The Challenges of Defining and Managing Governance, Risk Management, and Compliance
P.J. Jakovljevic - March 9, 2007

While the cost of noncompliance is reason enough to motivate enterprises to be more vigilant in their business practices, enterprises can in fact capitalize on the regulations they face. Companies should view compliance as a way to improve their internal business processes across the organization. To do this, companies must take a holistic approach from top down, and harness the strategic software category of governance, risk management, and compliance (GRC). However, this may be easier said than done. So why might a holistic approach to GRC difficult to achieve?..