Description

Tricolor Auto Group’s Approach to Policy & Training

How Tricolor Auto Group Achieved Value in Policy & Training Management

[tabs style=”default”] [tab title=”Executive Summary”]

With today’s complex business operations, global expansion, and the ever changing legal, regulatory and compliance environments, a well-defined policy management program is vital to enable an organization to effectively develop and maintain the wide gamut of policies it needs to govern with integrity. With 16 locations and plans to expand into the California market, Texas-based Tricolor Auto Group was managing compliance obligations and policies manually: using paper-based documentation and conducting training from three-ringed binders. Tricolor Auto Group recognized that Tricolor would benefit from Complí Workforce Compliance Management. Complí has allowed Tricolor to transition from a manual paper-based compliance, policy and training system to a cloud-based process that meets the communications needs of bilingual employees as the company expands to new states, encounters additional compliance regulations, and faces complex employee onboarding requirements. GRC 20/20 has evaluated and verified the implementation of Complí at Tricolor Auto Group and confirms that this implementation has achieved measurable value across the elements of GRC efficiency, effectiveness, and agility. In this context, GRC 20/20 has recognized Complí and Tricolor Auto Group with a 2014 GRC Value Award in the domain of Policy & Training Management.

[/tab] [tab title=”Table of Contents”]

1. Hordes of Policies Scattered Across the Organization
2. How Tricolor Achieved Value in Policy & Training Management
   • The Situation
   • The Solution
3. The Value of Complí Solutions at Tricolor
   • Policy & Training Efficiency Value
   • Policy & Training Management Effectiveness Value
   • Policy & Training Agility Value
4. GRC 20/20’s Final Perspective
5. About GRC 20/20 Research, LLC
6. Research Methodology

[/tab] [tab title=”Author”]

Michael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 23+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures, and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

[/tab] [/tabs]

---

©GRC 20/20 Research, LLC. All Rights Reserved.

No part of this publication may be reproduced, adapted, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of GRC 20/20 Research, LLC. If you are authorized to access this publication, your use of it is subject to the Usage Guidelines established in client contract. The information contained in this publication is believed to be accurate and has been obtained from sources believed to be reliable but cannot be guaranteed and is subject to change. GRC 20/20 accepts no liability whatever for actions taken based on information that may subsequently prove to be incorrect or errors in analysis. This research contains opinions of GRC 20/20 analysts and should not be construed as statements of fact.  GRC 20/20 disclaims all warranties as to the accuracy, completeness or adequacy of such information and shall have no liability for errors, omissions or inadequacies in such information.  Although GRC 20/20 may include a discussion of related legal issues, GRC 20/20 does not provide legal advice or services and its research should not be construed or used as such.