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For IT Management Professionals

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December 13, 2005

Trends 2006: Enterprise Risk And Compliance

Governance, Risk, And Compliance (GRC) Roles Emerge

by Michael Rasmussen

with Laurie M. Orlov, Samuel Bright

This is an excerpt

Executive Summary

Today's organizations are moving from the "considering" stage to the "definition" stage of an enterprise risk and compliance program. What are the key drivers of these programs? They include multiple risks and regulations, distributed operations and relationships, interdependency of risk, increased accountability, and awareness of both fragmentation and duplication of efforts. In 2006, firms will establish risk and compliance architectures, develop risk intelligence, and implement GRC platforms, as well as centralized communication and training on corporate policies and procedures. Next year will also see continued evolution of the enterprise role that is responsible for GRC.

This is an excerpt

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