Published By: Skillsoft
Published Date: May 31, 2018
There is no question that strategically integrating compliance to help achieve business goals makes good sense. The question is: How can your organization get started on a compliance journey and make it sustainable? This white paper explores methods for adopting and nurturing an environment in which people feel safe and valued, and the organization behaves in an ethical way that promotes a culture of compliance, reduced risk, and increased profitability.
Published By: Skillsoft
Published Date: Dec 15, 2016
To many company leaders, compliance is not “sexy,” or even interesting. Some even consider paying fines and settling lawsuits for non-compliance as inevitable costs of doing business. But the authors of this ExecBlueprint respectfully disagree.
They describe how HR can partner with the business to develop compliance strategies that actually address the company’s objectives and culture — and save money in the process.
This should not, however, be a reactive endeavor that kicks in only when a new law is passed. Rather, HR should develop and house a “compliance infrastructure” that performs many invaluable functions, including researching applicable laws and weighing risks. HR drafts the policies and procedures, but the executive team gets the final say. Then HR educates managers and employees on not only the mechanics of compliance, but on why the policy has to exist in the first place. Finally, HR audits compliance efforts.
One practice is to ask front-line managers: How is the po
Published By: Skillsoft
Published Date: Oct 30, 2017
The foundation of any effective compliance training program begins with six essential elements: executive commitment, accountability and ownership, training and support, end-user engagement, alignment and value measurement. When all these pieces come together and work in unison, a mature and effective culture of compliance emerges.
This free paper outlines these components and explores how each one contributes to organizational strategy and efficacy.
Download now to learn more!
DATA AND INSIGHTS TO GET MORE VALUE FROM YOUR PROGRAM
Most organizations have compliance training programs in place today. In most cases, these
programs are pursued to both protect the organization and to help build a culture of ethics and respect. Yet too many programs stagnate and lose effectiveness as learner fatigue grows, content ages and key measurements and strategic targets are missed. The compliance training
marketplace demands more current, diverse and compelling training and educational content designed for learners across the organization.
This report will help you:
• Access the information you need to evaluate the quality and effectiveness of your own
• training program—and whether your program is protecting the organization or putting it at risk
• Gain ideas from your peers for improving your own training program
• Pinpoint areas in which your program may need to grow or evolve
• Benchmark your training program against industry norms and best practices
• Leverage our da
Good analysis and benchmarking of hotline data helps organizations answer crucial questions about their ethics and compliance program, including:
• Does our culture support employees who raise concerns?
• Are our communications with employees reaching the intended audiences and having the desired effect?
• Are our investigations thorough and effective?
• Do we need more training?
• Do we need to review or update our policies?
• Do employees know about our reporting channels?
Comparing internal data year over year to help answer these questions is important. But getting a broader perspective on how your performance matches up to industry norms is critical.
To help, each year NAVEX Global takes anonymized data collected through our hotline and incident management systems and creates this report.
For each benchmark provided in this report, you will find:
• A description of the benchmark
• Instructions on how to calculate the benchmark
• 2016 combined data for all industries in the N
In 2017, business, societal and political events transpired at a pace that left many with a fractured view of the ethics & compliance industry and its expectations. Download the top 10 predictions that could influence your organization's ethics and compliance program in 2018, and our recommendations for what you can do right now.
What you'll learn:
The top trends and events that will impact your ethics and compliance program in 2018
How increased awareness and reporting of sexual harassment will affect your program
The evolving role of the ethics & compliance officer
How to create a culture of compliance
Check out our recent survey summary in a report entitled Participation Counts! A Look at Participation-Based Safety. The survey and its accompanying report, both sponsored by eCompliance®, provide insight into how safety professionals and their companies are encouraging employees to actively participate in safety initiatives in order to promote consistently safe behaviors on the job.
The study was conducted in May of 2017 and illustrates the diverse opinions within the safety field regarding such issues as implementing behavior-based vs. participation-based programs, measuring safety participation, and management visibility into safety performance.
The survey of over 500 respondents includes such findings as:
• 15% of survey participants believe that behavior-based programs have a negative impact on safety culture, and 55% think participation-based safety is most effective.
• The number one key initiative being prioritized by respondents in the next 12 months is “Improving communica
Effective onboarding reaches past
compliance and orientation to assimilate
new employees into workplace culture and
help them contribute to company goals. With
a planned and polished onboarding process,
you can keep employees productive and
satisfied while also saving your company
the costs associated with turnover.
Use the checklist below to ensure your
onboarding methods get an A+.
Published By: Skillsoft
Published Date: Apr 27, 2015
To compete in today’s global marketplace, employees at every level of your organisation need to understand the risks associated with a broad spectrum of compliance issues and feel empowered to make the right decisions - even when no one is watching.
Establishing a culture of integrity, ethics and respect is the number one priority for companies in 2017, according to a new report. In common with the 2015 report, getting an organisation's culture right is the main objective for compliance professionals in the year ahead, with 85 per cent of respondents saying it is one of their three main goals.
However despite this, only 32 per cent of firms indicated that they are planning to undertake a culture or ethics assessment in the next twelve months. In addition, workplace behaviour was rated as the lowest area of risk receiving attention by stakeholders (29 per cent).
Download the full report for additional stats on board level reporting, increasing compliance programme awareness and satisfaction with third party risk management.
Download your Definitive Guide to Policy Management for real-world examples of companies avoiding litigation and penalties by having a well thought out compliance programme. Organisations that approach policy management strategically and exercise ruthless discipline with respect to their policies yield massive returns in organisational alignment, corporate culture, and ultimately their bottom-line results.
