Corporate Law and Compliance: Three Priorities to Focus on in 2016
CEB has published an article discussing three areas where corporate legal and compliance professionals can make quicker and better decisions in 2016: data privacy, employees’ legal IQ, and the risk of using third-party vendors.
The article says that, “although roughly 50% of companies incorporate privacy training into training courses, the brief time spent on data privacy issues makes it difficult for employees to understand and correctly apply what they’ve learned.”
And the article discusses the importance of improving the quality of their decisions by helping them develop a radar for legal issues and understanding what to do when they spot one.
Finally, it covers how compliance teams must evolve their approach to not only establish risk management processes but also create transparency about the internal cost of third-party compliance.
CEB is a best practice insight and technology company.
