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Building a Business Case for GRC Technology and Managing Your RFP
2018-10-25 @ 1:00 pm - 2:00 pm CDT
SummaryAmidst today’s evolving regulatory and risk environments, organizations are embracing an enterprise Governance, Risk and Compliance (GRC) strategy to be more efficient and agile in GRC related processes and information. Approaching GRC in a collaborative inter-departmental strategy supported by a common information and technology architecture has delivered efficiency, effectiveness, and agility to many organizations. However, other organizations have undertaken an approach to find failure and disappointment. The successful GRC software implementation requires a business case, strategy and collaboration with defined goals, timelines, and requirements that are clearly understood.
In this context, there is a range of GRC technologies and platforms available in the market to make GRC processes more efficient, effective, and agile. The challenge is navigating vendor hyperbole and finding the right GRC technology that fits your organization. The market is flooded with solutions that promise the world but either under deliver or take excessively long to implement and build out driving the project over budget with missed deadlines. This webinar aims to educate and help organizations to understand how to deliver a successful GRC strategy and implementation that delivers on requirements and brings value to the organization.
Specific items attendees will learn include:
- Components of a successful GRC business case and strategy
- How to define a business case on value and return to the organization
- Understanding the range of GRC capabilities available in solutions
- Recommendations on what to include in an RFP and how to build requirements
- Lessons learned and how to navigate solution selection and implementation pitfalls
GRC 20/20 Presenter
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.
Rsam, a solution provider for Governance, Risk, and Compliance Management (GRC), that helps organizations achieve their business objectives by overcoming the daily challenges of integrated risk management through innovative technology. Adaptability and extensibility are core to the DNA of their software platform which has fundamentally changed the way the industry approaches GRC, Security Operations, and Vendor Risk Management and Enterprise Risk Management Solutions. Recognized for innovation in architecture, automation, and integration capabilities, Rsam empowers organizations throughout their GRC journey to demonstrate value quickly, maintain control, and adapt to change without the time, cost, or resources typically associated with GRC/IRM initiatives.