Control Assurance Planning

Vibrant sustainable businesses are created and maintained through a tailored mix of Governance, Risk Management and Compliance controls built by the Board.  At the heart of an effective GRC framework is the mission and the strategic direction. Responsible for the mission and strategy, an effective Board nurtures the mission and vision, assisted firstly by an appointed senior management, and secondly by an array of internal and external ‘early warning checks and balances’ designed to highlight any drift away from planned outcomes.

Our consulting focus is organised around the following GRC (Governance, Risk & Compliance) framework:

Well thought out and implemented GRC framework is ‘safety net’ and a statement which essentially says ‘this is how we do business here’.

Day-to-day operational decisions made should balance ethically soundness with commercially validity. A GRC is not a rule book but a set of principles designed to guide day-to-day operations that will lead to a more efficient, effective and enduring ethically managed business.

The GRC framework blends both formal and inherent controls, that latter visually depicted as the:

The sense of commercial trust built through adopting such a commercial outlook becomes an enduring feature of the organisation’s competitive advantage.