, and compliance solutions. As regulatory environments become more complex, the demand for RegTech solutions has skyrocketed. However, while many RegTech solutions address specific elements of regulatory compliance, they……

I am in London throughout June and interacting with various GRC RFPs in the United Kingdom; several are focused specifically on third-party risk management. Next week, many UK organizations will gather for my Third-Party Risk Management by Design workshop in London. Let’s explore the challenges these organizations and others around the world are facing in……

Governance, Risk Management & Compliance (GRC) – along with all of its segments of ESG, third-party risk, audit, internal control and more – are hot topics globally, but particularly across Europe. The European market for GRC-related solutions, professional services, and intelligence/content is by far the busiest globally. The Middle East market for the same is……

Yesterday, I was in a hurry. I had a family medical appointment and needed to get back to the office. I got to our apartment, hopped on my bicycle, and took off for a five-block ride to the office. Intent on getting to my destination, I failed to be present where I was at the……

Navigating the Shift from Manual to Automated Internal Control Management The most recent Illustration in the GRC Technology Illustrated series has just been released! This is a collaboration between GRC 20/20 and our market research and segmentation on GRC technology segments with OCEG with a sponsor for each one. This installment in the GRC Technology……

As organizations increasingly integrate artificial intelligence (AI) into their operations, the importance of robust data governance cannot be overstated. Data GRC (Governance, Risk Management, and Compliance) form the bedrock upon which effective AI programs are built. These frameworks ensure that data is managed properly, data objectives are achieved, uncertainty and risks are mitigated, and compliance……

The Interconnected Reality of Modern Business The modern organization operates in an interconnected world with the extended enterprise. However, recent global disruptions have highlighted the profound impact these connections have on business operations. This has underscored a vital lesson: the importance of relationships in defining business success. Martin Luther King Jr. famously said, “Whatever affects……

Boldly Going Where No GRC Professional Has Gone Before My latest episode of “GRC After Hours” has been released. In this episode, we cleverly marry the adventurous spirit of Star Trek with the pragmatic world of governance, risk, and compliance (GRC). Captain James T. Kirk’s assertion from Season 2, Episode 20 of the Original Series,……