We are at the final stage in working through a CECO SWOT Analysis to help CECOs develop their strategy in 2021 and into the future. Over the past few weeks, we looked at the STRENGTHS, WEAKNESSES, and OPPORTUNITIES of the typical CECO; this week we turn to the THREATS.
As you look to build your strategic compliance and ethics plan in 2021, it is critical to evaluate where you are now in your role, capabilities, and program, and what you need to work on to deliver the leadership and skills to achieve your goals moving forward. To achieve your strategy, it is critical to know the threats that can derail you as you strive to build the culture and integrity of the organization through a compliance and ethics management strategy.
The points below are generalizations, so you may or may not identify with them. But they are good places for discussion, learning, and interaction as the CECO prepares for the future. Here are some threats that can derail the CECO’s strategy if they are left unaddressed:
- Third party risk and compliance in which . . .
[THE REST OF THIS ARTICLE CAN BE FOUND ON THE CONVERCENT BLOG WHERE GRC 20/20’S MICHAEL RASMUSSEN IS A GUEST AUTHOR]