<p class="MsoNormal">Before we can fully understand the benefits of GRC, understanding
why companies are embracing the practice is important. In an evolving corporate
landscape, organizations are learning to respond to the:<o:p></o:p></p><p class="MsoNormal"><o:p>&nbsp;</o:p></p><ul><li>Increasing risks associated with third-party business
relationships<o:p></o:p></li><li>Dynamic and unpredictable legal landscape<o:p></o:p></li><li>Ongoing advancements in technology<o:p></o:p></li><li>Growing costs that are associated with a reactive approach
to risk<o:p></o:p></li></ul><p class="MsoNormal"><o:p>&nbsp;</o:p></p><p>













</p><p class="MsoNormal">To maintain a competitive advantage, a business must be
agile and respond in a timely manner to the changing risks, regulations, laws
and situations it is presented with. If effectively integrated into a business,
GRC helps to control those risks by aligning business units, maintaining
accurate information and improving efficiencies across the entire organization.<o:p></o:p></p>