Deutsche Telekom AG

Best in Class GRC in Risk & Resilience Management – Large Enterprise

Organizations need to clearly understand the breadth and depth of their integrated risk and resilience management strategy and process requirements and, from there, select the right information and technology architecture that is agile and flexible to meet the range of risk management needs for today and into tomorrow. The goal is a comprehensive insight into risk and resilience management to identify, analyze, manage, and monitor risk in the context of strategy, objectives, operations, processes, and services. It requires the ability to continuously monitor changing contexts and capture changes in the organization’s risk profile from internal and external events as they occur that can impact objectives.

GRC 20/20 has evaluated and verified the implementation of the Corporater Business Management Platform at Deutsche Telekom. It confirms that this implementation has achieved a remarkable case study in how to address risk and resilience management with clear benefits achieved. 

Some specific items that stand out include:

• Deutsche Telekom’s clear strategy to maintain a prudent enterprise risk program aligns with its other internal award-winning internal GRC programs. 
• The VP’s emphasis is on user adoption, regulatory compliance, and an integrated approach where the ERM program is fully aligned with the company’s strategic objectives and performance targets. 
• The Deutsche Telekom’s risk team’s professionality regarding GRC subject matter expertise, vendor evaluation & selection process, and the well-executed implementation process.

This approach is “best in class,” and in that context, GRC 20/20 recognizes Deutsche Telekom and Corporater with a 2023 Best in Class GRC Award in the Category of Risk & Resilience Management – Large Enterprise (10,000+ employees).