Governance, Risk Management, and Compliance: Creating the Right GRC Strategy for Your Company

In the world of business (and innovation), “risk management” doesn’t necessarily mean risk prevention. Often, there will be core areas where your company is willing to take risks in order to generate returns. Rather than avoid all risk, leaders of successful organizations assess the risks inherent in any situation and use them to drive company vision, strategies, plans, and processes. This ExecBlueprint describes an integrated approach for managing performance, risk, and compliance through centralized governance processes known as a governance, risk management, and compliance (GRC) framework.