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When it comes to risk & compliance it is important to identify, collect, and monitor data of all kinds. However, what data should be collected and which is most useful? To answer this it is helpful to consider two principle meanings behind the word measure: Measurement - Estimate or assess the extent, quality, value, or effect of something Method - A plan or course of action taken to achieve a particular purpose The first meaning uses the word measure to refer to measurem

A proactive and integrative approach to improve compliance effectiveness. Over the years working for companies in highly-regulated...

Organizations today face frequent and increasing regulatory changes across multiple jurisdictions, domains, and categories. It is these...

Environment-First Future Those that have been following us will know that compliance needs to be more than just checking boxes and...

In a recent risk and compliance survey it was reported that the pandemic did not significantly disrupt risk and compliance programs...

I once worked for a company that had multiple programs to address concerns such as: process safety, occupational safety, loss prevention,...

Assurance is not an activity that compliance does or something that can be inspected into a business. It is an outcome that is created when stakeholders have confidence that an organization is meeting all its obligations today and will continue to be meet them in the future. This confidence is necessary for assurance and ultimately for trust to exist. Assurance is an OUTCOME not an ACTIVITY That's why confidence levels are an important measure of success for all risk & compli

Maximizing Business Value and Improving Strategy for Organizations and Teams All executives and senior management responsible for...

One of factors that hold companies back from improving their compliance is ambivalence; having mixed feelings or contradictory ideas...

First of all, I believe that those working in risk management should: Understand what risk is and why contending with risk is important...

More than 75% of companies never measure the effectiveness of their risk & compliance programs. As a result they don't now if their...

Stakeholder obligations are promises made to those who have put their trust in your business, your products and in the services you...

The primary purpose of risk management is to handle the possible effects of uncertainty against specified objectives. This handling...

When companies decide to improve their compliance they soon realize that their good intentions are often thwarted by their own...

Change can be and often is a significant source of risk for organizations. That's why managing risk resulting from change is one of the...

With the emergence of the COIVID-19 pandemic many are working remotely with minimal on-site presence. This has put a strain on existing...