Get ready, Chicago! GRC Connect kicks off tomorrow, bringing together the brightest minds in governance, risk management, and compliance (GRC) for two days of insightful learning, valuable networking opportunities, and expert guidance on navigating the ever-evolving GRC landscape.
This premier event, taking place April 16th and 17th at the Crowne Plaza Chicago West Loop, boasts an impressive lineup of industry leaders, engaging sessions, and cutting-edge discussions specifically tailored to empower GRC professionals across all industries.
GRC Connect Chicago features a stellar line-up of speakers, including:
- Scott Mitchell, Founder of OCEG: Mitchell, a pioneer in the GRC space, will share his insights on the evolution of Principled Performance and its impact on effective GRC practices.
- Andrew McBride, Chief Risk & Compliance Officer at Albemarle Corporation: McBride brings his extensive experience to the table, discussing strategic approaches to risk and compliance management in a global context.
- Debbie Reynolds, Founder and CEO of “The Data Diva”: A leading voice in data privacy, Reynolds will delve into the critical aspects of data protection in today’s digital age.
- Michael Rasmussen, GRC Analyst & Pundit at GRC 20/20: Affectionately known as the “Father of GRC,” Rasmussen will offer his expert perspective on the current state and future trends within the GRC industry.
- Dr. Anthony Rhem, CEO of A J Rhem & Associates Inc.: A recognized thought leader in artificial intelligence (AI), Dr. Rhem will explore the potential applications and challenges of AI in GRC.
These are just a few of the esteemed speakers who will grace the stage at GRC Connect Chicago, providing attendees with a wealth of knowledge and practical guidance.
Explore the Latest Trends and Solutions:
GRC Connect Chicago features a diverse range of sessions designed to address the most pressing challenges faced by GRC professionals today. Attendees can expect sessions covering topics such as:
- Responsible AI Implementation in GRC: Learn how to leverage AI ethically and effectively within your organization’s GRC framework.
- Bridging the AI-Privacy Gap: Gain strategies for utilizing AI while complying with evolving privacy regulations.
- Combatting Bias & Building Trust in AI: Explore best practices to ensure ethical development and deployment of AI in your GRC processes.
- Optimizing ROI from AI: Discover valuable insights on measuring and maximizing the value of your AI investments in risk management and compliance.
- Effective Whistleblowing Arrangements: Gain insights on creating and maintaining a robust whistleblowing program to foster a culture of transparency and ethical business practices.
- Efficient Third-Party Risk Management (TPRM) & Enterprise Risk Management (ERM): Learn effective strategies for managing risks associated with vendors and suppliers, as well as implementing a comprehensive ERM strategy.
- Navigating the Evolving Regulatory Landscape: Stay ahead of the curve by gaining insights on the latest regulatory changes impacting GRC practices.
Network with Industry Leaders and Peers:
GRC Connect Chicago provides an invaluable platform for connecting with fellow professionals, thought leaders, and potential collaborators. The dedicated networking opportunities allow attendees to:
- Share best practices and learn from industry peers.
- Build valuable relationships with other GRC professionals.
- Explore potential partnerships and collaborations.
The Importance of GRC in Today’s Business Environment
The importance of effective GRC practices in today’s complex business environment cannot be overstated.
- The global GRC market is projected to reach $88.6 billion by 2027, according to Grand View Research. This rapid growth reflects the growing awareness of the critical role GRC plays in mitigating financial risks, protecting data privacy, and ensuring regulatory compliance.
- A 2023 study by Accenture revealed that 74% of executives believe their organization’s GRC function is either siloed or immature. This highlights the need for better integration and collaboration within GRC functions.
- A Ponemon Institute report found that the average cost of a data breach globally reached a staggering $4.24 million in 2022. Effective GRC practices can help organizations significantly reduce the risk of data breaches and associated costs.
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