Handbook: Simplify and Operationalize your Compliance Program
The alarming number of compliance violations and operational losses due to failure in processes around the globe keeps compliance managers up at night. So, it isn’t surprising that organizations are increasingly considering compliance management as an integrated part of their operations. However, many organizations have still not learned how to operationalize compliance programs and hold individuals responsible.
Operationalizing compliance involves integrating compliance into business processes and making it a part of people’s everyday duties. Compliance programs created in siloes and not integrated with the ground business operations are ineffective. To build robust compliance programs, break down the tasks into small increments and integrate them tightly with business operations.