Illustration – The Federated GRC Approach

Illustration – The Federated GRC Approach
Illustration filed in Compliance , Internal Audit , Governance , Strategy , Risk

Governance, risk management and compliance (GRC) is a function that spans layers of the extended enterprise. Many organizations struggle as silos separately structure and manage GRC in inefficient and ineffective ways, while others attempt to centralize...

Governance, risk management and compliance (GRC) is a function that spans layers of the extended enterprise. Many organizations struggle as silos separately structure and manage GRC in inefficient and ineffective ways, while others attempt to centralize everything.

The federated (center of excellence) approach optimizes outcomes by balancing coordination of shared GRC resources and services with distributed business unit management of GRC and centralized oversight.

 

Developed by OCEG with contributions from MetricStream.

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