Organizations face mounting pressure to deal with their ethics and compliance infrastructures. Increased scrutiny, global regulations, enforcement actions, and the reputational need to be viewed as a company driven by ethical culture have led compliance leaders to seek out new ways to meet their objectives.
There are inherent risks for companies operating in today’s complex business world, which can be largely impacted by the actions of their employees, customers and business partners. Regulators are cracking down on violating companies. Demands for information – demands that are higher than ever and that will only continue to build – are coming from regulators, executive management and the audit committee. Executive leaders need to be able to make strategic decisions with an informed, risk-based approach.
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