In business situations a common frustration can be that staff do not follow the defined procedure, that data updates are not supplied correctly and that business change activities take more time and cost than expected.
These symptoms can indicate a deeper and more pervasive issue, namely whether your organisation has a compliance culture.
These cultural issues can result in poor business decisions, dissatisfied customers and potentially challenging questions from regulators. Above all, they can have a noticeable effect on profitability.
Posted by Julian Schwarzenbach