8 Out Of 10 Compliance Managers Believe That Too Much “Noise” Is Threatening Management Attitudes To Compliance And Risk.

An “overkill” emphasis on compliance and risk avoidance is testing operational management attitudes.

A survey to establish current thinking on Governance Risk & Compliance (GRC), has revealed that 8 out of 10 managers responsible for GRC believe that too much “noise” or “overkill” on the need to be compliant and risk free is threatening attitudes to compliance within their own organisations.

The survey conducted by leading European GRC Technology company Achiever Business Solutions (ABS) reveals that the recent and intense hype and debate around compliance and risk related issues, coupled with a burgeoning numbers of standards is, in some cases, leading to complacency and discontent at an operational level.

Most striking was the belief, amongst those surveyed, that negative attitudes to compliance and risk were now becoming established in workplace cultures, particularly amongst operational management. Whilst less than 10 % of those surveyed felt that they had detected a “wait until we get caught” attitude, 63% felt that a “no-one will notice or check” culture was becoming prevalent amongst some elements of operational management.

This was significantly more common amongst those respondent organisations that did not have a company wide GRC policy or a centralised compliance or risk management function. In all 78% of respondents felt that negative attitudes to compliance issues and risk, could rebound significantly on their organisations later.

A total of 86% felt that the most effective solution lay in deploying enterprise-wide GRC systems run from a central GRC department. This, it was felt, would remove the burden of compliance and risk avoidance from operational management or support them more in meeting those compliance targets that were essential.

Commenting on the figures, Achiever’s MD Robert Dent noted, “ The growing emphasis on compliance and risk issues, in major corporates, has in many cases outpaced the ability of some companies to create an effective and unified enterprise-wide approach and infrastructure for GRC management. In some cases, this leaves the GRC burden in the hands of operational management who have their own roles to play.

“It is essential therefore, to maintain a focussed approach to GRC, before bad attitudes become entrenched and that means more investment in professional enterprise-wide systems. This will place the responsibility for GRC with those who are best trained and equipped to deal with it and by the same token, take it away from those who see it as a burden, imposition or not part of their role.”

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About: Achiever Business Solutions ( A Sword Group Company)

(www.achieverplus.com)

Achiever Business Solutions is focused exclusively on the development and implementation of world-class compliance software solutions. The company’s mission is to support customers’ goals for continual compliance and business improvement across the enterprise, delivering consistency, efficiency and accountability through recognized best practice.

The company was incorporated in 1994 with the initial release of its first Quality Management Software product. This product differentiated itself in the market place by helping organizations focus on process and business improvement rather than just compliance.

About Sword Group
(www.sword-group.com)
Founded in 2000, Sword is a public company listed on the Paris Stock Exchange. It operates in 11 countries and has over 1,500 staff and a turnover of over €142m. Its key markets include; banking, insurance, government, life sciences, and telecommunications, complementing, but not competing in, our target markets. (www.sword-group.com) Sword has always specialised in providing IT products and services into highly regulated markets. In this respect our two organisations have been working for the same goals.
The Sword Group is a full solution company, which has partnered with prominent companies worldwide to offer high added-value solutions with an international approach. Chairman Jacques MOTTARD founded the Sword Group in December 2000.

For further information, please contact either:

Leigh Richards
The Right Image

0870 850 7631

leigh.richards {at} therightimage(.)eu

www.therightimage.co.uk

or

Cherry Rance
Achiever Business Solutions
+44 (01420) 547507

cherry.rance {at} achieverplus(.)com

www.achieverplus.com