The Unfulfilled Promise Of GRC: Breaking Key Bottlenecks With AI [Forbes]
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: Forbes
getty Integrated governance, risk and compliance (GRC) burst on the scene over 20 years ago. It promised visibility, alignment and agility to leadership teams that were struggling to create accountability in programs that either did not exist or were so siloed across privacy, policy regulatory affairs, compliance, IT, security, audit and third-party management teams. For those leaders, it was impossible to get a clear picture of the actual risk status of their organizations. Effectively managing risk—from both an upside opportunity perspective and a downside threat of adverse events—was the knife-edge leaders needed to walk to gain competitive advantage, as we called it then, and thrive in an increasingly complex, digital and hyper-extended world. GRC technology became a market segment growing at a CAGR of approximately 15%, swelling from $10 billion in 2000 to $44 billion billion today , and is expected to reach $60 billion in the coming years. The segment is populated by thou
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KFY
Earnings
- 9/5/24 - Beat
KFY
Sec Filings
- 11/8/24 - Form SC
- 10/16/24 - Form 4
- 10/15/24 - Form 144
- KFY's page on the SEC website