Lessons Learned in Compliance Management in 2020
What have we learned from 2020? I think all of us have learned quite a bit in both our personal and professional lives. 2020 has stretched us as individuals and as organizations in various and unexpected ways.
There certainly was a lot of tension, reaction, loss, trials, and tribulation. But there are also positive aspects of agility, adaptation, innovation, and collaboration. It has been a year of health and safety, environmental, information security, conduct, and leadership disasters, but also a year of metamorphosis. As we look to 2021, we all hope for a phoenix rising out of the ashes to take on new heights of ingenuity and advancement.
2020 has its share of business challenges. The year started with the devastation in the Australian wildfires (and later California’s), then entered COVID-19 and worldwide lockdowns and economic and health and safety crisis. Not to be outdone, we have major scandals, regulatory change, business change, and misbehavior. We now conclude the year with a major information security breach devastating government and major organizations in the SolarWinds incident.
From a compliance and ethics angle, what can we learn from 2020 and adjust to build a more resilient organization of integrity going forward?
The Compliance Management lessons learned in 2020 are:
- Business and operational integrity . . .
[THE REST OF THIS ARTICLE CAN BE FOUND ON THE MITRATECH BLOG WHERE GRC 20/20’S MICHAEL RASMUSSEN IS A GUEST AUTHOR]