Mastering the Complexity of Risks: Rolls-Royce Power Systems
Relies on BIC Internal Control

As a global company with around 10,000 employees, Rolls-Royce was looking for an efficient ICS (Internal Control System) that fits seamlessly into its diverse organizational structure. The main challenges were:

• Complexity of Organizational Structure: Rolls-Royce Power Systems is made up of a headquarters, six production plants, and fifteen sales subsidiaries. Coordinating internally on risk management posed challenges to teams operating in different locations.
• Local vs. Global Controls: The company operates with both global and local levels of controls and instances, making it challenging to align responsibilities between these levels.
• Adaptability and Flexibility: The absence of a central ICS platform made risk management rigid and inflexible. Hence, a system was needed that could easily adjust to new risks and business requirements.

With BIC Internal Control, companies get an agile ICS solution that meets them where they are. Through the integration of BIC GRC, Rolls-Royce Power Systems now experiences these daily advantages:

• Clear Definition of Processes and Responsibilities: With tailored workflows, processes within the control system can be precisely defined. Clear assignment of roles and responsibilities creates transparent structures for everyone involved – from administrators and ICS managers to local control owners and auditors.
• Linking Local and Global Controls: BIC Internal Control allows the individual addition and linking of Work Items. This makes it easy for globally classified controls from headquarters to align with locally defined approaches in subsidiary companies.
• Standard Solution with Customization: BIC GRC Standard Solutions are flexible, allowing to smoothly transfer existing company data and structures onto the GRC platform and customize as needed. BIC Internal Control serves as a central hub (Single Source of Truth), enabling Rolls-Royce to continually elevate its maturity.