A broader, more structured approach is needed to effectively manage governance, risk management, and compliance (GRC). Enterprises will then be better able to guide their people, standardize their processes, and unify technology to embed GRC at all organizational levels.
project portfolio management systems for electronics and high tech components
see GRC as discrete, project-based activities managed as separate functions. Rather, they are adopting an overarching GRC strategy that guides people, standardizes processes, and unifies technology to embed GRC at every organizational level. That is to say, in the face of shifting industry conditions, compliance mandates, and governance requirements, companies need to take a broader, more structured approach to managing GRC to proactively identify and forecast inefficiencies and errors, adopt a