Stringent corporate governance, and accountability reforms, that
followed the corporate failures of the past, have dramatically
changed today's business environment - placing great responsibility
on the management and demanding seamless operations.
Organizations across the globe are constantly being challenged to
navigate through a proliferation of new standards and expectations
in a way that supports performance objectives, sustains
value, and protects the organization's brand. Whether we like it or
not, all corporations have to comply with regulations and at the
same time establish their credibility with investors, other stakeholders,
and the broader public. All these factors, brought together,
have fuelled the convergence of distinct, yet entwined
disciplines of the Governance, Risk, and Compliance (GRC).