The GRC is often defined as an integrated holistic approach to organization-wide governance, risk and compliance ensuring that an organization acts ethically correct and in accordance with its risk appetite, internal policies and external regulations through the alignment of strategy, processes, technology and people, thereby providing efficiency and effectiveness. Growing…
Performance and risk indicators are essential business measurements that make a significant distinction to how organizations are governed. Thus, measurements provide insights in the way an organizational system operates using metrics that are translated into KPIs (Key Performance Indicators) and KRIs (Key Risk Indicators). When metrics measure the achievement of…