Governance, Risk Management, Compliance

Governance, Risk Management, and Compliance (GRC) are essential practices for organizations. Governance refers to the framework that guides decision-making and accountability within an organization. Risk Management involves identifying, assessing, and mitigating potential risks that could impact the organization's objectives. Compliance ensures that the organization adheres to laws, regulations, and internal policies. Together, GRC helps organizations operate effectively, protect their assets, and maintain integrity, ensuring they meet their goals while minimizing risks and adhering to legal standards. This holistic approach fosters trust and transparency with stakeholders.