GRC Challenges
The GRC challenges organisations report are remarkably consistent, and most of them trace back to a single early decision. The tool was chosen before anyone agreed what the obligations were.
Low adoption. People will not maintain a register they did not help build and do not believe in.
Data that ages instantly. A risk register updated quarterly for an audit is a historical document.
Reporting nobody reads. Heat maps that never change and dashboards with no decision attached.
Duplicate registers. Safety, legal and finance each keeping their own version.
No line to consequence. Nothing changes when a control fails, so nothing changes.
Start with the obligations, agree who owns them, then choose the system to carry them. Doing it in that order removes most of the list above before it appears. Safe Work Australia covers the WHS component. This is general information rather than legal advice.
See Sentrient’s GRC system and GRC articles.
5 Common Governance Risk And Compliance Challenges, And How To Overcome Them
Quick Answer: The five governance risk and compliance challenges that persist in Australian organisations are unclear ownership of the GRC process, no single framework, keeping pace with regulatory change, manual processes that cannot produce evidence, and a gap between stated culture and actual behaviour. None is a technology problem at root. Each is a decision […]
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