Governance, risk and compliance (GRC) refers to a strategy for managing an organization’s overall governance, enterprise risk management and compliance with regulations.
This is important because it allows organizations to demonstrate resilience, allocate resources, make appropriate decisions to reduce risk whilst managing compliance with regulations/frameworks. This corresponds to the added value for each company in the world, regardless of the core business.
The wealthiest ones are all solidly built on maximum efficiency and safety systems.
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