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Governance, Risk, and Compliance (GRC)

Our governance and risk management practice starts with a free consultation. This is an initial conversation where our team has the opportunity to know what your current business needs and drivers are. Potential outcomes and initial scope of our engagement are identified for further analysis.

We work with your organization to formalize this engagement through your procurement process and providing any useful material or proposal that can help facilitate the process.

Contact us to request a free consultation.

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Our Approach

Effective governance starts with having the right leadership structure in place, supported with the processes and toolset to help find the right balance between providing strategic direction and ensuring effective oversight. However, a McKinsey report shows that most boards still fall short, with more than a quarter of the 1,119 directors recently surveyed indicating that board’s decisions and activities have moderate to low impact on the organization’s long-term value creation.

With our Governance , Risk, and Compliance practice, we help our clients develop an agile approach to decision-making, with more time spent at the board level on value-creation discussions than fiduciary activities. We help design and implement a tailored governance solution that enables a forward-looking approach to investments and resource allocation discussions on people, process and technology.

We also help our clients develop an integrated corporate and line-of-business governance framework. This involves defining consistent principles that guide the composition of committees boards and working groups.

Highlights

  • Decision making framework
  • Terms of reference of governance bodies
  • Board effectiveness
  • Governance processes and toolset
  • Risk Management framework
  • Continuous improvement

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