Learn Your Business Context for Principled Performance
Principled Performance is all about being able to reliably achieve objectives while addressing uncertainty and acting with integrity. To effectively set and maintain meaningful objectives and strategies you must learn about key influencing factors in your external and internal business contexts.
These contexts affect your ability to perform, reduce uncertainty, and act with integrity. Constant monitoring and analysis of influencing factors is critical. Start by considering current objectives and strategies as you design what you need to learn.
The Learn Component of the OCEG GRC Capability Model 3.0 (Red Book), is the focus of this illustration, the first installment in the OCEG GRC Capabilities Illustrated infographic series. It provides a visual representation of the internal and external business context in which we operate, how to design durable objectives, and how to implement appropriate risk and compliance management to ensure you meet those objectives.
Developed by OCEG with contributions from Hiperos, Thomson Reuters and Workiva.