The three Governance, Risk Management, Compliance and IT-Security Questions
for 2017
We recommend that companies consider using your current
Governance, Risk Management, Compliance and IT security processes in ongoing
efforts to re-designed or re-engineer the GRC programs to drive your business
performance to the next level.
For the past decade, several organisations
across the business and functions have been able to maximise their returns
on GRC implementations. Amidst the current challenges such as limited
GRC budgets and inadequate resources, companies must stay focused on achieving
their GRC objectives for increased profits.
To achieve this objective manual processes have to be automated, duplication
of efforts eliminated thru the combined virtues of GRC, and expand investments
into newer areas of GRC by focusing on the following:
- How to improve your GRC processes, and innovate in the areas of
analytics and robotics.
- Build frameworks to monitor data, discover GRC patterns that can
predict risk outcomes
- Where are you in your GRC Journey and how will you leverage big
data to drive risk-intelligent decision-making where do you expect
to be by the end of 2016?
