The golden thread: achieve strategic objectives by risk-based compliance and oversight
Effective Corporate Compliance and Oversight (CCO) requires the collective, collaborative efforts of the board, management and internal audit to provide timely visibility of important metrics. In addition, executives and managers struggle to design and implement compliance and governance programmes which:
• Establish a strategy for the best governance of the business in pursuit of their goals
• Establish compliance processes and systems
The purpose of this white paper is to provide you with some insights about how to address these challenges firstly by taking a risk-based approach to corporate strategy and secondly by harnessing the leverage and power provided by risk-based CCO software tools and methods to standardise and automate compliance and oversight.