Three key elements of business management – governance, risk management, and compliance – have been around for a long time, but the integration of all three into an overall corporate strategy as different from their functioning as independent silos that do not communicate to each other came into existence only around 2007.
The introduction GRC as a system intends to correct the “silo mentality” that leads departments within an organization to hoard information and resources, and pool in the data and assets of every department within the enterprise to reduce risks, costs, and duplication of effort.
The increased efficiencies result in considerable value addition to the business, raising its intricate worth and profitability.
Experienced Kreston Menon GRC unit can help clients institute a sound corporate governance framework and drive the changes required to implement them across the organization giving the organization much-needed edge over competitors.
- Corporate Governance (CG)
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- CG Framework
- CG MI Pack
- CG Ecosystem
- CGO
- Risk Management
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- Risk Appetite
- Risk Framework & Reports
- Risk Management Model
- Reporting Framework
