http://spr.ly/SBOUC_VP - Governance, risk and compliance (GRC) programs advance in response to added compliance requirements and the need for further risk oversight. Successful GRC programs have leveraged business intelligence to meet monitoring, analytical and reporting needs. Learn how BI innovations may allow GRC to be managed more strategically in real time and with predictive analytics. Presenter: Bruce McCuaig, SAP
20. Current
State
Integrating GRC – Aligning Three Perspectives
Three distinctly different views are integrated for fire prevention
Fires are inevitable but Document and test
1. The Control they can be extinguished controls. Identify
Perspective if detected promptly. issues and correct
Install fire extinguishers. deficient controls
Fires occur when Find the risk drivers
2. The Risk flammable material is for risk categories
Perspective exposed to a source of and monitor key risk
ignition Find and eliminate indicators to avert
those causes. Avert fires risk events
Careless people cause Develop policy,
fires. Persuading people to communicate,
2. The Compliance change behavior will motivate and train
Perspective prevent fires. to manage risky
behavior
19
39. The Role of BI in GRC - Examples
Three distinctly different views are integrated for fire prevention
Fires are inevitable but Document and test
1. The Control they can be extinguished controls. Identify
Perspective if detected promptly. issues and correct
Install fire extinguishers. deficient controls
Fires occur when Find the risk drivers
2. The Risk flammable material is for risk categories
Perspective exposed to a source of and monitor key risk
ignition Find and eliminate indicators to avert
those causes. Avert fires risk events
Careless people cause Develop policy,
fires. Persuading people to communicate,
2. The Compliance change behavior will motivate and train
Perspective prevent fires. to manage risky
behavior
38