Ethics and compliance programs have more data available to them than ever before. Capturing data on program activity and impact can be a powerful tool to assess whether your ethics and compliance program works in practice. Many companies also find value in benchmarking their programs against industry norms and in response to risks. That said, data’s nascency in the ethics and compliance space means we are still struggling to understand what to do with all this data, and how to know what it is telling us.
Ethics and compliance programs have more data available to them than ever before. Capturing data on program activity and impact can be a powerful tool to assess whether your ethics and compliance program works in practice. Many companies also find value in benchmarking their programs against industry norms and in response to risks. That said, data’s nascency in the ethics and compliance space means we are still struggling to understand what to do with all this data, and how to know what it is telling us.