It is not enough to aggressively move toward established objectives.
For success, you must consider the boundaries of laws and uncertainties that arise with regard to potential risks and rewards as the management of risk, compliance, and ethical conduct cannot be separated from the objective-seeking activity.
Everything must be brought into alignment and operate through fully integrated
governance, risk management, and compliance (GRC) capabilities.
I can suggest you some of the benefits GRC comes with;
· Setting objectives
· Prioritizing stakeholder expectations
· Providing assurance that the system is achieving objectives
· Managing the desirable (reward) and undesirable (risk) effect of uncertainty on objectives.
The need for these benefits in an organization cannot be overemphasized and thus
should be treated with the utmost urgency in securing them.
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