Stitching Silos
That is what an Integrated approach does
Every business entity is organized into different teams that are unique and specialized in a specific functional area to operate its business. These functional teams work together to meet their functional objectives by prioritizing their activities with a set of best practices, procedures, standards and metrics. The organizational design of a business entity can facilitate efficiency in day to day activities through coordinated efforts by the functional teams, but this very design also creates silos. There are often redundant efforts by multiple teams, lack of co-ordination and communication among teams across the organization. Thus, the real challenge is to maintain the efficiencies created by the functional teams and ultimately contribute to create value.
The teams must collaborate across the organization to perform cross functional activities by sharing required resources and capabilities. These organizational silos are fixed through a common platform and integrating cross functional efforts. Governance, Risk and Compliance (IRM) frameworks provides this platform. It helps not only to integrate cross functional efforts buts also stitches the silos of information and other capabilities.
The integrated approach to GRC provides visibility, transparency, collaboration and efficiency to the operational activities and their critical dependencies. It also provides alignment of various indicators and metrics to cross functional domains. Our solution allows you to develop and maintain a GRC program that provides oversight and management of various capabilities with an organization.
Reach out to us today to know more about the ClearGRC solution
We integrate and automate your GRC capabilities.
Stay connected with us on our social media:
