• Live: From tick-the-box compliance to balanced decision-making

  • Jun 23 2023
  • Duración: 36 m
  • Podcast

Live: From tick-the-box compliance to balanced decision-making  Por  arte de portada

Live: From tick-the-box compliance to balanced decision-making

  • Resumen

  • From tick-the-box compliance to balanced decision-making
    In this episode we'll go deeper into the second trend of Sustainable Compliance and look at why things are changing from a mindset of "tick-the-box compliance" to a "balanced decision-making". We'll also share learnings on how to get there.

    Why tick-the-box compliance is not a great idea.

    • 💵 Calculating 4 % of global revenue for fines does not make sense anymore.
      • To most companies discovery risk is low, and the level of fines have never reached that level.
    • 👮🏻‍♀️Management buy-in should not be based on fear of fines.
      • It should be based on how the privacy program positively benefits the organisation.
    • 📚 Legal requirements are important.
      • So are the demands and wishes of our customers, colleagues, local community and other stake holders.
      • We should broaden the scope of our privacy compliance.
    • 💻 Spread sheets are great for many things (I'm told).
      • They proved less optimal for privacy compliance because keeping them up-to-date became a hassle. Many have not been updated since 2018.
    • ✅ Tick-the-box compliance is dying. And we shouldn’t lament that.
      • Instead, let’s replace it with making balanced decisions on data compliance taking the law, value creation and public expectations into account.
    • 😇 Feeling good about your job is important.
      • However, only feeling good when you ARE compliant will make you feel miserable most of the time.
      • Let’s feel great about the process of compliance.
    • 🧑🏼‍💻 And finally. Data compliance is real work and provides benefits to the organisation.


    Follow your host, Jacob Høedt Larsen, on Linkedin: https://www.linkedin.com/in/jacobhoedtlarsen/


    Read more about the cooperation problem, Officers and Operators on our blog: LINK


    Sustainable Compliance Live is a weekly show and you’re invited. Subscribe to our newsletter and get the agenda every week: https://www.wiredrelations.com/datasustainability#data-sustain-form


    The five trends of Sustainable Compliance are:

    Trend # 1 From centralized authority to company-wide collaboration

    Trend # 2 From tick-the-box compliance to balanced decision-making

    Trend # 3 From problem-oriented to solution-oriented

    Trend # 4 From legal thinking to strategic involvement

    Trend # 5 From managing data subject to caring about people

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