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Governance, Risk, and Compliance (GRC) Frameworks.
Published 1 year ago
Description
This podcast episode explains Governance, Risk, and Compliance (GRC) frameworks. It breaks down the three core components – Governance, Risk Management, and Compliance – detailing how their integration improves organisational decision-making and reduces risk. The episode outlines steps for building a GRC framework, including assessing organisational needs and leveraging technology, and mentions popular frameworks like COSO and ISO 31000. Finally, it addresses common implementation challenges such as resistance to change and integration difficulties.