Select and Implement a Governance, Risk, and Compliance (GRC) Solution
Select and Implement a Governance, Risk, and Compliance (GRC) Solution
Synchronize your enterprise governance, risk, and compliance to optimize operational efficiency.
Onsite Workshop
Without a GRC solution, an organization runs the following risks:
Regulatory fines from inconsistent/unenforced policies and procedures inefficiently distributed to users.
Unidentified and unmanaged risks and threats inhibiting corporate goals.
Wasted resources attempting to manually centralize and manage assets, audit, financial control, etc. information.
Implementing a GRC solution across the organization results in:
Centralized policies and procedures, supporting compliance requirements.
Smarter strategic decisions, while risks and opportunities are identified.
Strengthened collaboration across departments, from IT and security, to audit and legal.
Module 1: Launch the GRC Project
The Purpose
Understand the GRC marketspace.
Plan the GRC procurement process.
Identify the use case scenarios that align with your GRC requirements.
Determine baseline metrics to evaluate the solution’s effectiveness.
Key Benefits Achieved
Be aware of the options existing and where the market is going with respect to GRC solutions.
A formally documented procurement process will keep the process on track as individuals are aware of roles, responsibilities, deadlines, etc.
Focus on the use case scenario that applies to your organization.
Assess your GRC solution based on concrete metrics that matter.
Activities:
Outputs:
1.1
Discuss the current GRC market.
Realistic perspective of the GRC marketspace.
1.2
Determine if a GRC solution is right for you.
Aspects that require a fully implemented GRC module.
1.3
Develop the GRC Procurement Charter.
Formalized procurement process.
1.4
Identify your best-fit use-case scenario.
The most appropriate use-case scenario to structure your evaluation around.
1.5
Brainstorm baseline metrics and target goals to gauge the solution’s effectiveness.
Set of metrics to track the effectiveness of the solution.
Module 2: Plan Your Procurement and Implementation Process
The Purpose
Review the vendor profiles to understand strengths, weaknesses, and challenges.
Customize the RFP to submit to vendors.
Ensure vendor demos focus on the features you care about, rather than simply highlighting their strengths.
Learn from best practices to streamline the implementation process and leverage all available resources to get started.
Key Benefits Achieved
Select a solution that meets your requirements and fulfills your specific needs. What’s best for one organization isn’t necessarily best for everyone.
Save time developing the RFP to share the statement of work, scope of work, requirements, budget & estimated pricing, etc.
Realistic view of the products performing relevant tasks.
Simplified and efficient implementation plans.
Activities:
Outputs:
2.1
Analyze the vendor landscape.
Detailed understanding of the vendor landscape.
2.2
Create a custom vendor shortlist.
Narrowed down list of suitable solutions.
2.3
Develop Request for Proposal (RFP).
Completed and reviewed RFP document.
2.4
Standardize a Vendor Demo Script.
Fairly evaluated vendor demos.
2.5
Plan the implementation, including building, testing, and rolling it out.
Best practices regarding GRC implementation.
Book Your Workshop
Onsite Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn’t enough, we offer low-cost onsite delivery of our Project Workshops. We take you through every phase of your project and ensure that you have a road map in place to complete your project successfully.
Book Your Workshop