I am baffled by the ignorant that are happy with their blinders and do not see how governance, risk, and compliance interrelate and support each other to form GRC. Today we will look at how the R (risk) in GRC needs governance and compliance.   Risk professionals can suffer with a myopic view of their……

My apologies. Along with my commentary on Forrester’s GRC Ripple (OOOPS . .. I Mean Wave) I had promised to provide my thoughts on Gartner’s EGRC Magic Quadrant once it was publicly available. Needless to say – August was a busy month, between end of summer trips, preparing for the fall, and kicking off the……

Values and ethics define an individual – as well as families, societies, and culture in general. Everyone puts a stake in the ground as to what is important to him or her and what is not. We interact with others based on our values: which acts much like two magnets. If the right polarity exists……

The landscape of governance, risk management, and compliance initiatives is broad and littered with a variety of specific standards and frameworks. Each of these specific frameworks may be good at what they focus on – but they fail to link GRC together and put everything in context with each other. Risk management, security, corporate governance,……

Wolters Kluwer Tax & Accounting announced today that it acquired Axentis. This acquisition further extends Wolters Kluwer role in the GRC (Governance, Risk, & Compliance) technology and content/information market.   Axentis, according to Corporate Integrity research, has a leading policy and procedure management platform. The company has done an excellent job at addressing investigations management……

Analyst firms provide value as well as harm to markets. What they define, model, and predict affects billions of dollars and influences the course of organizations of all sizes and industries. I’ve had a unique perspective on this during my nine years in the market research and analyst world and for seventeen years of professional……

Compliance Week remains the highlight of GRC events throughout the year. As one Tweet states at the beginning of the conference: “dougcorneliusStarting the “Davos” of compliance.” Sure there are many events I enjoy for networking and catching up with others. However, Compliance Week is one of the few events I attend that actually stretches me……

A Proverb states: “Where there is no guidance, a people falls, but in an abundance of counselors there is safety.”  Much of the GRC world – with its various professional stovepipes – has struggled for guidance and direction on how to effectively integrate and define common processes for Governance, Risk, & Compliance.  Sure, we have a……

  A recent discussion on the Corporate Integrity LinkedIN Group was started by Norman Marks when he stated: “How would you go about applying Lean principles to making sure your GRC processes, organization, and systems are not only effective but efficient?“  Personally, I do not like the word ‘lean’ as an adjective for GRC. Yes,……

Governance, Risk, and Compliance can be confusing to understand in their individual capacities – bring them together as GRC and it can be even more confounding. GRC is more than a catchy acronym used by technology providers and consultants to market their solutions – it is a philosophy of business. This philosophy permeates the organization:……

Organizational exposure to compliance risk is rising while the cost of compliance soars. Additionally, the ad hoc, reactive approach to compliance brings complexity, forcing business to be less agile. Organizations typically address compliance as singular issues and obligations; as a result they have multiple initiatives working in isolation to respond to each regulatory requirement. These……

John Capobianco, CEO of Lumigent, recently published “GRC Starts with ‘C’” commentary. While there is much to be admired about Lumigent’s messaging and awareness campaign of application GRC – I found this particular post to be misguided.   The thrust of the message, as I understand it, is to reduce cost by tackling the C……