Integrated GRC is the ultimate aim for any risk manager or leader who embrace risks and integrated thinking. Some tips here so that do it right the first time to avoid failure that is going to be time-consuming, expensive and painful.
Integrated GRC is a broad framework that set within a robust suite with multi-disciplinary risks and compliance related functions (such as ERM, ORM, BCM, Policy & Legal Compliance Management, Audit, Business Planning, HSE, SDGs, etc.). This technology platform not only improves transparency in the organisation, but also promotes accountability and corporate integrity and optimising business performance.
It has its usefulness also for the basis of preparation for the International<IR> Framework (January2021) as a step forward for globalisation reporting standards in institutional investors’ appetite for long term sustainability.