Maximize Business Performance in Uncertain Times through GRC
Date: Thursday, May 31, 2018 | Time: 11 am EDT | 4 pm GMT
Today’s businesses operate in dynamic, distributed, and disruptive environments where the only thing certain is change. To maintain the integrity of the organization, as well as to drive strategy and performance, professionals in risk, compliance, and audit management need to relook at their programs, and determine if they are effectively designed to adapt to change and uncertainty. Through GRC initiatives, the organization has to be able to see individual risk (the tree) as well as the interconnectedness of risk (the forest) as it relates to organizational objectives and performance. This is important because what seems like a small disruption or risk exposure may, in combination with other risks, have a massive impact on performance.
The physicist, Fritjof Capra, made an insightful observation on living organisms and ecosystems that rings true when applied to GRC: “The more we study the major problems of our time, the more we come to realize that they cannot be understood in isolation. They are systemic problems, which means that they are interconnected and interdependent.” By that token, risk management has to be integrated with other aspects of GRC, and then aligned with business objectives and performance management to truly add value. As OCEG notes, “GRC is the integrated collection of capabilities that enable an organization to reliably achieve objectives, address uncertainty, and act with integrity.”
Attend this webinar to learn about:
- How to design and implement GRC programs to improve business performance
- The latest drivers and trends in GRC
- Approaches to identify and demonstrate the business value of GRC investments