We have categorized 5 documents as Compliance. All documents are displayed on this page.

In the words of Richard F. Chambers, President and CEO of The Institute of Internal Auditors (IIA), "When one's corporate culture embraces ethics and compliance, only then will the programs be effective. Without that culture, the programs are purely cosmetic." Compliance—especially in the era of digital transformation—is a living, breathing entity within any organization. For leaders in the C-suite of Fortune 500 companies, understanding the evolving landscape of compliance is crucial. It directly impacts not only the day-to-day operations but also the strategic planning and future-proofing of the enterprise. Learn more about Compliance.

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.


Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials

  •  
    "FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The "

    – Roderick Cameron, Founding Partner at SGFE Ltd
  •  
    "I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."

    – Moritz Bernhoerster, Global Sourcing Director at Fortune 500
  •  
    "I am extremely grateful for the proactiveness and eagerness to help and I would gladly recommend the Flevy team if you are looking for data and toolkits to help you work through business solutions."

    – Trevor Booth, Partner, Fast Forward Consulting
  •  
    "I have used Flevy services for a number of years and have never, ever been disappointed. As a matter of fact, David and his team continue, time after time, to impress me with their willingness to assist and in the real sense of the word. I have concluded in fact "

    – Roberto Pelliccia, Senior Executive in International Hospitality
  •  
    "Flevy is now a part of my business routine. I visit Flevy at least 3 times each month.

    Flevy has become my preferred learning source, because what it provides is practical, current, and useful in this era where the business world is being rewritten.

    In today's environment where there are so "

    – Omar Hernán Montes Parra, CEO at Quantum SFE
  •  
    "I like your product. I'm frequently designing PowerPoint presentations for my company and your product has given me so many great ideas on the use of charts, layouts, tools, and frameworks. I really think the templates are a valuable asset to the job."

    – Roberto Fuentes Martinez, Senior Executive Director at Technology Transformation Advisory
  •  
    "My FlevyPro subscription provides me with the most popular frameworks and decks in demand in today’s market. They not only augment my existing consulting and coaching offerings and delivery, but also keep me abreast of the latest trends, inspire new products and service offerings for my practice, and educate me "

    – Bill Branson, Founder at Strategic Business Architects
  •  
    "As a young consulting firm, requests for input from clients vary and it's sometimes impossible to provide expert solutions across a broad spectrum of requirements. That was before I discovered Flevy.com.

    Through subscription to this invaluable site of a plethora of topics that are key and crucial to consulting, I "

    – Nishi Singh, Strategist and MD at NSP Consultants



Flevy Management Insights: Compliance

In the words of Richard F. Chambers, President and CEO of The Institute of Internal Auditors (IIA), "When one's corporate culture embraces ethics and compliance, only then will the programs be effective. Without that culture, the programs are purely cosmetic." Compliance—especially in the era of digital transformation—is a living, breathing entity within any organization. For leaders in the C-suite of Fortune 500 companies, understanding the evolving landscape of compliance is crucial. It directly impacts not only the day-to-day operations but also the strategic planning and future-proofing of the enterprise.

For effective implementation, take a look at these Compliance best practices:

Explore related management topics: Digital Transformation Corporate Culture Strategic Planning

The Importance of Compliance in Strategic Planning

Compliance isn’t simply about following laws and regulations—it's about creating a culture of ethical behavior across an organization. According to a 2019 Global Culture & Compliance Benchmark Survey conducted by GAN Integrity, it was discovered that 79% of respondents consider culture incredibly significant to their compliance programs. A strong compliance culture helps to mitigate risks, enhance reputational integrity, and foster Operational Excellence.

Explore related management topics: Operational Excellence

Compliance and Risk Management

Change management is constant in today's business environment and with change comes risk. Deloitte's Global Compliance Report reveals that 85% of surveyed organizations report an increase in compliance-related risk management. Compliance programs help identify and manage these risks, strengthening the resilience of the organization while supporting innovation.

Explore related management topics: Change Management Risk Management Innovation

The Role of Leadership in Compliance

Leadership plays a vital role in shaping a culture of compliance within organizations. As per a McKinsey report, 70% of successful change programs were as a result of effective leadership behavior. Leaders must endorse initiatives, enforce policies, and set the right tone at the very top.

