We use cookies and other similar technologies (Cookies) to enhance your experience and to provide you with relevant content and ads. By using our website, you are agreeing to the use of Cookies. You can change your settings at any time. Cookie Policy.

Untitled Document

Information technology projects, priorities and processes are increasingly driven by governance, risk management, and compliance (GRC) considerations. But for many companies, there is a great deal of confusion and uncertainty about how to proceed with GRC implementation, or how to align GRC initiatives with general IT or business requirements.



The reason: IT strategies, architecture decisions, and applications have not approached GRC considerations in a comprehensive and integrated manner. Instead, companies have typically dealt with GRC needs in fragmented fashion. Moreover, in many cases there has been limited attention to automating controls and enabling the information requirements necessary to improve the efficiency and effectiveness of GRC processes and programs. In effect, many companies deal with GRC on a case-by-case basis instead of through an integrated, comprehensive and forward-looking program.

Real success with governance, risk management and compliance comes from being able to view these issues holistically -- with an eye toward not only addressing specific compliance or governance issues, but in building an integrated platform (or at least an integrated framework) where governance, risk management and compliance information can serve to provide value to an organization by ensuring that its business practices are consistent with business and regulatory objectives.

Regardless of whether you're just wondering how IT can help to make an organization's governance, risk management and compliance practices better, or if you're simply interested in understanding the impact that GRC issues can have on IT and IT strategy, it is necessary to begin with a basic strategy for implementing (and refining) GRC practices within your organization.

A good place to start is by following these four steps to align your IT assets with your governance, risk management, and compliance initiatives.

Step 1 - IT Principles & Strategy
Start by getting GRC practitioners at the table with IT professionals to discuss how IT can support GRC needs, including:
a. Information needs
b. Process / transaction needs
c. Control / monitoring needs
d. Documentation / system of record needs

-1-

1  2  3  

   Next Page

Explore Our Topics

  • EDITOR'S BRIEFING
  • Virtual Conferences
  • Webinars
  • Roundtables

BPM in Action

March 10, 2011

The sixth annual BPM in Action 2011 Virtual Conference will explore cutting-edge market developments in BPM and describe how to leverage them for improved business operation and performance. More

View All Virtual Conferences

Smart Case Management: Why It's So Smart.

Date:Nov 05, 2009
Time:12:00 PM ET- (17:00 GMT)

REGISTER TODAY!

Date:Oct 29, 2009
Time:15:00 PM ET- (19:00 GMT)

REGISTER TODAY!
View All Roundtables
  • Research Library
  • Podcasts
  • News

Joe McKendrick: Part II of II: Designing Evolve-ability into SOA and IT Systems

In part two of Joe McKendrick's recent podcast with Miko Matsumura, chief strategist for Software AG, they talk about how SOA and IT systems need to change and grow and adapt with the organization around it.

Listen Now

Phil Wainewright: Helping Brands Engage with Social Media

Phil Wainewright interviews David Vap, VP of products at RightNow Technologies, and finds out how sharing best practices can help businesses understand how best to engage with online communities.

Listen Now

Peter Schooff: Making Every IT Dollar Result in a Desired Business Outcome: Scott Hebner of IBM Rati

Scott Hebner, Vice President of Marketing and Strategy for IBM Rational, discusses a topic on the top of every company's mind today: getting the most from IT investments.

Listen Now

Jessica Ann Mola: Where Will BI Fit In? Lyndsay Wise Explains

In BI, this tough economy and the increasing role of Web 2.0 and MDM are certainly topics on people's minds today. WiseAnalytics' Lyndsay Wise addresses each of them in this informative podcast.

Listen Now

Dennis Byron: Talking with...Deepak Singh of BPM Provider Adeptia

Deepak Singh, President and CTO of Adeptia, joins ebizQ's Dennis Byron in a podcast that gets its hand around the trend of industry-specific BPM.

Listen Now
More Podcasts
  • Most Popular
  • Quick Guide
  • Most Discussed

Quick Guide: What is BPM?

Learn More

Quick Guide: What is Event Processing?

Smart event processing can help your company run smarter and faster. This comprehensive guide helps you research the basics of complex event processing (CEP) and learn how to get started on the right foot with your CEP project using EDA, RFID, SOA, SCADA and other relevant technologies. Learn More

Quick Guide: What is Enterprise 2.0?

A lot of people are talking about Enterprise 2.0 as being the business application of Web 2.0 technology. However, there's still some debate on exactly what this technology entails, how it applies to today's business models, and which components bring true value. Some use the term Enterprise 2.0 exclusively to describe the use of social networking technologies in the enterprise, while others use it to describe a web economy platform, or the technological framework behind such a platform. Still others say that Enterprise 2.0 is all of these things. Learn More