6.5. Executive and Board Involvement

The GRC team will be successful only when it gets all the business functions to play on the same field at the same time. To accomplish this, the GRC team needs proper backing from the highest levels of the organization, including the Board of Directors. For example, suppose the GRC team asks to meet with executive management to understand the company's corporate merger and acquisition (M&A) strategy and the associated risks. Without backing from the highest levels, this request will likely be met with resistance. People have a natural tendency to feel second-guessed when you start asking questions. In addition, they don't want to invest time and energy working on something if they don't understand how it ...

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