Gartner Research

2018 State of the Function Supplemental Report: Best Practices for Risk Management

Published: 29 March 2019

ID: G00707823

Analyst(s): Legal and Compliance Research Team

Summary

This report highlights 2018 State of the Function survey takeaways to help legal and compliance leaders — general counsel, chief compliance officers and chief privacy officers — identify opportunities to improve risk management practices.

Table Of Contents

Assessment and Identification

Key Finding: Train Managers on Risk Identification and Assessment

Key Finding: Use Your Data Map to Understand Risk Exposure

Mitigation

Key Finding: Increase the Impact of Training by Using Leaders to Reinforce Key Messages

Monitoring

Key Finding: Coordinate Regulatory Tracking Throughout the Enterprise

Key Finding: Continue Monitoring Projects After Initial Review

Reporting

Key Finding: Communicate Clear, Compelling Messages to the Board

Conclusion

Recommended by the Authors

About This Research

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