ANX Corporate Blog

What does 2011 hold in store for your GRC program? My first three predictions were:

Prediction #1: Greater Focus on Risk Management Capabilities
Prediction #2: Redeployment of Internal Resources
Prediction #3: Self-Service for Greater Efficiency
Prediction #4: Increase Use of Contract / Vendor Management

Read below for my final prediction for 2011 GRC programs.

Prediction #5 | SaaS Overtakes Software

It’s no secret the traditional favorite of clients is to implement an on-premise solution.  However, in 2011, more than 50% of new implementations will leverage a SaaS delivery model for GRC.  In today’s economy, when organizations are able to take advantage of lower operating costs, faster time to value, less implementation risk, more flexibility, and less vendor risk when...

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What does 2011 hold in store for your GRC program? My first three predictions were:

Prediction #1: Greater Focus on Risk Management Capabilities
Prediction #2: Redeployment of Internal Resources
Prediction #3: Self-Service for Greater Efficiency

Read below for my fourth prediction for 2011 GRC programs.

Prediction #4 | Increase Use of Contract / Vendor Management

As regulatory requirements expand, usage of the ‘cloud’ and SaaS technologies grows, and the number of obligations imposed by business partners increase, 2011 will show that leading organizations will need to utilize an enterprise-wide vendor risk management process and control library.  I believe we will see an upward trend in organizations using standard vendor assessments and leveraging industry frameworks, such...

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What does 2011 hold in store for your GRC program? My first two predictions were:

Prediction #1: Greater Focus on Risk Management Capabilities
Prediction #2: Redeployment of Internal Resources

Read below for my third prediction for 2011 GRC programs.

Prediction #3 | Self-Service for Greater Efficiency

GRC staff such as risk, compliance, internal audit, and security personnel define the rules of the game and referee but line managers execute the majority of GRC activity.  In 2011, leading organizations will empower line managers with the technology and corporate-approved processes and content they need to plan and execute their own GRC initiatives, ultimately reducing the cost of GRC and blending it more seamlessly with the organization.

I believe that organizations who...

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It’s certainly not news that 2010 has been a tough year for organizations looking to establish and maintain an effective GRC program as they face the ongoing challenges of balancing GRC obligations with budget and resource constraints.  In 2011, as the number of applicable regulations and standards increase and organizations look to protect themselves against security breaches, I expect the importance of GRC to increase in the coming year. 

So, where should your organization start? Over my next five blogs posts, I will share my five predictions for what 2011 holds in store for your GRC program.

Prediction #1 | Greater Focus on Risk Management Capabilities

Although many pundits have predicted more focus on risk management for years, in my discussions with clients, I haven’t...

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Steve Akers, Director of Managed Risk and Compliance Services, to join GRC thought leaders in the Next Generation of GRC Products and Services Panel Discussion

Farmington Hills, MI – November 29, 2010 – TruArx®, a leader in cost-effective, easy-to-implement governance, risk and compliance (GRC) solutions, today announced that Steve Akers, director of managed risk and compliance services, will be speaking at the MIS Training Institute (MISTI) GRC 2010 Conference. Beginning November 30^th at the Omni Berkshire Place Hotel in New York City MISTI GRC 2010 is an exclusive two-day training conference covering essential components of a successful GRC strategy.

“Ensuring that security professionals are able to leverage the best tools and services in the marketplace to meet their...

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