Evolve Your GRC Program

Managing Your Governance, Risk and Compliance (GRC) Solution in Times of Change

Risk management has been on a constant evolution path for decades. The early concepts of Governance, Risk and Compliance (GRC) laid the foundation but organizations today seek a more agile, fluid approach. Integrated Risk Management has emerged as the term to describe the modern approach to identifying, assessing and treating risks. As business operations grow in scope and complexity, the need to manage risk in a more nimble, responsive manner becomes increasingly pressing.

GRC in its initial incarnation—a set of tools for managing compliance risk—remains valuable for that specific challenge, but it aligns less precisely with today’s evolving definitions of risk and risk management. The answer is not to abandon GRC, though; rather, it’s to allow it to evolve into an approach that is better suited to today’s multifaceted challenges: integrated risk management.

This transition does not happen overnight. It takes vision and planning to map out your path from a compliance-driven risk-management strategy to an adaptable, integrated approach that can keep pace with the fast-changing digital world. While the path to integrated risk management may vary between organizations, the benefits are tremendous. The resulting capability to respond to business change and manage the uncertainty of today’s landscape enables an organization to take full advantage of the opportunities at hand.

Continue reading to learn how to manage your governance, risk, and compliance (GRC) solution in times of change.

Evolve your GRC strategy to an Integrated Risk Management approach

Read the entire The Path From GRC to Integrated Risk Management whitepaper:

Archer provides a governance, risk and compliance (GRC) solution that helps organizations reduce their organizational risk while achieving significant value in terms of GRC operational efficiencies.

Archer is a leader in providing integrated risk management solutions that enable customers to improve strategic decision making and operational resiliency. As true pioneers in GRC software, Archer remains solely dedicated to helping customers understand risk holistically by engaging stakeholders, leveraging a modern platform that spans key domains of risk and supports analysis driven by both business and IT impacts.