And when incidents occur or regulators come knocking, you'll be prepared.
This paper shares the 7 steps organisations need to take to ensure that they meet the requirements of standard-making bodies worldwide and to also establish a culture of ethics, integrity and compliance.
Good analysis and benchmarking of hotline data helps organisations answer crucial questions about their ethics and compliance programme, including:
Does our culture support employees who raise concerns?
Are our communications with employees reaching the intended audiences and having the desired effect?
Are our investigations thorough and effective?
Do we need more training?
Do we need to review or update our policies?
Do employees know about our reporting channels?
Comparing internal data year over year to help answer these questions is important. But getting a broader perspective on how your performance matches up to industry norms is critical. This year’s analysis of our EMEA & APAC data from nearly 14,000 ethics and compliance hotline reports revealed key data points that compliance professionals can use to benchmark and assess their programme’s performance, and move toward predictive risk mitigation.
With the introduction of the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act, organisations must take corruption in business seriously. Given the complexity of the activities addressed in an anti-bribery and corruption programme, however, the task can seem overwhelming.
Our Anti-Bribery and Corruption Risk Assessment Checklist outlines how to implement an effective anti-bribery compliance programme using a protect, detect and correct methodology to manage core programme components such as:
• Risk Assessment
• Corrective Action
• Training / Communication
• Controls / Oversight
• Business Partners
Our checklist will enable you to design and implement an effective, global and consistent anti-bribery compliance programme.
A strong ethics and compliance programme improves organisational culture, protects corporate reputation and enhances employee engagement. When an ethics and compliance programme is lacking, an organisation could be exposed to significant risk. To ensure compliance programmes meet ongoing best practices, assessments and regular reviews are necessary, valuable and expected by numerous internal and external parties, including government agencies.
New laws and regulations, new lines of business, new geographies and mergers and acquisitions become part of a growing enterprise your compliance ecosystem must support. This requires those in charge of the system to regularly revisit and assess their risk and priorities to make necessary adjustments that ensure an effective compliance programme.
The Definitive Guide to Compliance Programme Assessment is a comprehensive resource full of advice and best practices. It is designed to help organisations evaluate and improve their ethics and complia
Discover how organisations similar to your own are developing an effective ethics and compliance programme to improve workplace culture and reduce compliance risk. Our new research will help you identify the most appropriate activities to consider for your own programme, provide the data to help benchmark your results, and the guidance to improve buy-in and programme resources.
What you'll learn:
How are new regulations changing potential ethics and compliance risks?
What challenges do compliance professionals face when trying to improve company culture?
How are organisations investing in compliance activities?
What results are compliance programmes achieving?
Compare your employee reporting metrics and measure your compliance programme & organisational culture against 4.5 million reports. Get answers to questions like: Are your employees likely to speak up? Are there reports of misconduct you’re missing? Does fear of retaliation encourage external reports?
NAVEX Global's key findings in the following areas:
Report allegation categories
Anonymous vs named reporting
Follow up and substantiation rates
Case closure times
Digitizing communications governance is critical as banks adopt next-generation automation and RegTech solutions to address compliance and risk-mitigation measures. Regulations are changing risk profiles, requiring oversight of the culture of risk-taking, and preventing market abuse.
Hitachi Vantara solutions enable you to centrally “capture, curate, consume” all regulated employee communications across the front office, middle office and back office.
Published By: Skillsoft
Published Date: Oct 03, 2014
To compete in today’s global marketplace, employees at every level of your organization need to understand the risks associated with a broad spectrum of compliance issues and feel empowered to make the right decisions — even when no one is watching. Sixty-two percent of organizations cite risk management and assessment as a top-three concern when asked about elements of success.
Many companies struggle to meet this challenge, but an effective compliance training program can foster a culture of workplace best-practices from the boardroom all the way to the shop floor.
Here are 10 questions that you may find useful to consider when planning or reviewing your code of conduct program.
An effective third-party risk management programme is in your best interest. Not only can you more confidently engage with a growing network of vendors, suppliers, resellers and distributors; but when done effectively, you can have a positive impact on the effectiveness and efficiency of your broad ethics and compliance programme.
NAVEX Global research has shown that organisations pursue strong ethics and compliance programmes for myriad reasons, but at the top is a desire to cultivate and maintain a culture of ethics and respect. A strong third-party risk management solution helps organisations realise that objective through engaging with third parties that abide by codes of conduct, that are transparent and communicative and that you can be proud to do business with.
Ethics and compliance officers have many opportunities to leverage the data in their hotline and incident management systems to improve their compliance programmes— and their organisational culture of ethics and respect. This year’s benchmarks point to several opportunities to increase programme effectiveness.
Hotline data that is carefully tracked, reviewed, benchmarked and presented with sufficient context often provides the early warning signs needed to detect, prevent and resolve problems. We at NAVEX Global hope that this report is helpful to your organisation and we welcome any feedback on these findings.
Assessment is part of your compliance programme’s necessary life cycle for improvement. We work in an ever-evolving landscape of risk that requires compliance professionals to identify the gaps their programmes have today, and may have tomorrow. Your programme effectiveness as a whole is based on the effectiveness of each one of its parts. So, ensure your assessment is broad as well as in-depth. Programme assessment is not a tick-the-box exercise. It is just as important as creating a company culture and mitigating risk.
Remember, if your assessment is thorough and effective, you will have identified weaknesses in your programme and vulnerabilities for risk. Don’t be discouraged by your work to highlight these areas for improvement. Your programme and your organisation will be better for it once you make the necessary adjustments for a robust and effective ethics and compliance programme.