GRC v. IRM: Does the name really matter?

By Jennifer L. Kennedy, MJ

Jennifer Kennedy (jenniferkennedy@barberinstitute.org) is Vice President, Governance, Risk Management & Compliance, at Barber National Institute in Erie, Pennsylvania, USA.

Governance, risk management, and compliance (GRC) is a well-established practice while integrated risk management (IRM) is a relatively new concept. Does the name really matter? Is it the concept that’s important, or is it also imperative that the naming be rebranded?

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