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The Value of a Necessary Evil

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Over the past few years, I have been polling compliance professionals around the world, anonymously, of course, on how compliance and risk management are treated by their senior management within their organizations.  Consistently and overwhelmingly, the preponderance of responses has fallen on the A side:

A

B

A huge burden

A bearable burden

A cost

An investment

A wrench in the business engine

A lubricant in the business engine

A source of pain

A source of competitive advantage

An after-thought

A priority

A necessary evil

A valid inevitability

The truth is that, whether we acknowledge it or not, a focus on compliance and risk management has always been a hard internal sell.  Although compliance professionals are partly to blame for that, I believe most of the Continue reading

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