The rise of "GRC flexibility"
Is the term "GRC flexibility" destined to become a trendy topic in 2013?
There is no sure shot for aspirants to buzzword status, but the idea is compelling. Steve McGraw, the GRC president for SAI Global, has been beating the drum for it.
He said that, "GRC flexibility is enabled when a company can use a common platform comprised of modular applications to support global, ever-changing requirements. Benefits of utilizing a solution that provides this flexibility include greater utility value and ease-of-use, as well as reduced overhead. Even organizations that are motivated by a specific need, such as incident management in response to increasing risks from whistle-blower allegations, can benefit from utilizing a flexible solution that addresses the immediate need and offers the flexibility of expansion in support of future requirements."
The idea of common platforms and modular applications is not new. It will sound a little ERP-like to some, but that's a good thing when you think about it. ERP is now ubiquitous, and most see it as a platform upon which they can build. Similarly, GRC platforms should be able to support future development in response to needs that can't yet be seen.
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