Search QuantityWare

GRC

Governance, Risk (Management) & Compliance:

The general term for a holistic approach tackling the following areas:

  • Governance – implementation of a strategic direction that leads to the organization’s goals
  • Risk Management – assesses which business areas are at risk and what effects risk might bear
  • Compliance – The operating measures required to avoid the identified risks and reduce the potential damage that they could cause to the organization
Back to Glossary

Search