The Future of Governance, Risk, and Compliance for Businesses is an instructive event concentrated on the processes and procedures that help organizations attain their business goals, overcome uncertainty, and act with probity. The main goal of GRC is to bring the best business implementation into everyday life. It's not a contemporary concept, but GRC has gained status because it's riskier, more intricate, and more destructive. Experts from international brands share their understanding into an amalgamated set of potentiality that enables organizations to achieve their goals accurately, overcome uncertainty, and act with integrity. Governance, Risk Management, and Compliance (GRC) is a relatively new corporate governance system that integrates these three critical functions into the processes of all departments in an organization.
GRC in Data Warehousing and Business Intelligence
GRC vendors with integrated data frameworks can now deliver tailored GRC data warehouses and business intelligence solutions. This makes it possible to collect and analyze high-value data from any number of existing GRC applications. Aggregating GRC data using this approach offers significant additional benefits in identifying risks early and improving business processes and controls.
Other benefits of this approach include the ability for legacy, specialized, and high-value applications to continue without compromise. It also makes it easier for organizations to manage the transition to an integrated GRC approach, as the initial change only adds to the reporting layer, and it also provides real-time capabilities for comparison and reconciliation where previously there was no common data schema.
The GRC Approach
As stated earlier, CRM is the best implemented holistically, encompassing the entire organization. The open source approach known as the GRC Competency Model integrates different unified approaches such as understanding the context, culture of the organization, and key stakeholders to provide information about the objectives. goals, strategies, and actions which comprise Aligning strategy with goals and action with strategy, using effective decision-making that considers values, opportunities, threats, and requirements.
Doing actions that promote and reward the desired, prevent and correct the undesirable, and detect when something is happening as soon as possible. Review the design and performance of strategies and actions, and the continued relevance of objectives for organizational improvement.
Significance for Organizational Success
GRC provides an organization with a structured approach to aligning its governance policies and processes with business objectives while effectively managing risk and meeting compliance requirements set by a powerful, agile, and integrated GRC program. It can provide a unified view of risk and compliance requirements across the organization. As a result, every stakeholder is empowered to make better business decisions faster and with the support of quality and intelligent data.
These practices act as a driver of performance and competitive differentiation, shaping an organization's culture based on ethics and integrity and allowing the organization to confidently pursue new developments, find new opportunities, and streamline operations.
“Being able to be repeated controllably is one key element in risk management.” ― Toba Beta
Regulatory compliance is critical to managing risk.” ― Hendrith Vanlon Smith Jr
Innovative keynotes delivered by the industry's true heavyweights, covering practical challenges and subjects which are exclusively entailed in our agenda. Gain subject matter expertise, network, and collaborate to explore solutions that shed light on future business models impacting revenue inflows.
Boost your Business
Futurista Start-up Elevate is a dedicated platform for Startups and VCs. We offer industry-specific startups a showcasing opportunity, enabling them to connect with corresponding VCs and Mentors. A win-win dynamic is created to attain the desired exposure for startups who are looking forward to scaling up their businesses.
Intelligent Event Experience
A smart application will help you connect with key decision makers, share files, brainstorm ideas, and have a seamless networking experience. A comprehensive module covering the entire event, compiled for training purposes, to be made available post-conference, exclusively for the attendees.
IT Compliance Management
Regulation & Compliance
Compliance Management Systems
Food & Beverage
A premium networking experience with a pristine venue, smart applications, and fine dining services, enabling our delegates to make the most out of their time in a business class environment.
Filtered invitations for the selected key decision makers representing the world's largest organizations across industries, academia, and government organizations, making the conference apt and productive in all aspects.
Provision of a platform to innovative start-ups, leading solution providers, and cutting-edge product developers.
Customized packages designed for the right id of exposure, for the right kind of audience.
Most creative people in business: leaders who are shaping the Future of business in creative ways.
World changing ideas: Products, concepts and policies that are perusing innovation for good.
Innovation by design: the best products, services, interfaces and design ideas in business.
Most innovative companies: The top companies in technology, media, finance and more.
Futurista Startup Elevate is a platform that transforms big-ideas into reality! The FGRC2023 12th September, 2023 will fuel start-ups to take themselves to the top by providing access to VC's, Mentors, and Potential Clientele from the corresponding industries. The perks include Product Showcasing, Speaking Slots, and Campaigns running among our thoroughly researched pack of delegates.
“One of the main cyber-risks is to think they don’t exist. The other is to try to treat all potential risks. Fix the basics, protect first what matters for your business and be ready to react properly to pertinent threats. Think data, but also business services integrity, awareness, customer experience, compliance, and reputation.”― Stephane Nappo