Building Compliance Into Your Company Culture
Compliance is an integral part of an organization, regardless of whether you are overseeing a global enterprise or running a small business. Compliance helps companies to avoid white collar-crime, corruption, ethics issues, and other pitfalls. It’s also essential when it comes to tax issues, federal and local laws, industry requirements, workplace safety, employee rights, and data management.
Although you can create a team to oversee all the compliance requirements, you can’t leave all the workload to them. All members of your company must understand compliance, know why it matters, and act accordingly. This means developing a culture that fosters compliance throughout the organization. Here’s how to create a positive compliance culture.