Explore related management topics: Leadership

Compliance in the Age of Digital Transformation

Digital Transformation has evolved compliance from a purely operational standpoint to a strategic function within the organization. Digital tools enable real-time monitoring, automated reporting, and predictive analytics—essential for performance management. A PwC survey found that 44% of organizations are planning to increase their Compliance spending on technology in the future.

Explore related management topics: Performance Management Analytics

Compliance Best Practices

At the core of effective compliance management lies the implementation of best practices. They may vary across industries yet a few key principles remain constant. These include:

  • An up-to-date understanding of regulatory requirements and potential risks.

  • Integration of compliance into the broader business processes, not as a separate function.

  • Active Communication of the importance and benefits of compliance across the organization.

Explore related management topics: Best Practices

Strategic Compliance Insights

Looking beyond the baseline of compliance regulation, executives must consider the wider picture—how can compliance be a Competitive Advantage? How does it align with business strategy and support overall Business Transformation?

McKinsey suggests Strategic Compliance—shifting from a reactive, check-the-box approach to a proactive, risk-based approach. This means incorporating compliance considerations into strategic decision-making, allowing leaders to anticipate potential risks early on and manage them more effectively.

As the landscape of business compliance becomes more complex, the dedication towards staying ahead of regulatory and ethical curves is critical. It becomes paramount for the C-suite to continuously enhance and reinforce their commitment to compliance, recognizing it as not just a necessity, but a strategic component of their enterprise success.

Explore related management topics: Business Transformation Competitive Advantage

Compliance FAQs

Here are our top-ranked questions that relate to Compliance.

How can companies foster a culture of compliance without stifiling creativity and innovation?
Companies can foster a culture of compliance without stifling creativity by strategically integrating compliance with innovation, leveraging technology, and promoting leadership and culture that value both. [Read full explanation]
What metrics should companies use to measure the effectiveness of their compliance programs?
Effective compliance program measurement involves metrics like Regulatory Compliance Rate, Employee Training Completion Rates, Incident Reporting and Resolution Rates, and Third-Party Compliance Assessments to ensure Risk Management and Operational Excellence. [Read full explanation]
What role does compliance play in the product management lifecycle?
Compliance is crucial throughout the product management lifecycle, ensuring products meet legal and ethical standards, mitigating risks, and building consumer trust, from design to disposal. [Read full explanation]
How can companies ensure their compliance programs are adaptable to global regulatory changes?
Adapt to Global Regulatory Changes with Strategic Planning, leveraging Technology, and fostering a Culture of Compliance for dynamic, effective Compliance Programs. [Read full explanation]

Recommended Documents

Related Case Studies

Compliance Enhancement for Luxury Watch Manufacturer

Scenario: The organization in question is a high-end luxury watch manufacturer facing challenges in adapting to increasingly stringent international compliance regulations.

Read Full Case Study

Telecom Compliance Enhancement Initiative

Scenario: The organization is a telecom provider operating in a highly regulated market and is struggling to keep pace with the evolving compliance landscape.

Read Full Case Study

Telecom Regulatory Compliance Revamp in North American Market

Scenario: The telecom firm in question operates within the tightly regulated North American market and has recently encountered increased scrutiny from regulatory bodies.

Read Full Case Study

Regulatory Compliance Reformation for Biotech Firm in North American Market

Scenario: A North American biotech firm specializing in genomic therapies is grappling with an increasingly complex regulatory environment.

Read Full Case Study

Regulatory Compliance Review for Cosmetic Firm in North American Market

Scenario: The organization is a North American cosmetics manufacturer grappling with the complexities of regulatory compliance across multiple jurisdictions.

Read Full Case Study

Explore all Flevy Management Case Studies




Flevy is the world's largest knowledge base of best practices.


Leverage the Experience of Experts.

Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.

Download Immediately and Use.

Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.

Save Time, Effort, and Money.

Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.



Download our FREE Organization, Change, & Culture, Templates

Download our free compilation of 50+ slides and templates on Organizational Design, Change Management, and Corporate Culture. Methodologies include ADKAR, Burke-Litwin Change Model, McKinsey 7-S, Competing Values Framework, etc.