Understanding GPRC
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GPRC is a comprehensive framework for governing and managing an organization's performance, risk, and compliance. It promotes collaboration and operational effectiveness by ensuring shared information and goals across management disciplines, while also enabling real-time insights and proactive risk management. Establishing solid practices and processes in GPRC is essential before leveraging technology for program enhancement.
Understanding GPRC
- 1. corporater.com/gprc | corporater.com/infpgraphics | © Corporater. All rights reserved. GOVERNANCE COMPLIANCE PERFORMANCE RISK “GPRC is a framework for governing, managing, and assuring your company’s performance, risk, and compliance.” GPRC is a mindset that fosters excellence, control, and resilience in today’s business landscape. It is built on a common business management platform where all the management disciplines share the same information, shared goals, vision, processes, and terminology, enabling the right people to get the right information at the right time. It is not just a standalone technology or a checklist to tick off; it is a comprehensive approach towards effective governance, management, and assurance of an organization’s performance, risk, and compliance. GPRC cultivates an environment where all aspects of the organization work together toward the same goal due to the interconnectedness and digitalization fostered by it. It streamlines decision-making processes, promotes collaboration between departments, and enhances operational effectiveness. GPRC technology can enable, streamline and enhance a GPRC program. However, it is crucial to first establish a solid foundation in GPRC practices and processes. GPRC technology can provide real-time insights and enable proactive risk management. 1 2 3 4 5 6 7 GPRC Understanding GPRC (Governance, Performance, Risk and Compliance)