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Latest Pontifications & Thoughts . . .
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2014 GRC Technology Innovation Award: True Office Engages Employees Through Interactive GRC Learning Experience
The 2014 GRC Technology Innovation Awards was filled with competition. Nominations increased to 62 over last year’s awards, and fifteen winners were selected. GRC 20/20 looked through all of the submissions, asked for clarification where needed, and selected15 recipients that demonstrated outside the box thinking in taking GRC in new directions to receive this…
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2014 GRC Technology Innovation Award: UCF Demonstrates it is the Science of Compliance Through its Most Recent Patent
The 2014 GRC Technology Innovation Awards was filled with competition. Nominations increased to 62 over last year’s awards, and fifteen winners were selected. GRC 20/20 looked through all of the submissions, asked for clarification where needed, and selected 15 recipients that demonstrated outside the box thinking in taking GRC in new directions to receive…
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How are you addressing access control risks?
The fact is: business is dynamic, distributed, and complex. The pace of change to risk, regulations, employees, partners, and technology requires organizations to approach governance, risk management, and compliance in a way that is efficient, effective, and agile to the needs of today’s dynamic business environment. Organizations do not operate in a static environment…
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Considerations When Purchasing GRC Solutions
As a market research analyst, I get involved in a lot of inquiries and interactions with organizations looking to purchase GRC solutions. On average, GRC 20/20 handles about five interactions a week – some weeks more and some weeks less. These can range from simple questions via email or phone to detailed help in writing…
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Expanding Role of Audit Stretches Resources and Capabilities
The role of the audit is taking on greater significance to guide the enterprise beyond traditional attitudes about financial controls; toward assuring that the organization is managing risk appropriately and meeting obligations across a range of high-risk business processes, operations, and regulatory requirements. Today’s audit department must have a full understanding of the risks the…
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GRC Federalist Papers: A Call to Action
Business is complex. Gone are the years of simplicity in business operations. Exponential growth and change in risk, regulations, globalization, distributed operations, processes, competitive velocity, business relationships, disruptive technology, technology, and business data encumbers organizations of all sizes. Keeping complexity and change in sync is a significant challenge for boards and executives, as well as…
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Our Perspective
Our Perspective on the GRC Market and GRC Solutions The GRC market is a macro-market that encompasses several smaller market segments. Major analyst firms treat the GRC market as a micro-market they think can be rolled-up and covered in a two-dimensional plot comparing less than 20 solutions. Their market model and sizing is nothing more…
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Our Differentiators
Our Differentiators GRC 20/20 is collaborative. We like to roll-up our sleeves and get involved in details. We thrive on interaction and engagement. To be successful in understanding and predicting the GRC market requires that we listen and learn and not merely pontificate and make ourselves untouchable. Unlike major market research and analyst firms, we…
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Business Agility Across the Extended Enterprise
No company is an island. Organizations are a complex and diverse system of processes and business relationships. Risk and compliance challenges do not stop at traditional organizational boundaries. Organizations struggle to identify, manage, and govern extended business relationships. The challenge is: “Can you attest that risk and compliance are managed across extended business relationships?” An…
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2014 GRC Drivers, Trends & Directions
I trust the New Year is off to a great start and your governance, risk management, and compliance (GRC) initiatives are fruitful. Myself, I have been quiet in communications this last month wrapping up 2013 projects, redoing much of the www.GRC2020.com website, and planning for 2014. It is important to note that every organization does…
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GRC Spreadsheets, Documents & Email, OH MY!
Why Spreadsheets, Documents & Emails Fail for GRC At times I can sound like a broken record – repeating myself over, and over, and over, and over again, and again, and again. One of my prominent soapboxes over the past decade has been the failure of spreadsheets, documents, and emails to assess, audit, manage, and…
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3rd Party GRC: Business Agility in a Dynamic and Distributed Environment
GRC 20/20 is providing a specific focus on 3rd Party Governance, Risk Management & Compliance (GRC) in the month of December. This is the fastest growing part of the GRC market as organizations struggle with issues of conflict minerals, anti-bribery & corruption, social accountability, privacy, security, and more . . . No company is an…
