Risk Management Reinvented: The Bold Leap from GRC to IRM and the Masterminds Behind It

Integrated Risk Management
Written By Wheelhouse Advisors

The landscape of risk management is continuously evolving, with Integrated Risk Management (IRM) emerging as the successor to traditional Governance, Risk, and Compliance (GRC) approaches. In this article, we will discuss the shift from GRC to IRM, explore the broader applications of IRM, and highlight the contributions of John A. Wheeler, the “Godfather of IRM” and Michael Rasmussen, the “Father of GRC”.

Wheelhouse Advisors

Wheelhouse Advisors, headquartered in Atlanta, Georgia, is a premier risk management advisory firm established in 2008. We specialize in regulatory compliance, enterprise, operational, and technology risk, delivering data-driven insights and industry-leading practices to help clients manage risks effectively. Our comprehensive approach empowers clients to drive sustainable growth and maintain resilience in a dynamic risk landscape.

Sign up to read this post
Join Now
Previous

7 Ways to Master Third-Party Risk Management in Today's Complex Business Landscape
Next

The Convergence Catalyst: AI and ML Fuel IRM to Unite ORM, ITRM, ERM, and GRC