Have you ever felt that your current tools and processes to manage your daily responsibilities leave you always feeling behind and trying to catch up?
Risk and compliance professionals know the importance of proactivity and staying ahead of emerging risks and changing regulations with an ever-increasing workload. The challenge is that leadership needing to approve the procurement and implementation of new tools and technology to stay ahead may not understand the importance of this type of investment as they are removed from the daily activity that drives results in this area. This creates problems for the risk and compliance departments as they work at much lower efficiency and effectiveness without the right tools at their disposal.
The cause of this disconnect across various levels of the organization simply comes down to a difference in perspective. From personal to departmental to organizational goals, different terminology and result metrics can cause ambiguity and confusion in how each level of the organization relates to each other. If we were to align the needs of the risk and compliance department with organizational goals and reframe the case for the technology, we can communicate and demonstrate the impact on the organization to leadership.Let’s examine the motivators that guide the decision-making of the boardroom and then use them to gain internal advocacy for technology investment by connecting risk and compliance needs to organizational goals.
Key Takeaways
- Understanding top priorities for leadership in the organization
- Connecting and aligning risk and compliance with organizational goals
- Building and presenting a business case to gain internal support
Speakers
Robert Berger, Vice President of Sales
Robert brings over 18 years of technical sales and people management experience to 360factors. As VP of Sales, Robert is focused on building an industry-leading sales organization founded on a culture of customer success, integrity, and continuous improvement. He works with many customers who are seeking ways to improve their risk and compliance programs and welcomes the opportunity to share his thought leadership from his experience on these topics.