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Lord of the Risks - The Two Towers: Productivity and Compliance The Fellowship of the Ring of Value "Because even the very wise cannot see all things" The Two Towers: Productivity and Compliance The two Some of your gains must be allocated to the Tower of Compliance to strengthen your defenses to defeat The Tower of Compliance - Your defenses must hold Your standards, systems, processes, and controls must The Tower of Compliance will help you buy down risk by creating lines of defense against the Epistemic

Compliance is much more than checking boxes and addressing non-conformance when it is discovered. It is about experiencing the benefits of compliance outcomes: delighted customers, safe and meaningful If you were more proactive with your compliance what would your business and work be like?

Need to comply to minimum requirements Organizations most often begin their compliance journey by focusing Compliance is addressed by closing gaps found in audits or when incidents arise. 2. It is here that we see the use of GRC (governance, risk, and compliance) strategies to help ensure that Organizations that are ethical and have a culture of compliance will find the decision easier to make

Ethical and proactive organizations are those that invest in improving their compliance performance and When it comes to performance and outcome based compliance there are three aspects that you must consider : your capability (culture, systems, people) to be in compliance, the effectiveness of your compliance programs to reduce risk, the advancement of compliance outcomes . Or saying it another way, the better your compliance performance the more certain your value creation

have spent most of my career building information and management systems in support of engineering, compliance As compliance is now heading towards performance and outcome based standards the way in which systems governance is responsible for and the function of a compliance program. of proactive processes that anticipates, plans, and acts to improve compliance outcomes. Instead of two steps forward three steps back, compliance governance needs to always be steps forward

For compliance to be effective you need the ability to: (1) demonstrate that you have met your obligations : Does the technology platform meet all your compliance standards? Is your compliance data adequately protected and secure? What are the risks to you and your stakeholders should your compliance data be breached? #ComplianceTips

This is the perfect time of year to evaluate your compliance programs and make adjustments so that you To help with your assessment here is a list of characteristics of what an Ideal Compliance Program An Ideal Compliance Program will: Focus on outcomes Define comprehensive, clear and concise obligations obligations Implement systems that always keep you in compliance Be ethical, transparent, and have a high-degree of integrity Always improve Compliance is not just what you do at the end of everything

However, they tend not to include compliance and risk as part of process definitions. That's why we created the Compliance Beetle so you can document compliance and risk considerations directly #RiskAssessment #ComplianceInsights #Complianceimprovement #RiskbasedThinking

In a similar way, we can think of compliance in a dehumanizing fashion. Compliance for many companies is seen as a tax on productivity and something that should be reduced. This may lead to viewing compliance roles as something that we want to reduce and replace with technology However, when taking a closer look we notice that compliance has more to do with managing risks than #Ethicalcompliance #complianceandvalues

Here are five reasons why compliance is falling behind. 1. it is not possible to sustain compliance let alone improve. 2. Increasing Compliance Demand The face of compliance is changing. These changes affect how a company approaches compliance. #ComplianceTheats #ManagementProcesses #Risk #OperationalExcellence

In a previous blog, I outlined 5 threats to compliance. , and years focused on prescriptive compliance. Managed Obligations Identify and clarify compliance obligations Identify what is Critical to Compliance Embedded Compliance Embed Critical to Compliance (CTC) Actions Embed evidentiary actions and documentation #ComplianceImprovementSteps #ComplianceMultipliers #Proactivecompliance

The role of compliance should be to help organizations ensure that outcomes are achieved through proper It's time to put compliance at the front of the line where it can show everyone how to ethically contend It's time for compliance to say YES we can and here's how rather than no you can't. #LeanCompliance #Compliance