{"id":8906,"date":"2021-11-30T11:10:52","date_gmt":"2021-11-30T11:10:52","guid":{"rendered":"https:\/\/zhorse.net\/?p=8906"},"modified":"2022-02-17T19:27:52","modified_gmt":"2022-02-17T19:27:52","slug":"having-a-grc-mindset","status":"publish","type":"post","link":"https:\/\/zhorse.net\/risk-management\/having-a-grc-mindset\/","title":{"rendered":"Having a GRC Mindset"},"content":{"rendered":"\n<p>There is a plethora of GRC software in the market.&nbsp;Seems that everyday we get inundated with the newest, the best, the most \u201cintuitive\u201d and a host of other designations.&nbsp; The truth is that there is good software available and we should all take a moment to assure ourselves that the software we have chosen meets our needs.&nbsp; To some, even members of the Board of Directors, it appears that software is the \u201canswer\u201d to all risk questions?&nbsp; That seems a bit onerous for a software program so if not just software, what else is needed?<\/p>\n\n\n\n<p>First of all, software is a plus and it is a requirement driven by the pace of events, information availability and managements incessant need to know. But one could argue that there is more to GRC mastery than simply software. It is what we call the <strong><em>GRC MINDSET.<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">So what exactly is the \u201c<strong>GRC MINDSET<\/strong>?\u201d<\/h3>\n\n\n\n<p>The \u201cmindset\u201d is how risk managers develop their own personal mental approach to risk management.&nbsp; Regardless of the industry or market sector where one resides, risk management continues to be a global attribute of good management. Because of that, and in addition to software, the GRC Mindset can be a difference maker.&nbsp; We define the <strong><em>GRC Mindset<\/em><\/strong> as the ability to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong><em>Visualize<\/em><\/strong> an integrated risk profile.&nbsp; No longer relying on just a formulaic risk assessment, but including motivation, management, process and organization lifecycle, in the visualization and implementation of risk management processes.<\/li><li><strong><em>Capture<\/em><\/strong> the impact of one risk on many processes and many risks on one process. Stepping away from the tendency to segment all risks (a great analytic tool) from each other and see them in their real integrated form (another great analytic tool).<\/li><li><strong><em>Sense<\/em><\/strong> the probability of impact from risk events on the organization and developing and early warning system that is enhanced by monitoring and individual, as well as integrated, triggers.<\/li><li><strong><em>Know<\/em><\/strong> that the response to emerging risk is the key to managing it. Human beings are not good at predicting that which may occur so the focus on rapid response can actually save an organization.<\/li><li><strong><em>Demonstrate<\/em><\/strong> the character to not waste time on that which does not affect us but also show the humility to know what does.<\/li><\/ul>\n\n\n\n<p>Once we meld the GRC Mindset with the software solution we select to help us administer our management style we can become extremely valuable to our organizations and support their growth, profitability and long term success.&nbsp; Without the <strong>GRC MINDSET<\/strong>, we relegate ourselves to just being another report driven, software supported line item on an organization chart.&nbsp; We should strive to be more. Yes, we can do it!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is a plethora of GRC software in the market.&nbsp;Seems that everyday we get inundated with the newest, the best, the most \u201cintuitive\u201d and a host of other designations.&nbsp; The truth is that there is good software available and we [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8905,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50,49,48],"tags":[],"class_list":["post-8906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-compliance","category-governance","category-risk-management"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Having a GRC Mindset - Z Horse - GRC Software<\/title>\n<meta name=\"description\" content=\"The \u201cmindset\u201d is how risk managers develop their own personal mental approach to risk management.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zhorse.net\/risk-management\/having-a-grc-mindset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Having a GRC Mindset - Z Horse - GRC Software\" \/>\n<meta property=\"og:description\" content=\"The \u201cmindset\u201d is how risk managers develop their own personal mental approach to risk management.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zhorse.net\/risk-management\/having-a-grc-mindset\/\" \/>\n<meta property=\"og:site_name\" content=\"Z Horse - GRC Software\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZHorseGRC\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-30T11:10:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-17T19:27:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/zhorse.net\/wp-content\/uploads\/2021\/11\/having-a-grc-mindset.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"960\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u00c1lvaro Trujillo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZHorseGRC\" \/>\n<meta name=\"twitter:site\" content=\"@ZHorseGRC\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u00c1lvaro Trujillo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/zhorse.net\/risk-management\/having-a-grc-mindset\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/zhorse.net\/risk-management\/having-a-grc-mindset\/\"},\"author\":{\"name\":\"\u00c1lvaro Trujillo\",\"@id\":\"https:\/\/zhorse.net\/#\/schema\/person\/b06d0246cdca3e4779bc96fa77000d1e\"},\"headline\":\"Having a GRC Mindset\",\"datePublished\":\"2021-11-30T11:10:52+00:00\",\"dateModified\":\"2022-02-17T19:27:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/zhorse.net\/risk-management\/having-a-grc-mindset\/\"},\"wordCount\":454,\"publisher\":{\"@id\":\"https:\/\/zhorse.net\/#organization\"},\"image\":{\"@id\":\"https:\/\/zhorse.net\/risk-management\/having-a-grc-mindset\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/zhorse.net\/wp-content\/uploads\/2021\/11\/having-a-grc-mindset.jpg\",\"articleSection\":[\"Compliance\",\"Governance\",\"Risk Management\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/zhorse.net\/risk-management\/having-a-grc-mindset\/\",\"url\":\"https:\/\/zhorse.net\/risk-management\/having-a-grc-mindset\/\",\"name\":\"Having a GRC Mindset - 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