Principled Performance®
The Goal of GRC
Principled Performance is an approach to business that helps organizations reliably achieve objectives, address uncertainty and act with integrity.
Pillars of Principled Performance
The three pillars of Principled Performance must be strong enough to hold up your organization.
Principled Purpose
A principled purpose is perhaps the most basic starting point for principled performance. Defining your highest purpose via mission, vision and values guide everything that the organization does.
Principled People
Leadership, the workforce and extended enterprise must comprise principled people who have strong character, and who consistently direct their energies toward a principled purpose.
Principled Pathway
Break down silos and leverage common capabilities in every key system that keeps an organization on track including governance, strategic management, performance management, risk management, compliance management and audit management systems. Check out our Principled Pathway Illustration.
10 Universal Outcomes of Principled Performance
Another way to look at the benefits of Principled Performance is through the lens of universal outcomes of high-performing GRC capabilities that every organization should seek to achieve.
Achieve Business Objectives
Ensure that all parts of the organization work together toward the achievement of enterprise objectives.Ensure Risk Aware Setting of Objectives and Strategic Planning
Provide timely, reliable and useful information about risks, rewards, and responsibilities to the governing authorities, strategic planners, and business managers responsible for execution at all levels.Enhance Organizational Culture
Inspire and promote a culture of performance, accountability, integrity, trust, and communication.Increase Stakeholder Confidence
Grow stakeholder trust in the organization.Prepare and Protect the Organization
Prepare the organization to address risks and requirements while protecting the organization from adversity and surprise and enabling it to grasp opportunities.Prevent, Detect, and Reduce Adversity and Weaknesses
Establish actions and controls to prevent negative outcomes, reduce impact, detect potential problems, and address issues as they arise.Motivate and Inspire Desired Conduct
Provide incentives and rewards for desirable conduct, especially in the face of challenging circumstances.Stay Ahead of the Game
Learn information necessary to support quick changes in strategic and tactical direction while avoiding obstacles and pitfalls.Improve Responsiveness and Efficiency
Establish capabilities that make the organization as a whole more responsive and efficient so that it has a competitive advantage.Optimize Economic Return and Values
Allocate human and financial resources in a way that maximizes the economic return generated for the organization while maximizing its values.
