Governance, Risk and Compliance Management

Governance, Risk management and Compliance management (GRC) is defined as “the integrated collection of capabilities that enable an organization to reliably achieve objectives, address uncertainty and act with integrity.” GRC can be referred to as the process of “keep the company on track”.

Corporate governance is a system of rules, policies, and practices that dictate how a company’s board of directors manages and oversees the operations of a company.

Enterprise risk management (ERM) in business includes the methods and processes used by organizations to manage risks and seize opportunities related to the achievement of their objectives. ERM provides a framework for risk management, which typically involves identifying particular events or circumstances relevant to the organization’s objectives (threats and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring process. By identifying and proactively addressing risks and opportunities, business enterprises protect and create value for their stakeholders, including owners, employees, customers, regulators, and society overall.

Regulatory compliance is when businesses follow state and international laws or regulations relevant to operations.

Our range of support to organisations include;