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New definitions, requirements and standards are emerging – from both internal and external sources – forcing boards and managers to adopt an integrated approach to GRC as a business enabler and value driver, and follow GRC principles. Directors should participate in Board meetings, review relevant materials, serve on Board committees and prepare for meetings and discussions with management. If organisations are to change in time to avoid negative (social, environmental and business) consequences, this person needs to be senior enough to have authority.
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