Taking The Reins: HR's Opportunity To Play A Leadership Role In Governance, Risk Management
Source: Deloitte Development
Governance, Risk management, and Compliance - "GRC" for short - are hot topics in boardrooms and executive suites around the world. And where they aren't, they should be. Accounting scandals and other corporate misdeeds have put companies under greater scrutiny than at any time since the 1930s. Moreover, as businesses expand globally, they face increasing challenges in GRC areas ranging from foreign corruption and transfer pricing to environmental regulations, hiring practices, international tax, and more. In this new business environment, the opportunities for grievous errors - or deliberate misconduct - are huge and growing.