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Compliance: An Essential Yet Often Overlooked Component of Resilience
27 Sep 2022
2022 International Risk & Resilience Conference
- Compliance requirements can be externally and internally generated (e.g., legal / regulatory, customer, insurance, ISO, management systems).
- A critical, indivisible relationship exists between effective and efficient compliance, risk management, and due diligence.
- A siloed rather than integrated 'cause and effect' approach to compliance can weaken an organisation's level of resilience.
- A compliant organisation is more likely to prevent and mitigate loss and damage attributable to disruptive events.