Episode Details

This podcast episode explains the importance of Governance, Risk, and Compliance (GRC) for organisations. It highlights GRC's three core components – governance, risk management, and compliance – and how they work together. The episode stresses the increasing complexity of the business environment, driven by regulatory pressures, cybersecurity threats, stakeholder expectations, and globalisation, making a robust GRC framework crucial. Implementing GRC offers benefits such as risk mitigation, improved decision-making, enhanced compliance, and fostering a culture of ethical conduct, ultimately leading to long-term organisational success and resilience.