This report draws from this standard as well as industry best practices to explain this crucial step, which includes establishing the internal context, the external context, the risk management context, and the risk criteria; your attention to these details will likely mean the difference between a program that adds value by meeting expectations and one that fails to garner widespread support and ultimately collapses.
What you’ll learn from this report:
- How the risk management role is earning more attention
- How to define the objectives and success metrics of your GRC program
- How to make even a streamlined program effective