Since the COVID-19 pandemic continues to spread globally, companies around the world are slashing non-essential spend and as the months go on, they will be looking for more areas to make cuts in the sectors deemed not to be adding value. For this reason, organisations start asking themselves: What is the role of compliance in adding value to the business and in which areas is it of the greatest importance in these challenging times?
Join this interactive session hosted by Juliet Lui, Director of Strategy & Corporate Development at The Red Flag Group®, to explore compliance strategies that will help you quickly respond to the new business environment and find out what compliance should put focus on in the face of current circumstances.
Key takeaways and discussion points:
- Third parties: As supply chains and third party networks are upended, what role should compliance be playing to ensure adherence to the original compliance obligations?
- Helping the business: How can compliance assist in identifying alternative supply chains, or help with top line revenue?
- Communication strategies: How should compliance be aiding in communications with other departments and clients?
- What not to do: What is the role of compliance in moving the business forward without enabling any obstacles?