GRC resources
Discover blogs, news, events and more from CoreStream GRC’s experts.
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World Cup stadium strike was narrowly averted: how resilient are your critical suppliers?
Key takeaways Introduction: What happened at the 2026 World Cup? Days before the World Cup began, a supplier issue at one of the tournament’s highest-profile venues was narrowly avoided. Reuters reported that a union representing around 2,000 food and beverage workers at SoFi Stadium reached a tentative agreement with Legends Hospitality only days before the tournament. AP described the agreement as averting a…
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Is the vendor risk assessment dead?
Is the traditional vendor questionnaire still fit for purpose? Imagine beginning a vendor assessment without sending another 200-question form. Before contacting the third party, you already understand who the organization is, who sits behind it, and whether there are public risk signals that warrant closer attention. You can ask the vendor for the evidence it already holds, identify the gaps that…
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Governance structure
What is a governance structure? A governance structure is the way an organization organizes authority, oversight, accountability, and decision-making. It explains who has the power to decide, who needs to approve, who must be consulted, what gets escalated, and how leadership can see whether the organization is operating in line with its objectives. In GRC, a governance structure matters…
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Governance framework
What is a governance framework? A governance framework is the structure an organization uses to guide decision-making, assign accountability, manage oversight, and demonstrate how governance works in practice. It sets out who has authority, which decisions require approval, how issues are escalated, and how governance activity is monitored and reported. In governance, risk and compliance (GRC), a clear governance…
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Governance
What is governance? Governance is the system an organization uses to direct decisions, oversee performance, assign authority, and hold people accountable. It sets the rules for who can decide, who needs to approve, what evidence must be kept, and how leadership can see whether the organization is acting in line with its purpose. In governance, risk, and compliance, governance…
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Good governance
What is good governance? Good governance is governance that works in practice. It means an organization is directed, overseen, and held accountable in a way that is clear, fair, responsible, and effective. UN ESCAP describes good governance as having 8 major characteristics: “participatory, consensus oriented, accountable, transparent, responsive, effective and efficient, equitable and inclusive and…
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