Learn to Surf the Regulatory Wave
The new normal
The increased amount of complex new regulations and related implementation projects are putting an increasing burden on organizations. The ‘tsunami’ of new regulations is often indicated as the culprit, but the way in which a company anticipates this is just as decisive. My experience is that the following method works well:
Identify overarching themes and bring them together within one implementation programme
Select project members based on theme knowledge and business experience
Work with multidisciplinary teams
Think in themes instead of rules
I call my approach the theme-driven methodology. The starting point is an extensive analysis of (upcoming) regulations with the aim of identifying common themes on the basis of which organization-wide action points can be determined
In this method, the regulations themselves are not the norm for the design and implementation of implementation processes, but this is determined on the basis of distinguishable themes within the various types of regulations. The advantage of this is that related topics can be assigned to a project group, consisting of members who have specific knowledge of and / or experience with this sub-area.
How to transcend regulations
Because the project groups are composed in a multidisciplinary manner with relevant project members, it is easier to perform a conclusive gap analysis for each theme on the basis of which the action points are determined. The project group has the ability and the mandate to consistently combine the themes in internal policies, work processes, systems and internal control mechanisms. The advantage of this is that it is possible to opt for solutions that transcend regulations.
Gap anaylsis based on themes
Action plan based on themes
Theme-driven, regulatory transcending implementation in policy, processes and systems