Making risk and compliance transparent for companies

One of the great challenges in risk management and compliance is how to communicate changes in policies or procedures. According to an article in Forbes from experts in the field, transparency in letting employees know about those changes gives everyone at a company a deeper sense of strategy and purpose, what is happening in the current regulatory environment, and what business activities could put the company the most at-risk. It also takes the surprise factor away — an important goal in today’s business climate.