Most compliance activities are largely separate from business operations, functioning like “bolt-ons” — an increasingly unsustainable approach. Stakeholders now expect “built-in” compliance activities as part of the business workflow to reduce business drag and increase program impact.
To ensure program impact with limited business drag, compliance programs must be built in to the operations of the business. This means becoming a part of operations rather than functioning as a separate process tacked onto employee workflows and systems. To achieve this, compliance teams must make three changes to their programs:
- Design compliance to be part of business workflows.
- Coordinate compliance and related assurance activities.
- Assess how well compliance is built in to the business.
Download our free research paper to learn how you can increase your program’s effectiveness.