Why a GRC Strategy is Imperative for your Business

Governance, Risk Management and Compliance (GRC) is a business requisite because it combines these important elements – good governance, risk management and compliance


Governance, Risk Management and Compliance (GRC) is a business requisite because it combines these important elements – good governance, risk management and compliance – into an integrated framework so that the right people are getting the right information at the right time. It gives leaders the tools, information and insights they need to manage threats, make better, risk-informed decisions, and act with integrity. When these pieces of the accountability puzzle fit together, the bigger picture becomes clear, not only to the senior decision-makers but to everyone involved in the company, who can see how their insights, operations and conduct align with broader business objectives. The result is increased stability in business performance, a more responsible and resilient workforce, and measurable improvements in organizational efficiency and effectiveness.

Who Uses GRC?

The GRC market has skyrocketed in recent years and isn’t slowing down any time soon. In fact, with the growing adoption of automated and out-of-the-box GRC solutions, the global market is expected to reach $64.61 billion by 2025.

The popularity of GRC can be attributed, in large part, to its ability to adapt to changing business needs and provide deployable solutions to a variety of customers, including public and private organizations, large and small. While some people may presume that GRC is solely used by Operations and IT personnel, this is not the case. GRC touches everyone within an organization, as well as those within its orbit (including the board of directors and shareholders), play a role in its implementation and evaluation.

Senior executives, including the CEO and COO in consultation with the leadership team, set the strategic objectives and values for an organization, and identify and manage external and internal risks.

Where Do I Start?

Let us help you! In 2017, NewRocket made the list of Canada’s most successful companies for the third year in a row, placing #161 in the annual PROFIT 500, the definitive ranking of Canada’s fastest-growing companies. Employing one of the largest teams of GRC professionals in North America, our mission is to deliver deployable success to our customers’ businesses in scope and on time, to help them get their ducks in a row, improve their risk intelligence, and make more effective decisions. Some of the industries we serve include Financial Services, Government, Energy and Resources, Health Care, and Retail.

NewRocket's partners with leading technology platform providers to bring our customers the best options for their GRC, Security Operations and Enterprise Risk Management technology requirements.

NewRocket's service programs have helped organizations deploy RSA Archer and ServiceNow in ways that offer the depth, breadth and adaptability organizations need to manage risk in multiple domains, combined with an ecosystem and track record to deliver strategic value and a positive business impact.

NewRocket, RSA and ServiceNow have partnered for several years to deliver effective risk management programs at companies across North America in industries including Finance, Insurance, Health Care, Manufacturing, Retail, Utilities, Telecom and Public Sector.

Our strategic partnership with RSA has led to NewRocket being recognized as one of RSA’s top GRC partners in 2016, 2017 and 2018. We have over 25 certified and practicing RSA Archer experts, which makes us one of the largest RSA Archer teams in North America outside of RSA itself.

Our Archer services include:

  • Executive workshops
  • Professional services
  • Application Program Support (APS)
  • BI/Reporting Tool Kit
  • Cloud-Based Development Skills Sandbox
  • Mentoring
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Why a GRC Strategy is Imperative for your Business

Governance, Risk Management and Compliance (GRC) is a business requisite because it combines these important elements – good governance, risk management and compliance

Knowledge Wrap Video

The event provided a vibrant platform for reconnecting with peers, delving into AI transformation, and driving innovation with purpose. Read on to discover how NewRocket made its mark at Knowledge 2024.

What We Learned

From recent insights gathered, we learned that ServiceNow customers are increasingly receptive to adopting AI solutions and ServiceNow has the tools to embrace that head on. However, there's a gap in AI use-cases for more mature users, highlighting the need for a creative approach to accommodate their business needs.

In navigating AI adoption, organizations are challenged to find the delicate balance between embracing innovation and avoiding dependency on emerging technologies. Advisory consulting and trusted guidance beyond initial queries spark interest, particularly around AI's impact on operations. Read our AI blog series to learn more about our approach.

Excitement around GenAI is apparent, with most users eager to explore its potential benefits and invest in quick wins. Notably, advanced use cases like process mining are gaining traction. Key solution themes include interest in native mobile applications, Employee Center migration, and the urgent need for enhanced data capabilities.

Recognitions and Awards

ServiceNow Americas Employee Workflow Partner of the Year

The ServiceNow Americas Employee Workflow Partner of the Year award celebrates Partners' exceptional efforts in enhancing employee experiences through innovative collaborations and technology solutions. Learn More.

UK Public Sector Partner of the Year Award

The ServiceNow UK Public Sector Partner of the Year underscores  Partners' dedication to driving digital transformation and delivering exceptional outcomes for public sector organizations in the UK.

ServiceNow.org Partnership for Good Grant

The ServiceNow.org Partnership for Good Grant highlights Partners' commitment to leveraging technology for social impact and driving positive change in communities around the world. Learn More.

Top 10 Finalist for ServiceNow Best Employee Portal of the Year

ServiceNow's Best Employee Portal of the Year award recognizing Partners' dedication to creating innovative solutions that empower employees and enhance workplace experiences. Learn More.

NewRocket Booth

At ServiceNow's Knowledge 24 event, we connected with 350+ attendees at our booth, showcasing how NewRocket supports organizations on their ServiceNow journey. AI emerged as a key topic, reflecting the growing interest in its potential across businesses. Our strategic advisory approach, FlightPath, aligns technology with business objectives, drawing on our expertise in customer, employee, technology, and security transformation. Plus, we captivated attendees by transforming them into astronauts using AI. See the photo booth results here!

Workshops and Speaking Sessions

Beyond Personas: Developing Holistic Frameworks to Personalize User Solutions

Industry innovation: Consilio’s Transformation Journey on ServiceNow

Dive Into Prototyping to Accelerate Validation With Design Libraries

Make Better Business Decisions by Integrating Risk and Compliance

Participating in ServiceNow's Knowledge sessions and workshops this year was truly enriching. Interacting with customers and partners provided invaluable insights into the future state of ServiceNow and allowed us to have in-depth discussions on how we can collectively offer better experiences across various facets of the platform. From exploring advanced AI integrations to optimizing workflow processes, the conversations were not only enlightening but also inspiring, fueling our commitment to innovation and excellence in the ServiceNow ecosystem. We can't wait to see you next year!

NewRocket Party

Our poolside event at the Capri restaurant in Las Vegas provided a refreshing break from the conference hustle, allowing us to unwind and connect with friends, colleagues, partners, and customers in the cool open air. As the night progressed, we loved creating unforgettable memories and strengthening our bonds within the ServiceNow community.