As enterprises strive to stay ahead of the curve, GRC executives will be expected to go beyond their traditional roles as the guardrails of the organization and become enablers of business performance and growth. They will need to find a balance between protecting value and creating it, and between being the voice of reason in the C-suite and enabling the business to take the requisite risks to achieve the desired rewards.
Does your organization successfully communicate risk across departments? Or does essential information get lost in translation? Effective communication is the ‘glue’ for a successful risk management program. Making sure every part of an organization is on the same page can be challenging when language changes from department to department.