The missing P in GRC
Why is the P (performance) missing in GRC?
OCEG.org, the inventor of GRC, states that “the successful attainment of Principled Performance requires coordinated capabilities that address performance against objectives, risk arising from uncertainties, and compliance with both mandatory and voluntary requirements – each with consideration of the other.” A company’s objective should be to Govern their common capabilities to achieve business value through effective and efficient Performance, Risk and Compliance management – aligned with strategy.
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“As specialist consultants in The Senior Manager & Certification Regime, we believe Corporater has 2 key and necessary differentiators which help to address commonly experienced operational challenges when applying the regime: 1) the ability to ‘pull in’ and consolidate data from multiple systems across HR and Compliance, and; 2) a combination of business rules and the lack of a pre-defined data model, which enables the business to quickly adapt their solution to changes in staffing, organisational structure and regulation.”
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