As the only analyst covering the range of policy and training management solutions as its own segment of the Governance, Risk Management, and Compliance (GRC) market, I am asked several times a month on who is providing the next generation portal that integrated into one portal both policy communication and training related to the policy.…

A haphazard department and document centric approach for third party GRC compounds the problem and does not solve it. It is time for organizations to step back and mature their third party GRC approaches with a cross-functional and coordinated strategy and team to define and govern third party relationships. Organizations need to mature their third…

On 30th July, ClauseMatch hosted a Policy Management Workshop with Governance, Risk & Compliance (GRC) expert Michael Rasmussen in Singapore, the first in our global series that aim to provide a blueprint for attendees on effective policy management in today’s dynamic business, regulatory and risk environment. We caught up with Michael after the workshop to hear his summary of…

Most organizations are waking up to find their policies in a complete disarray. Over the years policy portals have sprung up across the organization. HR has their portal, IT has one, Finance/Accounting has another, Legal/Compliance still another, and it goes on through other departments. Policies look different on each portal, sometimes they conflict with each…

This post is an excerpt from GRC 20/20’s most recent research piece, Third Party GRC Maturity Model: A New Paradigm in Governing Third Party Relationships, and upcoming webinar From Ad Hoc to Agile: Set Your Course for Third-Party GRC Maturity. Traditional brick-and-mortar business is a thing of the past: physical buildings and conventional employees no…

I am amazed at the number of risk management programs I encounter that lack an organized structure and approach. So often what we know as ERM (enterprise risk management) is a hodge-podge of processes and assessments that somebody tagged the ERM label on without much thought for what they were doing. In fact, most of…

Providing 360° Contextual Awareness of Risk The physicist, Fritjof Capra, made an insightful observation on living organisms and ecosystems that also rings true when applied to risk management:  The more we study the major problems of our time, the more we come to realize that they cannot be understood in isolation. They are systemic problems,…

Humans excel at analytics; it is the way our brains are wired. We are constantly taking in information, processing, analyzing, and making decisions. Whether it is crossing a street, reading a book, watching a show, being a spectator or a participant at a sporting event . . . we are constantly analyzing everything around us.…