START THE NECESSARY CHANGE TO DRIVE YOUR BUSINESS TO A COMPLIANCE CULTURE

START THE NECESSARY CHANGE TO DRIVE YOUR BUSINESS TO A COMPLIANCE CULTURE

START THE NECESSARY CHANGE TO DRIVE YOUR BUSINESS TO A COMPLIANCE CULTURE 1920 1080 Being Essential

If you’re not fostering a culture of compliance with external regulations and internal policy, your company risks employee injury, fines, legal settlements and potential losses in sales, stock value and brand reputation.

A strategic approach to implementing a compliance mindset in your organization can guard against this. It’s a significant change with significant rewards.


THE BENEFITS OF USING COMPLIANCE STRATEGICALLY

Many companies consider compliance to be a costly annoyance that at best keeps them off the radar of regulators and at worst negatively impacts the bottom line. In reality, companies perform better and are more likely to achieve their objectives when compliance is a key component of their culture—that is, when compliance becomes a component of their growth strategy.

A successful compliance program isn’t about rules – it’s about people. It should protect your employees and communicate your company’s values and principles. And that starts with compliance training that engages employees and empowers them to make the right choices every day.
Fostering an ethical culture and integrating compliance to support business objectives has many benefits, including:

REVENUE GROWTH
A well-planned compliance strategy can help companies grow revenue in many ways, such as:
• Winning or retaining contracts that have safety or other compliance performance requirements.
• Enhancing brand image and reputation, which may attract more customers who are willing to pay premium prices.
• Attracting high-caliber employees who want to work for a company with a reputation and culture they can be proud of.
• Driving positive business impact, motivated employees are more productive and make decisions that benefit the company and their fellow employees.

COST AND RISK REDUCTION
• Improved compliance may lead to fewer safety issues, reducing claims, fines, penalties, injuries, or death.
• Companies that adequately manage workplace safety and health performed better financially than those which did not, according to a study by Harvard Business School.4 The study found that within high-hazard industries in

SAFETY
• Keeping employees safe reduces lost time incidents .
• Improved safety records may result in reducing the economic impact of worker’s compensation and related expenses, lost production time, employee absenteeism, job accommodations, and restricted work efficiency.
• Fewer on-the-job injuries leads to reduction of legal expenses and penalties associated with violations, citations, and injury cases.
• Safety compliance training may result in savings on incident review, process modification, disciplinary actions, and cost of replacement hires.

START A COMPLIANCE JOURNEY IN YOUR ORGANIZATION NOW!

Our training courses from Skillsoft’s Compliance library provides coverage on an array of compliance topics employers need to train their employees , including these popular titles:

  • Legal and regulatory
  • Cybersecurity and IT
  • Data protection and privacy
  • Transparency and anti-corruption
  • Ethics and integrity
  • Occupational safety, health and wellbeing
  • Environmental, social and governmental (ESG)
  • Sexual harassment
  • Anti-discrimination and diversity
  • Tax
  • Trade
  • Anti-money laundering and much more

Fill in the form below to book your demo and get all the information regarding our COMPLIANCE COURSES for your employees!