In the time it takes you to consider this workshop your business has changed. Business drifts in a sea of change. One particular area of change that bears down on the organization is the siege of changing laws, regulations, and enforcement actions.
When regulatory change management is an ad hoc process with little to no documentation, accountability, and task management, there is no possibility to be intelligent about regulatory risk that impacts your business. The typical organization does not have adequate processes in place to monitor regulatory change, determine impact on business processes, prioritize, and make changes to policies. Information itself is not enough organizations are overwhelmed by data through legal and regulatory newsletters, Websites, e-mails, and content aggregators.
The organization needs a defined regulatory change management process to assimilate the intake of relevant information, track accountability on who needs to perform what actions, model the potential impact on the organization, establish priorities, and determine if the organizations policies, procedures, and controls need to be adjusted to address the change.
This workshop enables the attendee to build a regulatory intelligence strategy and process that monitors regulatory change, measures impact on the business, while implementing appropriate policy, training, and control updates.