"They consider the behavioral implications of the compliance program at every turn, particularly how company policies might foster or defeat employee rationalizations." In the "Nudging" paper, Haugh studied companies' use of simple interventions to influence good behavior, following the concept established by 2017 Nobel Prize-winning economist Richard Thaler.
Examples of corporate nudging include brief written reminders of morality for employees completing travel reimbursement forms and checklists before client funds are transferred.
Create, manage and distribute corporate and regulatory policies, standards and procedures in a single governance system of record.
Ensure alignment of policies with changing business objectives and reduce compliance gaps.
Solution Brief This solution brief provides an overview of RSA Archer Regulatory & Corporate Compliance Management, including use cases for Controls Assurance Program Management, Controls Monitoring Program Management, Corporate Obligations Management, and Policy Program Management.
Access the Solution Brief By consolidating regulatory requirements and centralizing news feeds from regulatory bodies into one searchable, standardized governance structure, RSA Archer better positions your organization to quickly determine the impact of regulatory changes.Most corporate compliance programs are built around what the law requires, and many are run by former regulators or criminal law attorneys.In a paper in MIT Sloan Management Review, "The Trouble With Corporate Compliance Programs," he identifies eight rationalizations most frequently used by those committing unethical and criminal acts within companies: "It's been reported that the Weinstein Co.'s board knew of its CEO's actions, yet didn't act to stop him," Haugh said, citing the example of allegations against former film executive Harvey Weinstein.Manage linkages between internal controls and laws, regulations and industry frameworks.Document, assess and report on the performance of controls across your business.Other companies employ more sophisticated methods, including using algorithmic software to monitor employee activity.In short, Haugh discovered that while subtle suggestions from management can influence positive employee behavior, it also can backfire and become a tool of unwanted behavioral manipulation."It was clear to us that the RSA Archer Suite was the most flexible, trustworthy and easy-to-manage compliance solution.Recent reports of sexual harassment committed by powerful men also highlight the failures of corporate compliance programs designed to protect employees.Designed to enable organizations to group processing activities for the purposes of performing both privacy impact assessments (PIA) and data protection impact assessments (DPIA) and for tracking regulatory and data breach communications with data protection authorities.Identify operating conditions that may necessitate a DPIA pursuant to Articles 35 and 36 of GDPR.