A broader, more structured approach is needed to effectively manage governance, risk management, and compliance (GRC). Enterprises will then be better able to guide their people, standardize their processes, and unify technology to embed GRC at all organizational levels.
corrective maintenance meaning
thresholds, and to prioritize corrective action using role-based dashboards and alerts. … To Ensure Compliance at the End of the Day Last but not least, compliance entails the actual, tactical actions to mitigate risk. In other words, compliance is the execution of these objectives based on established risk tolerance for the company. Namely, as mentioned previously, some regulations are not mandatory, but recommended. For instance, the FDA regulations for drug manufacturers are not fixed targets. Thus,