The structures and realities of business today have changed. Traditional brick-and-mortar business is outdated: physical buildings and conventional employees no longer define the organization. The modern organization is an interconnected web of relationships, interactions, and transactions that span traditional business boundaries. Layers of relationships go beyond traditional employees to include suppliers, vendors, outsourcers, service providers,……

The healthcare sector is ensnared in a relentless vortex of risk and regulation amid unanticipated disruptions and transformations. Navigating through this dynamic environment, healthcare entities grapple with a myriad of compliance obligations and frustrations that encompass patient safety, privacy, information security, operational practices, service delivery, billing protocols, and electronic medical records management. Maintaining steadfast compliance……

In the modern business landscape, enterprises are increasingly intertwined through complex networks of suppliers, vendors, and other third-party relationships. While this extended enterprise system brings immense benefits, like specialization and economies of scale, it also introduces challenges in terms of ESG, compliance, and operational resilience. As organizations lean more heavily on their external partners, ensuring……

Governance, Risk, and Compliance (GRC) isn’t merely a buzzword but an essential strategy and framework (OCEG GRC Capability Model) for corporations to succeed in today’s complex and dynamic business environment. With increasing risks and regulations, it is evident that businesses require an effective GRC strategy. But while understanding the importance of GRC is one thing,……

In John Donne’s famous line, “No man is an island, entire of itself; every man is a piece of the continent, a part of the main,” the seventeenth-century poet’s words are startlingly relevant to modern businesses. Translated into contemporary terms, it suggests, “No organization is an island unto itself; every organization is a piece of……

In an era characterized by ethical, social, and regulatory challenges, many organizations are finding it difficult to navigate the complex maze of compliance. Particularly in an ESG context. The daily news cycle frequently highlights companies falling short of regulatory expectations, painting a picture that corporate ethics is often judged by what firms do when they……

Gone are the years of simplicity in business operations. Organizations today are evolving into more complex, distributed, and autonomous entities. While this evolution ushers in unprecedented growth and opportunities, it has also introduced challenges in ensuring consistent governance, risk management, and compliance (GRC). The digital age, characterized by its interconnectivity and advanced technological infrastructures, has……

One of the top inquiry areas for GRC 20/20’s market research is the role of Corporate Compliance and Ethics Management, managing the range of conduct, ethics, regulations/obligations, policies, and boundaries of the organization. Particularly now in the era of ESG. We regularly get inquiries from organizations looking for solutions for policy management, hotline/whistleblower, case management,……

Complexity & Costs: Key Points of Consideration in Selecting a Solution When it comes to operational resilience and continuity, as well as broader GRC, many solution options are available in the market. Selecting the right solution is critical as many choices lead organizations down the road of complexity and cost, not just in implementation but……

This blog is an excerpt from GRC 20/20’s latest research paper, READ MORE in: A.I. GRC: The Governance, Risk Management & Compliance of A.I. A.I. technology and models are used across industries to analyze, predict, generate, and represent information, decisions, and outcomes that impact operations and business strategy. A range of departments, functions, and roles……

Traditional brick-and-mortar business is outdated: physical buildings and conventional employees no longer define the organization. The modern organization is an interconnected web of relationships, interactions, and transactions that span traditional business boundaries. Layers of relationships go beyond traditional employees, including suppliers, vendors, outsourcers, service providers, contractors, subcontractors, consultants, temporary workers, agents, brokers, dealers, intermediaries, partners,……