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

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

What is Sustainable Compliance?

Welcome to the podcast: Sustainable Compliance.
Are you passionate about data protection, GDPR, information security, and general compliance? Then, this podcast is dedicated to you.
We delve into the intricacies of data protection and compliance. Join us as the host, Jacob Høedt Larsen, interviews experts and discusses the latest trends, insights, and advice within the realm of compliance. We also explore how we can reshape the way we think and organise ourselves around compliance, to forge a sustainable and viable path for processes.
Join the conversation and be a part of creating a more sustainable future for compliance.

Host: Jacob Høedt Larsen
By: Wired Relations - www.wiredrelations.com