Every organization, regardless of size or market, shares a common set of goals: generate and grow revenue, satisfy customers, and operate at optimum levels of efficiency. In recent years, executives and boards of directors have put another critical mandate on the plate for management: regulatory compliance ranging from Sarbanes Oxley to SEC mandates to HIPAA. This mandate is daunting. The number and scope of worldwide laws, regulations and standards is staggering and continues to expand. Overlay geographic and industry-specific regulatory environments, and it’s easy to understand the frustration and concern within all global companies.
Implementation deadlines, audits, and high-profile non-compliance prosecutions have created a “culture of fear” in organizations that is counter-productive to standard corporate goals. Many regulations are complex, subject to interpretation, and lack best practices.
A culture of compliance strives to bring “order to disorder” by focusing on three tenets for overcoming corporate challenges: focus on people, process and technology. Shared, enterprise-wide understanding, business process optimization, and infrastructure content technologies are some of the key components to this approach. Join us on Thursday, November 9, 2006, 11:00am EDT for my panel discussion with Omtool CTO Thaddeus Bouchard and HP Financial Services Solutions Manager Joseph Wagle to discuss how to make compliance practices a seamless part of your business processes. Register here.