BIC Advisory

Compliance

Why Do You Do What You Do? – The Heart of Internal Control (Part 2)

Policy and Procedure Makeover This is a continuation of the article Why Do You Do What You Do? The Heart of Internal Control. I believe that the key to effectively managing what I call the “Known Known” risks (risks that we already know the cause and effect and the required controls [domain of best practice]) depends

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How to Improve Compliance with Hugs, Nudges, Smacks and Shoves

One of the biggest frustrations of compliance professionals is how to get people to do the right thing. Doing the right thing entails ensuring employees follow company policies and procedures. To achieve this , a “Tell and Sell” approach is usually adopted by communicating policy requirements to employees hoping that having the knowledge will influence

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