Section 3

Demonstrating Value

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Make the Most of the Boardroom

Learn how to prove and communicate the value of your program while becoming a strategic partner to the C-suite and your board. 

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The value of your compliance program is demonstrated with a mixture of art and science. Hard data and evidence-based information is your scientific proof, while more abstract observations of attitudes and behaviors make up the art of your compliance program. Together the art and science of your work tells its story of effectiveness. 

This section will give you the guidance to best tell your compliance program’s story of effectiveness through best practices in program assessment and benchmarking. It will give you the tools you need to package the raw data of your work into a compelling presentation to your CEO, board and senior management. And it will provide expert advice to help guide you through nurturing key relationships across your organization to showcase the value of your program even when it’s not in the spotlight. 

Key Elements for Effective Compliance Program Board Reporting Lock Icon Icon of the outline of a padlock.

“Know your audience.” It’s a cardinal rule of business communications – and it certainly holds true when determining the most effective ways to communicate ethics and compliance program updates to your board of directors.

NAVEX Global 08/29/2018
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“Know your audience.” It’s a cardinal rule of business communications – and it certainly holds true when determining the most effective ways to communicate ethics and compliance program updates to your board of directors.

Excellence in board reporting helps create opportunities for deepening board engagement, improving the company’s culture and helping to further cement the trust and respect the board has for the accomplishments of the company’s compliance program.

Comments

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Thank you for the valuable Whitepaper in training purposes.

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Aug. 30, 2018, 3:52 a.m. Andrey Philippov Andrey Philippov