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the systems using them that: govern, manage, and operate the businesses we work for and this includes compliance The speed of technological change poses significant challenges for compliance and its function to regulate Whether you consider compliance in terms of safety, quality, or professional conduct, these are all closely Eliot In this article I explore what makes a compliance system good (or effective) and secondly, and

Compliance is an end, a means, a measure, and a value. ➡️ As an “end” it is the outcome of meeting all

Companies often consider compliance as a "necessary evil" rather than a "necessary good." This reactive approach makes compliance look more like a tyrant rather than a leader. Why is compliance necessary? Compliance, at its fundamental level, is about keeping promises to obligations that we have made. When is compliance evil?

Compliance is often organized into isolated functions that are separate from the production management However, we know that programs that support: quality, safety, risk, regulatory, environmental, and other compliance It's time to make the vertical compliance function into a horizontal compliance capability.

four primary types spanning micro-means to macro ends, demand different operational capabilities for compliance To establish these capabilities organizations must transform how they address compliance. They are in operating in the: REACTIVE COMPLIANCE ZONE. Instead of a guard rail, compliance is a dynamic enabler of compliance outcomes, proactivity, and holistic Operating in the PROACTIVE COMPLIANCE ZONE creates a strong compliance culture ensuring not only compliance

The 5 Pillars of a Benefits-Driven Compliance Program To fully reap the benefits of compliance, these Empower your organization to be accountable for compliance within their roles. Continuous Compliance: Continuous delivery of value requires continuous compliance to protect and ensure , learning environment around compliance. always being in compliance and ahead of risk.

In theory and in practice, compliance outcomes cannot be separate objectives overlaid on top of operational Compliance goals must be explicitly specified in the value outcomes we intend to achieve. Compliance must also have corresponding oeprational programs to regulate the business towards those outcomes These are the general managers of the programs needed to regulate the organization towards targeted compliance This is the world of Operational Compliance – the way organizations operate in high-risk, highly regulated

When we think about compliance we should also think about the goals we want to achieve. They define the "ends" of our compliance programs, for example: zero defects, zero fatalities, zero violations These are often used to define measures of effectiveness (MoE) for compliance programs as they provide What goals have you set for your compliance programs?

, safety, environmental and ethics & compliance. ), it is possible to gain a better understanding of the following: Cost of compliance and non-compliance How and to what degree compliance affects risk Value of compliance (cost avoidance, increased trust that always keep you in compliance Incrementally and continuously improve your compliance Make compliance Monitor in real-time the status and your ability to stay in compliance Audit outcomes of your compliance

Compliance as a Value Guardrail   When implemented effectively, compliance programs across various domains—including Innovation Catalyst -  contrary to popular belief, compliance can drive innovation. should consider the following approaches:   Integrate compliance into business strategy: elevate compliance Foster a culture of proactive compliance : encourage employees at all levels to view compliance as an How effective do your compliance programs protect and enhance value creation?

This is why many companies view compliance, particularly in the form of inspection, as a form of waste Specifically, compliance adds to waiting, unnecessary movements, and to inefficient processes. But is this the best way to think about compliance – as a waste? Meeting compliance expectations creates legitimacy, trust and ultimately customer loyalty. When companies consider compliance as a necessary evil they tend to use mostly inspections and audits

“We need to move beyond compliance.” I used to think that moving beyond compliance was the answer. When we say, “we need to move beyond compliance” where exactly do we need to move to? However, what this means is that: We don’t need to move beyond compliance. We need to catch up to where compliance now is. This does require going beyond “basic compliance” – adhering to legal requirements – towards “total compliance