In today’s digitalized world marked by fast-changing trends and frequent market fluctuations, the expectations on executives are higher than ever. Investors expect continual, profitable growth. Shareholders demand stronger transparency requirements in face of growing regulatory pressure and accountability. Successful executives also have high and challenging expectations on themselves and an inherent drive to make understandable, transparent decisions.
By establishing a comprehensive strategy for governance, risk and compliance (GRC), companies can master these challenges effectively and efficiently.
A tight integration of GRC processes is essential for achieving operational excellence and competitive advantages:
This three-part approach allows companies to build an effective, compliant, complete, future-proof solution to manage risks and opportunities across the entire organization. GRC requires a strong collaboration among people, resources, processes and technologies to align and integrate governance, management, performance, risks and compliance. GRC, therefore, is a collection of capabilities to achieve set goals, deal with uncertainty, and act with integrity.
Our goal is to help establish sustainable GRC processes so companies can overcome their challenges and use their GRC strategy to generate tangible business benefits. GOLDENHORN GRC is an converged and integrated collection of capabilities to reliably achieve defined goals, deal with insecurity, and act with consilience and integrity. This is why we view GRC as more than just the sum of individual processes, such as risk management and an internal control system. As TAC, we believe that GRC is a path to develop sustainable corporate management, which provides the solid foundation of operating system to drive innovation and growth in companies. We want to guide, support and, perhaps, even challenge our clients along this journey to build the basis for generating measurable value from GRC processes. Our reference framework CONIG (Consilience in Information Governance) is used while implementing and executing GRC processes.
The GOLDENHORN GRC Suite integrates various processes and applications to fulfill all GRC requirements in an integrated, converged, flexible, efficient enterprise management system. The individual GOLDENHORN GRC Modules can be customized to create tailor-made GRC solutions for large companies and international corporations. GOLDENHORN GRC goes beyond mere compliance with formal, external regulations. Companies can also integrate their own specific reference models along with the official standards to provide stakeholders with an important foundation for making decisions.