While contemplating about the essence of Governance, Risk and Compliance (GRC), it struck me how strongly GRC can be viewed from the perspective of the traditional cardinal virtues.
While contemplating about the essence of Governance, Risk and Compliance (GRC), it struck me how strongly GRC can be viewed from the perspective of the traditional cardinal virtues.
The McKinsey 7S Framework is a management model that dates back to 1980. It is a well-known model that is used to help identify what needs to be realigned to improve performance, or to maintain alignment (and performance) during types of change. The 7-P model has a similar function to identify and curate the essence of Governance, Risk and Compliance issues.