Revisiting 2020: the IRM/GRC debate, and dealing with data

  By Riaan Bekker, Force Solutions Manager, thryve   As I take a look at my blogs for 2020, I’m struck with where I started. My first blog for the year looked at the opportunity in crisis, and yet it doesn’t contain the words’ COVID’ or ‘pandemic’ (Why crisis also means opportunity). That was just […]

The risk manager is now hot stuff. Where to next?

  By Sean Pyott, MD of thryve   People have been predicting for years that risk management will step from its back-office nook and into the leadership sphere. This prediction gained some traction at the start of this century with integrated risk management (IRM) and Governance, Regulation & Compliance (GRC) technology systems offering greater integration […]

Six reasons why medium businesses need risk management

    By Riaan Bekker, Force Solutions Manager at thryve Small to medium businesses don’t focus on risk as much as their enterprise peers. Many enterprises are public companies and therefore must follow many more compliances and regulations. Such mandated functions are often draining on time, people hours and money, so enterprises want efficient GRC […]

What Riskonnect’s Xactium acquisition means for the GRC/IRM world

  By Riaan Bekker, Force Solutions Manager at thryve There is growing interest over Riskonnect’s acquisition of Xactium, a fellow GRC/IRM software vendor. It’s another big etch on Riskonnect’s growth chart, and also a sign of the accelerating evolution of the GRC/IRM market. I refer to GRC/IRM in a split fashion because there is still […]

Rasmussen on choosing enterprise-grade GRC/IRMS

By Riaan Bekker, Force Solutions Manager at thryve Michael Rasmussen is a name you might know if you take an interest in GRC/IRMS systems. I mention both titles, because Rasmussen not only coined the amalgam Governance, Risk & Compliance (GRC) to identify new risk-management technologies. He also recently went to war against the term ‘Integrated […]

Measuring ROI for your integrated risk management

By Neer Rama, Force Solutions Product Manager at thryve Calculating a return on investment is already a complicated exercise. But in the face of revolutionary changes, ROI becomes even trickier as like-for-like equivalences draw thin. So how do you measure ROI when adopting an integrated risk management system? A problem for every technology revolution The […]

IRMSA Risk Report: Let the accountability begin

By Riaan Bekker, Force Solutions Manager at thryve The latest South Africa Risks Report from the Institute of Risk Management South Africa (IRMSA), its 6th edition, once again is interesting and captivating. At first glance, it might appear as if the report rehashed the same general risks as its predecessor a year ago. But significant […]

Why crisis also means opportunity

By Riaan Bekker, Force Solutions Manager at thryve The Chinese word for ‘crisis’ is not a combination of ‘danger’ and ‘opportunity’. Like many such attributed pieces of wisdom, the actual concept came from Western authors fascinated by the idea, encouraged by a mistranslation of the Chinese word. Politicians, most famously US President John F. Kennedy, […]

GRC vs IRM: Looking beyond names and acronyms

By Riaan Bekker, Force Solutions Manager at thryve Is there a difference between Governance, Risk & Compliance (GRC) and Integrated Risk Management (IRM)? This topic has sparked furious debate among different practitioners and technologists. It’s also the topic thryve presented at the recent IRMSA conference held in Midrand, Johannesburg. Do we have an answer? If […]