With excitement in the world of football reaching fever pitch at the end of this week, I’d like to start with a trivia question: Name one thing that links football superstars Lionel Messi, Pele, Cristiano Ronaldo, Xavi, Ronaldinho, Neymar?
Got it yet? No? They all started with Futsal.
Messi: “If it wasn’t for futsal, I wouldn’t be the player I am today.”
Pele: “It’s a lot quicker than football on grass. You have to think really quickly because everyone is close to each other.”
Ronaldo: “During my childhood in Portugal, all we played was futsal.”
Xavi: “In futsal you have small details of quality, class and tactical aspects.”
Ronaldinho: “A lot of the moves I make originate from futsal.”
Neymar: “Futsal helps a lot because you need to think quickly.”
What is Futsal?
Futsal is a five-a-side variant of association football played on a small indoor court with a ball half the size and twice the weight, featuring timeouts, unlimited substitutions, and 20-minute halves.
Players touch the ball far more often than ordinary football players – six times more often per minute, through an intricate series of quick, controlled passes. The smaller, heavier ball demands more precise handling. It’s all about looking for angles and spaces, and working quick combinations with other players. Ball control and vision are crucial, with an emphasis on improvisation, creativity, and technique – so that when Futsal players play association football, they feel as if they have hectares of free space in which to operate.
Futsal compresses the essential skills of football into a small box – enabling players to make and correct errors, generate solutions to challenges in an agile way, and apply good practices.
What’s “Futsal” got to with GRC?
Governance, risk, and compliance (GRC) comprises certain core modules, which together provide a secure, reliable framework for organizations to achieve reliable corporate governance, manage risk effectively, and reliably meet compliance needs as required by various regulations and policies.
Traditionally, organizations tend to initiate a GRC strategy by implementing one or two modules across the entire organization. This often leads to a number of challenges, including not being able to complete implementation on time, delays in achieving GRC goals, and complexity in monitoring and communication.
More importantly, just implementing one or two modules fails to provide a holistic view of an organization’s GRC practice that can leave holes in their strategy.
Implement GRC the “Futsal” way
Leveraging the “Futsal” approach to GRC enables an organization to apply all relevant GRC modules (policy, compliance, risk, audit, vendor, security operations) to each business unit/practice/area/service line/location – depending on the organization structure – on a one-by-one basis, rather than the entire organization.
This “small steps” approach enables an organization to implement and practice GRC holistically, with each business unit mitigating their GRC challenges more effectively. This, in turn, provides best practices that can be replicated within other business units enterprise wide, and reducing the overall risk to the whole organization.
Just like in Futsal, GRC implementation teams are able to make and correct errors quickly, solve challenges in an agile way, and apply good practices, which together deliver far-reaching benefits to organizations across all lines of defense, including:
- Enhanced process efficiency, standardization, and cultural adoption.
- Improved decision-making.
- The emergence of a sustainable organizational hierarchy.
- Process consolidation and consistency.
- Improved relationships with business and IT stakeholders.
- Savings associated with retiring legacy tools and approaches.
- Spontaneous reporting and overall risk and compliance posture.
- The early identification of inefficiencies and opportunities with limited resources.
So what are you waiting for? You too could become a legend in the GRC game.
To mitigate your GRC challenges the “Futsal” way – more economically from every angle under the expert guidance of our Futsal coach, contact: email@example.com
Learn how GRC the “Futsal” way can help your organization reach higher levels of GRC program maturity and deliver real value in the form of stronger performance, increased resilience, better assurance, and more efficient compliance.
Gopichand Patibandla, is an experienced GRC and Audit Assurance professional. He has successfully managed many ITGC/SOX/SAS70/SSAE16/ISAE3402 projects for multiple clients. Prior to joining Capgemini, Gopichand held a variety of roles, including implementation of large ERP projects and management of various IT processes in a large financial organization. He has extensive experience in performing gap analysis, compliance assessments in the areas of IT risk, IT governance, privacy, and security.