Compliance & Enablement
Onerous laws and regulations apply across most industries and countries. Understanding the regulatory landscape and preventing breaches is an essential part of any organization. “Keeping out of trouble” is just as important as any growth and/or improvement strategy. In addition, establishing appropriate internal policies and procedures to guide behaviour also limits exposure to compliance failures.
Enablement refers to the environment supporting the achievement of the overall goals and objectives of the organization.
At HIA! Digital Network, we split enablement into 3 components, namely, people, methods & practices and technology, as follows:
- People – Having the right people doing the right things in the right way
- Methods and practices – building methods and practices to support efficient and effective ways of doing business within the constraints of a clearly defined performance management and risk framework. Focusing on ‘must have’, rather than ‘nice to have’ principles
- Technology – Finding the right balance in the use of technology to provide and enhance the quality and flow of information to enable better ways of working
Ensuring that these components work together in an integrated way enhances overall performance while at the same time limiting unnecessary costs.