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Many companies have created policies to optimize the production of numbers which when it comes to compliance looks something like this: The number of compliance issues open The number of hours of training per of internal audits completed on-time The percentage of outstanding post-audit issues The number of complaints The compliance function is now so optimized around passing audits that it is unable to adapt to changes Compliance has created a high-performing yacht to win a race, but not the race that now matters.

In recent years, Governance, Risk, and Compliance (GRC) frameworks have become essential tools for integrating When applied to GRC, this principle ensures that all governance, risk management, and compliance practices

Member states will be responsible for enforcing the regulation, and non-compliance can result in significant results) takes steps to assess the system's impact, manage the risks associated with its use, monitor compliance Finally, the penalties proposed under the AIDA for non-compliance with the governance and transparency significant impact on businesses that work with AI by imposing new obligations and penalties for non-compliance www.nist.gov/itl/ai-risk-management-framework] Also, if you are interested in developing an AI Risk & Compliance

This isn't something you fix by hiring more compliance people. A compliance officer reviewing dozens of interactions per day simply cannot match an AI system generating

expertise in high-risk and regulated industries, specializing in lean methodologies and operational compliance He is the founder of Lean Compliance and co-founder of ProfessionalEngineers.AI , organizations dedicated

Depending on the scope of the change it is not uncommon to have: occupational safety, process safety, IT, compliance implementing the change by consolidating changes Avoiding higher costs associated with addressing non-compliance

Over 3 years ago we launched Lean Compliance in response to the lack of sustainable compliance effectiveness The compliance landscape was also starting to transform as regulators were modernizing their programs Performance rather than checkbox compliance would become the new mandate. As our mission continued we quickly realized that not much had been written about effective compliance If you want to launch your own mission towards effective compliance compliance, consider our 12-week

and Validation (V&V) The medical device life-cycle model, known for its stringent focus on safety and compliance maximizing the asset’s value and performance, the Medical Device approach would prioritize safety and compliance

widely recognized and adopted lean management method used in various industries and domains including compliance holistic view of the process, enabling them to identify bottlenecks, and waste but also areas of risk and compliance

this blog post we walk through the approach developed by Marissa Kephart in collaboration with Lean Compliance

Companies that take ownership of their obligations know in real-time the status of their compliance.

What we may not have heard is that the same holds true when it comes to compliance tools and measures The majority of tools needed by a compliance program cannot be used without sufficient pro-activity and Summary Many organizations invest significant amounts in tools and technologies to support compliance