There are some organisational owners and managers who run shy from the word ‘compliance’ – the interpretation is often policing or threats. In fact implementing legal and regulatory compliance is an important part of developing and growing a business.
Compliance goes hand in hand with risk management (and governance hence GRC); these are good practice and part of the management tool kit to be used in business strategy, business growth, as a way of increased business efficiencies. Aiming for a compliant culture can afford protection from regulatory intervention, is a way of reducing general insurance premiums (ask your insurance broker) and an aid to protecting your organisation’s reputation.
In summary, its all about the bottom line!
How can Compliance Essentials assist your organisation? Please contact us for an initial chat on 1300 602 880 or get in touch via our website at www.complianceessentials.com.au