Limitations of Current GRC and Innovation Management Practices
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چکیده
The current lack of integration of Governance Risk and Compliance (GRC), Innovation, IT and Strategy results in lost opportunities for growth. If a recent KPMG (2011) Report reflects the true picture, less than 10% of businesses today demonstrate full integration of GRC activities with their business strategy. This paper argues for Board level support for better ‘Absorptive Capacity’ across the entire organization to drive innovation, growth and sustainability.
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