Governance, Risk Management and Compliance, (GRC) StreamlinedGovernance, 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...
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