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. |
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| 1.2 | Determine if a GRC solution is right for you. |
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| 1.3 | Develop the GRC Procurement Charter. |
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| 1.4 | Identify your best-fit use-case scenario. |
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| 1.5 | Brainstorm baseline metrics and target goals to gauge the solution’s effectiveness. |
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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. |
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| 2.2 | Create a custom vendor shortlist. |
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| 2.3 | Develop Request for Proposal (RFP). |
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| 2.4 | Standardize a Vendor Demo Script. |
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| 2.5 | Plan the implementation, including building, testing, and rolling it out. |
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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.
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