Governance, risk, and compliance (GRC) solutions provide value by helping organizations to manage the complexity of information management, process execution, and stakeholder coordination in light of increasing volatility, regulatory complexity and change, and other concerns. Often, GRC provides a basic solution framework that must be adapted to an organization’s individual needs and use cases. As a result, organizations GRC implementations involve the same challenges of other enterprise applications, while also trying match their particular mix of stakeholders, processes, requirements, and standards. The resulting delays, missteps, and unnecessary costs can erode the value provided significantly and even lead to abandoned projects.
Contributors to GRC Implementation Success: Avoiding the Worst-Case Scenario
Posted on July 1, 2015 by David Houlihan, Esq.