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Compliance and Fish Tanks As someone who has now spent years working in compliance, I’ve observed that For compliance to succeed, it must move beyond the fish tank and start doing compliance in the real world This requires that compliance learn two things about fish tanks that also apply to compliance: Compliance How to Navigate Compliance in the Real World So how do we navigate compliance without falling into the Don’t build compliance as a fish tank).

Increasingly standards and regulatory bodies are promoting a holistic approach to compliance. However, many companies still implement compliance programs using an element-by-element approach that occupational safety, regulatory compliance, environment, and so on. In fact, that's the purpose behind compliance programs. This creates a "strong" matrix organization at least with regards to compliance programs.

It sounds wise until you work in compliance. Because when compliance engineers make mistakes, people die. Now apply this to compliance. Don't wait for quarterly audits to verify compliance. Compliance needs similar real-time monitoring.

Three Dimensions of Strategic Alignment in Compliance I've spent enough years in regulated industries to see the same pattern everywhere: compliance programs built as add-ons to the business rather than Get this right, and compliance becomes a strategic advantage. Strategic alignment in compliance isn't about organizational charts or reporting structures. compliance from a constraint on value creation into a catalyst for it.

understand what your obligations are from which you can then measure effectiveness, performance, and compliance Whether you view compliance as a necessary evil or a necessary good you can still benefit from effective compliance. Consider joining The Proactive Certainty Program™ to take your compliance to the next level.

These are: Overlapping Compliance Demand (requirements and commitments) Overlapping Compliance Capabilities (resources) Managing Compliance Demand Overlapping compliance demand can be addressed by managing This helps ensure appropriate compliance coverage and provides a central place where compliance changes Managing Compliance Capabilities Each compliance program will have some capabilities that are the same Managing compliance obligations is critical to effectively manage overlapping compliance demand and reduce

This is what it is like for many organizations with their compliance. These organizations have a form of compliance blindness. Fortunately, compliance blindness is for the most part curable. Compliance needs to contend first with epistemic uncertainty. Is your organization suffering from compliance blindness?

Compliance is often viewed as a cost of doing business. Moving Compliance to the Performance Zone While compliance is enabled by the productivity zone it is When you view compliance only as a cost you want to spend as little on it as possible. This is now were compliance is at. Compliance is more than a cost or just necessary to obtain a regulatory license.

compliance. at levels necessary to create the outcomes of compliance. which are essential aspects of "Operational Compliance." Elevate your compliance by taking a step away from procedural towards Operational Compliance - a more effective way to do compliance.

Navigating the Ethical Tightrope When it comes to AI compliance, companies must walk a fine line between The Role of Regulations Regulatory bodies are increasingly focusing on AI compliance to safeguard the Compliance with regulations such as the General Data Protection Regulation (GDPR) and the Ethical AI Building a Sustainable Future As we navigate the complex terrain of AI compliance, it is essential to In conclusion, the path to AI compliance is not free of challenges, but with a steadfast commitment to

Applications of Cybernetics in Compliance: Cybernetics can be applied to several areas of compliance Adaptive Compliance Frameworks: Cybernetics facilitates the development of adaptive compliance frameworks Automated Compliance Reporting : Cybernetic systems streamline compliance reporting processes by automating Compliance Auditing and Assurance: Cybernetics enhances compliance auditing processes by automating of AI and its use in compliance.

GRC is an acronym for: governance, risk, and compliance which originated from the management consulting Justice (DOJ) sentencing guidelines as a way to: Avoid prosecution, Prevent loss, and Demonstrate compliance In fact, for many companies, the words compliance audit, and even GRC are used interchangeably. Unfortunately, when compliance only has an audit “hammer” everything looks like a nail which increases In addition to a compliance role, companies may also have a risk management function.