Businesses are increasingly being confronted with new, complex regulatory requirements. The consequences of these regulations often have the potential to impact the entire organisation. However, the implementation of these requirements is often conducted in isolated teams or business units (e.g. ISM, data protection, or BCM business units)
sub-optimal collaboration leading to reduced efficiency and effectiveness
Consistent requirements and goals are often underpinned by inconsistent methods, processes and systems. The result is a significant unnecessary workload caused by redundancies and duplications in affected teams. Business units often react to uncoordinated enquiries for the same information or action. This lack of coordination and reduced transparency result in both an inability to manage risks and a reduction in the acceptance of required mitigation measures.
Our solution: A horizontal outlook
The One System framework is based on a holistic approach to reacting to regulatory demands in the context of pre-existing vertical, siloed organisational structures. Based on best-practice principles, it is modular, efficient and able to be implemented across business areas. This leads to a consistent identification, assessment and management of regulatory risks. In effect, One System allows for improved risk management via the ability to easily identify interdependencies. Additionally, it ensures a reduction of the time required to manage these risks, leading to a workload reduction for your teams.
Interested?
Further details concerning our One System approach can be found in our One System Brochure (available in German only)