Holistic risk and compliance management

Holistic risk and compliance management
If organizations want to achieve better compliance and risk management, they need to change the way risk and compliance is handled within organizations. Organizations have risk and compliance departments, staffed with highly qualified people, and yet keep running into risk and compliance management related issues. The problem isn’t that their people aren’t qualified or working hard – the real problem is that the organizational framework used by most organizations for risk and compliance management needs to be changed.