How Smaller Organizations Can Aim For Big Compliance Gains

While smaller organizations may lack the resources of their larger peers for the critical task of operating a strong governance, risk and compliance program, leaders in GRC said those same organizations still have ample opportunity to efficiently increase maturity and effectiveness.

By leaning on some quick wins and low-to-no-cost tools, resource-constrained organizations can still assess their maturity and aim for the kind of GRC program performance that is increasingly expected from organizations large and small, experts said.

Alongside Rebecca Walker, partner at GRC-specialist law firm Kaplan & Walker LLP, Harned spoke as part of the 2023 NAVEX Next Virtual Conference. The industry leaders said small-to-medium-sized-businesses (SMBs) should start by acknowledging the importance of GRC to their organizations.