Many organisations have a risk register. Fewer actually use it when they make decisions.
Four signs your GRC work is really supporting leadership
- Every risk is linked to the objective or project it threatens.
- Every risk has one owner and a response plan with a due date.
- Likelihood and impact are reassessed on a set schedule, not once a year.
- Controls and obligations are tracked against the risks they address.
The takeaway
A risk register reviewed regularly with leadership is a decision tool. One updated only before an audit is just a file.
Where Masarkum fits
If you want to see how these checks look on your own work in Masarkum's GRC Management module, request a demo.