GRC Framework: A Comprehensive Guide
Governance, Risk, And Compliance (GRC) Framework: A Comprehensive Guide
In today’s complex business environment, organisations face numerous challenges related to governance, risk management, and compliance (GRC). To address these challenges effectively, many companies are adopting a GRC framework. This article provides an overview of the GRC framework, its components, and how to implement them.
What Is A GRC Framework?
The GRC framework is a structured approach that helps organisations align their governance, risk management, and compliance activities with their business objectives. It provides a holistic view of the organisation’s risk profile, regulatory requirements, and internal controls, enabling better decision-making and risk mitigation.
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