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ERM in Action

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ERM vs GRC: What’s the difference?

Today organizations are faced with a variety of operational risks. While ERM and GRC aim to solve the same problems they take two very different approaches.

ERM is all about aligning governance and action through risk assessments.

ERM combined with the right tools can help you create a fertile and sustainable business.

Governance Effectiveness This satellite image of the border between two countries illustrates the difference that good execution of governance makes. Although both have the same goal and policy, one side has dissolved into desert from deforestation while the other remains green. Read more.

LogicManager software and mentoring creates a repeatable and sustainable process that links risks to consequences across functional silos and connects process-level activities to strategic goals. Our common software solution has all the framework content you need to provide transparency into operational activities and link them directly to performance management.

Governance, risk, and compliance (GRC) technology, however, take a controls based approach typically focusing on just one area of compliance.

The result is GRC systems that cannot prioritize operating controls and business metrics by the degree of risk that they protect against. This increases costs due to duplication of effort and more importantly blocks a direct connection to achievement of business goals.


Enterprise Risk Management Governance, Risk, and Compliance
  • Focus on performance management
  • Engage managers across silos and levels
  • Links risks to activities and the goals they impact
  • Forward looking view on risk
  • Pay as you go with results in less than 90 days
  • Myopic compliance structure
  • Lack of transparency to business process level
  • Lack of alignment across business silos
  • Historical view on risk
  • High start-up costs and long delivery timeframes

For a real-world example, watch our 4 minute video.