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Overcome These GRC Hurdles Today

  • GRC programs often fail due to implementation issues rather than a bad framework.
  • Clear accountability is crucial in GRC programs to prevent gaps, weak controls, and failed audits.
  • Collaboration is essential between risk, IT, legal, and compliance teams in GRC.
  • Alignment and communication are key to prevent risks from being overlooked.
  • It's important to prioritize effectively and avoid scope creep in GRC initiatives.
  • Executive engagement is necessary for the success of GRC programs.
  • GRC should be integrated into the business rather than treated as a standalone project.
  • Using spreadsheets for GRC operations can lead to structural issues and potential risks.
  • GRC should drive decisions and not just be a documentative exercise.
  • Meaningful metrics and measurement are vital in GRC for actionable insights.
  • Learning from mistakes and implementing changes is crucial for GRC improvement.

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