Launching a GRC program can be overwhelming, but having a clear roadmap is essential for success.
GRC (Governance, Risk, and Compliance) is crucial for making smart decisions, managing uncertainty, and staying compliant with regulations.
Key steps in building an effective GRC program include choosing a formal framework, gaining executive support, fostering cross-functional collaboration, and staying agile in response to regulatory changes.
Continuous improvement, clear policies, proper tool integration, and active monitoring are essential for the success of a GRC program.