Governance Risk Management and Compliance
Effective Governance, Risk Management and Compliance (GRC) work together to enable organisations to meet their objectives.
Whatever the governance, risk management and compliance need, OCM has the capacity and capability to assist you. Our services include:
Our services include:
- Policies and Procedures Development
- Risk Management Policies, Frameworks and Assessments
- Corporate Compliance Frameworks
- Board and Audit Committee Effectiveness
- Project Governance
- Business Continuity Management
- ICT Risk Management
Governance is the system by which organisations are directed and controlled, involving the allocation of rights and responsibilities across all levels or the organisation. OCM works with boards and directors who are charged with the responsibility of implementing and maintaining good corporate governance, which includes risk management and compliance.
Risk management, when implemented correctly, has the capability to identify, predict and manage risks that could prevent an organisation from meeting its objectives. OCM works with management to deliver on the objective of risk management, identifying potential events that may impact an organisation, quantify the impact and likelihood of occurrence and manage the risk in accordance with the organisation’s risk appetite. Compliance is the process by which organisations identify and meet their strategic obligations whether arising in law, standards, and codes or from stakeholder expectations.
Implementing and managing an effectively integrated GRC system allows organisations to operate at optimal efficiency, avoiding duplication and associated costs while enhancing its adaptability to changes in technology, regulation and market conditions.
OCM has a team of highly skilled professionals who can work with you to address your GRC needs. These may include better defining the decision-making processes for both financial and non-financial areas and the underlying schedule of authorities; establishing governance, risk and compliance frameworks; policy development; reviewing project governance structures; facilitating risk assessments; and assessing the effectiveness of your Board or the Audit and Risk Committee.
Our Governance Risk Management and Compliance Service
Rapid changes in the business, technology, and regulatory environments continuously challenge enterprise GRC programs. Our experienced GRC practitioners come from a variety of backgrounds and industry sectors and have assisted many of our clients to develop and implement practical, cost effective and efficient GRC solutions to enable them to operate more efficiently and effectively.