The multi-billion dollar black hole: Is your governance, risk and compliance investment being sucked in? - Throwing money into a black hole

Summary: Driven by a fear of failure or scandal, companies are blindly pouring money into governance, risk and compliance activities and seeing no real return on investment. Ernst & Young offers a cohesive risk strategy to better leverage your multi-billion dollar GRC investment.

After the most severe economic crisis in a generation, business is acutely conscious of the need to demonstrate sound risk management.

Companies have invested heavily in governance, risk management and compliance (GRC), increasing the size, magnitude and reach of their GRC functions. Some believe that their reputations, customer loyalty and even credit rating and access to capital depend on it.

See full Report.