GRC Fundamentals: Integrating Governance, Risk, and Compliance

Governance, Risk and Compliance October 25, 2025
Enquire About This Course

Introduction

This foundational course provides a comprehensive introduction to the integrated framework of Governance, Risk, and Compliance (GRC) and its critical role in modern organizational management. Participants will learn how these three disciplines interconnect to create a cohesive approach to organizational oversight and control. The curriculum covers the fundamental principles, frameworks, and practices that enable effective GRC implementation across various business functions. Through practical examples and case studies, learners will develop a solid understanding of how integrated GRC contributes to organizational resilience and sustainable performance.

Objectives

Upon completion, participants will be able to:

  • Define and differentiate governance, risk, and compliance components
  • Explain the business value and benefits of integrated GRC
  • Identify key GRC frameworks and standards
  • Map GRC processes to organizational objectives
  • Recognize common GRC challenges and implementation barriers
  • Apply basic risk assessment and compliance monitoring techniques
  • Develop simple GRC metrics and reporting mechanisms
  • Understand the role of technology in GRC implementation
  • Communicate GRC concepts to non-technical stakeholders

Target Audience

  • Aspiring GRC Professionals
  • Compliance Officers
  • Risk Management Staff
  • Internal Auditors
  • Business Unit Managers
  • IT Professionals
  • Legal and Regulatory Staff
  • Recent Graduates in Business/Accounting

Methodology

  • Interactive lectures with real-world examples
  • Case studies of GRC implementation successes and failures
  • Group exercises on risk assessment and compliance mapping
  • Individual assignments on framework development
  • Role-playing scenarios for stakeholder communication
  • Mini-case studies of regulatory compliance challenges
  • Syndicate discussions on GRC integration barriers
  • Technology demonstration sessions

Personal Impact

  • Solid foundation in GRC principles and practices
  • Enhanced analytical and critical thinking skills
  • Improved risk assessment capabilities
  • Better understanding of regulatory requirements
  • Increased confidence in compliance management
  • Stronger communication and reporting skills

Organizational Impact

  • More consistent approach to risk and compliance
  • Reduced duplication of efforts across functions
  • Improved regulatory compliance posture
  • Enhanced decision-making through integrated information
  • Better resource allocation for control activities
  • Stronger organizational resilience

Course Outline

GRC Foundation and Concepts

Introduction to GRC
  • Definition and evolution of GRC
  • Three pillars: Governance, Risk, Compliance
  • Business case for integrated GRC
  • GRC maturity models and assessment
Core Principles
  • Accountability and responsibility frameworks
  • Transparency and disclosure requirements
  • Ethical foundations of GRC
  • Stakeholder expectations management

Governance Fundamentals

Corporate Governance Framework
  • Board structure and committee roles
  • Executive management responsibilities
  • Policy development and management
  • Strategic alignment and oversight
Governance Mechanisms
  • Decision rights and authorities
  • Performance monitoring and reporting
  • Culture and tone from the top
  • Whistleblower and reporting channels

Risk Management Basics

Risk Management Principles
  • Risk identification and categorization
  • Risk assessment methodologies
  • Risk appetite and tolerance frameworks
  • Risk response strategies
Risk Framework Implementation
  • Risk register development
  • Control identification and evaluation
  • Risk monitoring and reporting
  • Business continuity planning

Compliance Management Essentials

Compliance Framework
  • Regulatory landscape mapping
  • Compliance obligations register
  • Policy and procedure development
  • Training and awareness programs
Compliance Operations
  • Monitoring and testing activities
  • Issue management and remediation
  • Compliance reporting
  • Regulatory change management

GRC Integration Approaches

Integration Strategies
  • Common GRC integration challenges
  • Process alignment techniques
  • Information sharing protocols
  • Cross-functional collaboration
Technology Enablement
  • GRC technology landscape
  • System selection criteria
  • Implementation planning
  • Data integration approaches

GRC Measurement and Reporting

Performance Metrics
  • Key risk indicators (KRIs)
  • Key performance indicators (KPIs)
  • Key control indicators (KCIs)
  • Dashboard development
Reporting and Communication
  • Board and committee reporting
  • Management reporting packages
  • Stakeholder communication strategies
  • Regulatory submission requirements

Ready to Learn More?

Have questions about this course? Get in touch with our training consultants.

Submit Your Enquiry