How to Implement a GRC Framework: Step-by-Step Guide
To perform a GRC framework, an empathetic action of planning, alignment, system design, execution, and monitoring done continuously has to be adopted. Most of the organizations in the U.S. are aware that broken-up governance and separate risk processes slow down compliance and expose operations to more risk. A manner that is not haphazard and that is clear will make sure that each control has an unconfused owner, an unconfused purpose, and an unconfused workflow. This structured flow forms the basis of GRC implementation steps preferred by compliance-driven companies.