Integrated approach to managing governance, risk management, and compliance activities across an organisation.
Governance, Risk, and Compliance (GRC) is a framework for integrating an organisation's approach to governance (management oversight and accountability), risk management (identifying and addressing threats), and compliance (meeting regulatory and contractual obligations). GRC recognises these disciplines are interconnected—governance sets direction, risk management identifies what could go wrong, and compliance ensures obligations are met. Integrated GRC reduces duplication, improves visibility, and enables more effective decision-making.
Why It Matters
The DSC Perspective:
Siloed governance, risk, and compliance functions create gaps and inefficiency. Integrated GRC provides leadership with comprehensive visibility and ensures security, compliance, and business objectives align.