Why a Governance, Risk and Compliance Program is Important for Your Business

A Scripted Freelance Writer Writing Sample

Why a Governance, Risk and Compliance Program is Important for Your Business

To ensure that businesses protect their information, have consistent cohesion departmentally, and follow all governmental regulations, a governance, risk and compliance, (GRC) program is important. Businesses can benefit from a strong GRC program that helps to minimize the threats and risks that companies are exposed to on a daily basis. As GRC guidelines work in conjunction with your business, this increases the safety in your company and it also gives you a safeguard in ensuring your corporate accountability is effectively planned, designed, and implemented across all work platforms.

GRC Challenges

There are many risks in the workplace as it relates to ensuring governance, risk management and compliance. New regulations can be overwhelming if a company doesn't have a person or team to ensure updates are in place. Additionally, a lack of cohesion in departments can also cause communication problems, as each department has its own rules and guidelines. Departments that run different software packages may not integrate fully and this can cause increased risk. Lastly, a lack of visibility in determining risks in operations can lead to inaccurate reports.

To identify and expose management threats, an effective GRC software program can help to update your current system – if one is in place, or introduce a new one to ensure your business manages activities, controls risk in the workplace and also effectively works to ensure that all staff comply with and adhere to governmental regulations in the workplace.

GRC is defined as:

  • Governance: The process of implementing policies and ensuring they are executed.
  • Risk Management: The process of reducing risk and uncertainty through the establishment of business objectives and governance mechanisms.
  • Compliance: Adhering to business rules, policies and guidelines whether they are internally established or externally implemented.

The Benefits of an Effective GRC Program

As businesses today work to ensure they are able to make better, well informed decisions, improve efficiency and effectiveness and are compliant across complex operating environments, they must successfully execute the appropriate business strategies to balance revenue with efficient operational objectives. To ensure they are able to do this, an effective GRC program can help streamline risk management with their compliance obligations and governmental policies. Consider implementing a GRC program in your workplace environment, as this technology enabled solution can help to ensure consistent communication, information that's cohesive and consistent, as well as success in all workplace strategies, across all departments, and on all platforms.

If you're like me, you can't stand "stuffed content" and "word fillers". When you're ready to hire an efficient writing service with proven results, contact me. My name is KT and as a freelance writer, my services include email newsletters, press releases, articles, blogs, sales copy, ebooks, Twitter feeds, Facebook posts, SEO content, product descriptions, white papers, and landing page content. Industries that I work in include gaming, finance, parenting, travel, real estate, marketing, compliance, B2B, B2C, and several other areas. My clients include Keller Williams Realty, Turtle Airways, High Brow Vapor, D Koder Marketing, Bryant Consultants, Chat 2 Engage, You Move Me, DPT Law: Crime Victim Lawyers, Star Ship It, and El Montubio. About Me: I'm in grad school for business management and marketing and I write freelance full-ti...

Customer Ratings:
274 reviews
Power your marketing with great writing. – Start your 30-day free trial today! GET STARTED

Other content marketing examples from KT H

You Move Me: Jackson, Lake Michigan, and Milwaukee

Imagine an efficient moving team that does it all. The movers are fast and efficient, help you wi... Read More

FIFA 17 - 5 Changes You'll Notice From the PS4 and Xbox One Demo

Are you gearing up for new holiday games? Maybe you're looking into the PS4 VR and know the Virtu... Read More

Best Robo Advisory Services: Comparisons and Fees

Want to know the best Robo Advisors to use for your investments? If you thinking about using a ro... Read More

Should You Use a Robo Advisor?

If you're using a robo advisor for your financial banking and investment needs, you may be qu... Read More

Air Filter Tips for Homeowners

Suffering from severe headaches, asthma, breathing problems or wheezing? It might be from a dirty... Read More

Are You Ready for the Euro Cup Finals?

As we get a little bit closer to the European Cup finals, maybe you're questioning with Euro ... Read More

Check Out the 10 Most-Win College Football Teams In NCAA History

If you ever thought college football rivalries were big, you should check out some of the college... Read More

10 Best Apps for Busy Real Estate Agent On the Go

# 10 Best Apps for Busy Real Estate Agent On the Go As a real estate professional, you are cons... Read More

Rise Of Robberies In University Areas In Philadelphia

# [Rise Of Robberies In University Areas In Philadelphia](http://crimevictimlawyerusa.com/rise-of... Read More

OUR PROCESS: The Straw, weaving, and blocking techniques

# OUR PROCESS: The Straw, weaving, and blocking techniques ### THE STRAW: The process of making... Read More

Which eCommerce platform should I use?

# Which eCommerce platform should I use? Starting a new eCommerce business? This can be a fun a... Read More

Build Online Authority With 5 Fruitful Habits

# Build Online Authority with 5 Fruitful Habits Building a solid relationship with your custo... Read More