Explaining GRC Through Pictures and Sound
The only GRC "strategy" I can relate to is one that recognizes that we are not talking about new processes, or a new organization called GRC. We are talking about getting the various parts of an organization to work together:
- Where multiple functions perform risk management or compliance activities without talking to or working with each other (fragmentation).
- Where functions like internal audit and risk management, or compliance and strategy, fail to coordinate their activities or share information (silos).
See this for a metaphor that illustrates the problem. Make sure you check out the videos I show in the Comments for the marvelous music when individual genius comes together. http://normanmarks.wordpress.com/2011/06/16/grc-metaphor/#comments
Posted on Jun 17, 2011 by Norman Marks
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