Adopting a Holistic Governance Approach

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Description: Now that Sarbanes-Oxley compliance is a fact of corporate life, companies have begun thinking across divisions about risks to the business and embedding that thinking into virtually every aspect of their employee's day-to-day work lives. A top-down, risk-based approach can transform day-to-day compliance obligations to strategic market advantage. One of the greatest benefits of adopting a holistic governance, regulation and compliance (GRC) approach is that the process brings otherwise siloed corporate functions together to identify potential governance issues, business risks and compliance challenges. Companies that grasp the concept of GRC and focus on risk and the controls to manage it will set the pace of business while gaining ground on their competition.
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