Governance Risk and Compliance

Governance, Risk, and Compliance (GRC) is a framework that organizations use to ensure they operate effectively, manage risks, and adhere to laws and regulations. Governance refers to the structures and processes that guide decision-making and accountability. Risk management involves identifying, assessing, and mitigating potential issues that could affect the organization. Compliance ensures that the organization follows relevant laws, rules, and internal policies. Together, GRC helps organizations maintain integrity, protect their assets, and foster trust with stakeholders by aligning their goals with responsible practices.

Additional Insights

Governance, Risk, and Compliance (GRC) is a framework that organizations use to ensure they operate effectively, make informed decisions, and adhere to laws and regulations. Governance refers to the policies and processes that guide an organization’s direction and performance. Risk involves identifying and managing potential challenges that could affect success. Compliance ensures that the organization follows relevant laws, standards, and internal policies. Together, GRC helps organizations minimize risks, maintain accountability, and operate within legal boundaries, ultimately supporting their long-term goals and sustainability.