For Security & Risk Professionals (Length: 11 pages)

October 26, 2009

Caveat Emptor: The Best And Worst GRC Platform Customer Experiences

by Chris McClean

with Robert Whiteley, Allison Herald


Executive Summary (This is a document excerpt)

Governance, risk, and compliance (GRC) programs have a high corporate profile, requiring approval and often participation from top executives. For risk professionals who perform well in the spotlight, that's good news — but failures also attract more attention. This is especially true when the program involves several hundred thousand dollars or more of investment in a GRC platform. To help you learn from the efforts of your peers, Forrester surveyed 70 risk and compliance professionals selected as customer references for The Forrester Wave™: Enterprise Governance, Risk, And Compliance Platforms, Q3 2009. When we asked them about their overall experiences, complaints reflected complicated implementations, praises pointed to strong vendor relationships, and top benefits mainly focused on operational improvements. Considering this feedback, make efficiency the foundation of your GRC business case, and be especially clear on your consulting and support service requirements during your vendor selection process.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemWhen The Stakes Are This High, There's No Room For Buyer's Remorse

itemCommon Complaints Point To Complex Implementations And Small Vendors

itemVendor Accolades Highlight Relationships And Knowledge

itemGRC Demonstrates Operational Efficiency, Convergence, And Consistency

recommendations

itemPractice Patience, But Don't Waver On Requirements

WHAT IT MEANS

itemGRC Is A Long Way From Being A Commodity

Forrester surveyed 70 risk and compliance professionals selected as customer references for The Forrester Wave™: Enterprise Governance, Risk, And Compliance Platforms, Q3 2009.

Related Research Documents

itemThe Forrester Wave™: Enterprise Governance, Risk, And Compliance Platforms, Q3 2009

July 1, 2009

itemTrends 2009: Governance, Risk, And Compliance Hit The Big Time

December 23, 2008

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Analyst: Chris McClean
Technology: Application Strategy & Selection, Governance, Risk, & Compliance, Packaged Applications, Security & Risk, Sourcing & Procurement, Sourcing Strategy & Execution
Geography: Asia Pacific, Europe, North America

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