“Do I have direct access to the board?” This is now a much-asked question about the role of the Chief Compliance Officer. Even when the answer to this question is “yes”, another part of it should be: “ Do I have a strong boardroom presence?” How to achieve a strong […]
Tag: Risk Management
Does your compliance training make an ethical difference?
Training takes a large slice of of most companies’ compliance budgets, anything from a quarter to a half. So is it effective? [1] Measuring training effectiveness remains a weakness of many conventional L&D programmes and compliance and ethical training seems no different. However, the escalating cost of compliance work is […]
Why reputational risk keeps grabbing the limelight
“The most valuable asset in the capitalist economy is not cash, stock or buildings, but trust.” Economist Intelligence Unit, Risk of Risks What would a serious blow to your company’s reputation cost? This was once a rather academic query–most organisations could afford to consign it to the back burner. Today […]
Why going beyond compliance makes business sense
Should a company go beyond compliance? Is there any point in doing more than meeting basic regulatory requirements? The latest White Paper from US growth specialists Frost and Sullivan looks at how practices that go beyond compliance can drive company value. The paper’s broad conclusions apply to any organisation wondering whether […]