A broader, more structured approach is needed to effectively manage governance, risk management, and compliance (GRC). Enterprises will then be better able to guide their people, standardize their processes, and unify technology to embed GRC at all organizational levels.
standards and compliance
departments use different metrics, standards, software, and methodologies for analyzing risk and compliance information. This system fragmentation makes it difficult to aggregate data; gain a complete view of enterprise-wide risks; effectively monitor these risks and compliance; and adjust business processes to meet changing requirements, market trends, and regulatory mandates. Policies and risks are generally defined and measured at the local geographic level, without proper consideration for their