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How to Teach a Compliance Topic in 5 Minutes Fast Food…High speed internet…EZ Pass lanes…Express Trains. We are always figuring out ways to do things quicker. Time is always of the essence, and learning is no different. Companies are constantly challenged with keeping their employees up to date and knowledgeable, while concurrently finding the time to conduct the training. So what if I told you it’s possible to teach a compliance topic in 5 minutes, without compromising the content or the take away? Here’s how we do it.
3 Advantages of The Self-Policing Environment There has been a lot of criticism leveled at the self-policing environment we often see in big corporations, as well as in government organizations. However, while there are potential problems when it comes to self-policing, it's also important to remember that the model has advantages as well. Advantages like: #1: Internal Understanding One of the big problems with exterior policing is that an outside organization often needs a translator. Policies and terminology have to be explained, and the outsiders lack the years of acclimation and experience that insiders have.
The Impacts a Data Breach Can Have On Your Organization No business wants to be the target of a data breach. However, reports of such incidents appear so frequently in the news nowadays that some organizations - especially those who have never dealt with a security breach - may become complacent. "It only happens to the other guys. It'll never happen to me." If only they would be so lucky.
REAL AND RELEVANT COMPLIANCE TRAINING: Five Guiding Principles for Pharmaceutical and Healthcare Compliance Training Governance, risk, and compliance issues pose a critical dilemma for healthcare organizations: In last 5 years, 11 pharmaceutical companies paid $13 BILLION in compliance related fines. More than 6,000 pharmaceutical lawsuits have been filed in last 4 years. Multiple warning letters are issued to pharmaceutical companies by the FDA annually. 35 pharmaceutical company legal cases - over 25 employees arrested and prosecuted. The FBI estimates that health care fraud costs American taxpayers $60 billion a year. These are just some of the staggering statistics
4 Pharmaceutical Compliance Training Tips A culture of compliance. It sounds serious. All it truly means, though, is fostering an environment where employees at every level collectively adhere to your company’s code of conduct to achieve the highest caliber of business operations within the pharmaceutical industry. Most people want to be productive, ethical team members. They just might need assistance getting there. This four-step process, when applied diligently, can help your organization establish a sustainable culture of compliance. 1.
Top Issues to Consider For the Ethics of Cyber-security IT security professionals have a challenging job when it comes to cyber-security. Not only must they guard against attacks but they also must contend with ethical issues. Most businesses have an official policy regarding privacy and other ethical issues. However, security personnel must often make decisions on a case-by-case basis. Most of the leading issues that pertain to the ethics of cyber-security concern privacy.
One of the best ways to safeguard your company is to provide your employees with anti-corruption training. National guidelines that have already been issued on compliance training for anti-corruption have already stated the importance of this type of training. It’s also imperative that this type of training is face to face or provided through e-learning. It’s also important to take into consideration the number of your employees that spend time on this type of training can actually be used as part of a legal defense in any instance of an active corruption.
5 Compliance Training Tips for New Hires How does the new hire fulfill all of their obligations to personal life responsibilities, new position responsibilities, and compliance training? Sounds like an impossible task, or is it? The answer is to make effective use of time concerning new hire compliance training. By developing a company-wide culture of compliance the new hire will find an environment that will speed his learning of compliance requirements.
Ways to Measure Cultural Change in a Company Companies go through a lot of trouble to make the culture the best it can be. However, how do you know you have truly been successful? You cannot effectively measure culture change based on your own gut instinct. Instead, there are a few tools you can utilize to measure how effective your culture change truly is. Measuring cultural change requires you to choose objectivity rather than subjectivity. For culture change to be effective, radical behavior must be shifted over an extended period of time.