Saturday, August 15, 2020

“Compliance” Quotes of “Digital Master” Aug. 2020

 To some degree, conformance/compliance is inherent within the value-driven performance.

"Digital Master” is a series of guidebooks (28 + books) to perceive the multi-faceted impact digital is making to the businesses and society, help forward-thinking organizations navigate through the journey in a systematic way, and avoid “rogue digital.” It perceives the emergent trends of digital leadership, provides advice on how to run a digital organization to unleash its full potential and improve agility, maturity, and provide insight about Change Management. It also instructs the digital workforce on how to shape a game-changing digital mindset and build the right set of digital capabilities to compete for the future. Here is a set of “compliance” quotes in “Digital Master.”

1 Far too often, compliance culture is weak, compliance is reduced to an administrative matter of compiling nice documents which are often shelf-ware only.

2 A good compliance system must have morals and ethics incorporated into it.

3 Gravitas is essential for a governance or compliance executive to demonstrate his/her beliefs, convictions, and resolve by influencing both decision-makers and staff.

4 The current governance model is still skewed by too much emphasis on compliance, too much “hands off” and now a host of social and politically correct pressures being applied.

5 To some degree, conformance/compliance is inherent within the value-driven performance.

6 Performance without conformance/compliance is not genuine; conformance without performance adds very little to the firm value.

7 In allocating board meeting time, it’s important to structure the agenda so strategic and performance related issues come first, and compliance issues towards the end. Otherwise, there is a risk that the compliance or conformance issues crowded out performance matters.


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