8 ways to ... ensure comprehensive compliance.
Author | Bartram, Peter |
Position | Dialogue with Richard Hibbert - Interview |
Too many executives regard compliance management as an unwelcome overhead until something goes wrong. Encouraging them to treat the process as a way to improve working practices, rather than as a box-ticking exercise, should improve how it's perceived, according to Richard Hibbert, CEO of SureCloud, a provider of governance, risk and compliance software
[1] Make compliance a 'business as usual' activity
"A continuous approach to compliance management can deliver far more value to an organisation than a series of retrospective assessments would," says Hibbert, who cautions against relegating it to an annual activity. It should be part of the normal day-to-day routine in which activities are reviewed alongside other tasks.
"Continuous compliance is more efficient in terms of process and it also yields higher and more stable levels of compliance. Organisations will be more secure and less likely to be breached as a result," he says, adding that firms wishing to adopt the business-as-usual approach to compliance needn't find the switch a complex one.
[2] Adopt a structured approach
Regulatory projects are different from others because they are not usually optional, observes Brian Ford, associate director at LOC Consulting. He advises companies to adopt the following three-step process.
First, you need to understand the scope and timing of the relevant regulations. Look at the implications for your organisation and determine which parts of it may be...
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