1. GRC- GOVERNANCE, RISK MANAGEMENT & COMPLIANCE HR GLOBE CONSULTING www.hrglobeconsulting.com

2. INTRODUCTION GRC : an integrated approach, aligned to - Avoid gaps. - wasteful overlaps. - Conflicts in organizations. Widely adopted and required in organizations today. Cases where in it is not followed leads to – E.g.- Satyam Computers Fiasco!

3. ENTERPRISE RISK MANAGEMENT CORPORATE GOVERNANCE CORPORATE COMPLIANCE

4. RISK MANAGEMENT Works upon analyzing the risks which can impact organizations to reach its objectives. Risks can come from -uncertain financial markets. -Project failures. -Natural causes and disasters. -Legal liabilities. -Credit risk.

5. PRINCIPLES OF RISK MANAGEMENT CREATE VALUEBE AN INTEGRAL PART OF ORGANIZATIONPART OF DECISION MAKINGADDRESS UNCERTAINITY & ASSUMPTIONBE TRANSPARENT AND EXCLUSIVEBE DYNAMIC, ITERATE & RESPONSIVE TO CHANGE

6. -Overall management approach used by senior executives to control & direct organization. -Focus lies on appropriate management decision making. -To ensure strategies, directions & instructions are followed systematically.

7.  Good Corporate Governance plays a vital role in integrity & efficiency of financial markets.  If poor, it weakens company’s potential & opens doors to frauds.  Better Governance, helps in out performing.  Helps in creating an edge over competitors.

8. CORPORATE COMPLIANCE Rotates around confirming stated rules. Interest in this was sparked by SOX i.e Sarbanes Oxley act. It is responsibility of employers and employees equally. Open line of communication between compliance officer & employees is critical to successful operations.

9. WHAT IF NO GRC?? NO RULES & REGULATIONMISMANAGAMENTDOWNTURN OF ORGANIZATIONHAMPERS GROWTHLACK OF TRANSPARENCY

10. CONCLUSION The effective Corporate governance, risk management and corporate compliance – -Attracts investments. -Helps keeping the companies directed & controlled. -Ensures accountable, transparent & fair relationship in the organization. -Improves operational performance. -Gives better access to capital. -It gives higher firm valuation. -It improves sustainability.

11. HR GLOBE CONSULTING www.hrglobeconsulting.com THANK YOU