Governance, Risk Management and Compliance, (GRC) Streamlined
Governance, risk management, and compliance (GRC) are three formidable topics in their own right, but they are addressed together because a lapse in one area can create an immediate lapse in the other two. When operating effectively, the three combined facets of GRC enable an organization to survive in a demanding regulatory environment, so that it has a chance to thrive. Conversely, if any of these facets are threatened in an organization, the organization will not be able to remain competitive for long. And although financial institutions are the most familiar with GRC, GRC affects all organizations.
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