Constant change
Changes in the political environment, regulatory regime, disruptive technologies put scattered GRC processes and information behind the curve exposing the organisation to risk.
HAELO, the old English word for health and prosperity, was formed to simplify how leaders of large organisations deliver organisational resilience and effectiveness. Whether a multinational operation or large project the challenge is the same; establish controls, respond to risk and deliver results; each requiring access to quality data. With many people doing many things in many places in a large organisation it is difficult for a leader to achieve oversight; that’s where HAELO comes in.
We enable leaders to make better decisions by creating and sharing data in a way that is focused, informative and actionable. Providing decision worthy insight is invaluable to the smooth running of any organisation. Utilising a unique mix of experience and expertise, the HAELO team created a novel GRC framework entitled Organisational Meshing® and software app IO®. Proven to enable the delivery of results by connecting people, situations and decision makers and actionable insights. Or put simply, helping organisations PUT INSIGHT AND FORESIGHT IN PLAIN SIGHT.
Why GRC is so important
GRC is the integrated collection of business arrangements, capabilities and controls that enables organisations to reliably achieve objectives, address uncertainty and act with integrity.
Governance
Governance sets the direction, strategy, and structure for the organisation to deliver objectives. Governance provides risk context, without context risk management fails.
Risk Management
Risk Management seeks to reduce uncertainty by analysing, detecting, and responding to emergent risk within the Governance context acting through risk acceptance, avoidance, mitigation, or transfer.
Compliance
Compliance assures the organisation acts with integrity in fulfilling its regulatory, contractual, and self-imposed obligations and values. Compliance follows through on risk management assuring risk is managed in line with the risk appetite, controls are in place and functioning as intended.
Growing Relationships
The growing array of third-party outsourced relationships and increasing regulatory and risk exposure is bearing down on organisations to include in GRC strategies.
Scattered Information & Platforms
Many organisations still find they are overwhelmed by silos of information that are disconnected, and often have several disconnected GRC platforms in different areas.
Growing Beyond Initial GRC Platforms
Organisations who have implemented a GRC platform in the past decade often find that the solution is out of date and cumbersome to use when compared to the new generation of solutions.
Need for Horizon Scanning
There is growing demand and need for the integration of external context and intelligence feeds into the GRC architecture.
Fundamentally, it comes down to how agile and responsive your organisation is to changes in the business environment.
HAELO is here to help you detect, respond, and prosper.
