The GRC Pillars: Governance, Risk, and Compliance

This podcast episode of The Compliance Officer’s Playbook explains the three pillars of Governance, Risk, and Compliance (GRC). Governance sets the organisational framework and direction; Risk Management identifies, assesses, and mitigates potential threats; and Compliance ensures adherence to laws, regulations, and internal policies. The episode stresses that these pillars are interconnected and crucial for ethical, sustainable organisational success, offering best practices for implementation, including establishing accountability, integrating GRC into company culture, leveraging technology, and continuous monitoring. The podcast aims to equip compliance professionals with a foundational understanding of GRC.

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