The 2022 Gartner Leadership Vision for CCOs research outlines three key issues that will affect CCOs and their teams in 2022 and actions they should take to mitigate risk, improve compliance culture and embed technology in their processes.
Download our eBook to explore the key actions for CCOs heading into 2022:
When making the leap to a new position, almost half (46%) of executives across all functions underperform. At a time when the compliance officers are challenged to effectively manage the risks of modern business, new chief compliance officers need to find their feet fast and lead boldly.
Chief compliance officers who empower the wider business to own compliance risk succeed on two fronts: They free up space for strategic work which supports business growth and drive employee ownership of compliance risk, ultimately leading to better risk prevention and mitigation.
Gartner’s research provides crucial insights on the compliance function as well as best-practice templates and tools to help you make a fast start in your new role as chief compliance officer. Use our resources to assess the current state of the function, map out next steps and implement your plans confidently.
In this new environment, CCOs must be prepared to flex to four distinct models: strategic business advisor, culture and ethics steward, tech and analytics champion, and an aligned assurance forger. Use our guide to analyze where current efforts diverge from stakeholders' expectations and develop actionable risk guidance.
New compliance officers face an overwhelming amount of tasks during their first few months. The solution? Building a detailed plan. Use the insights, advice and other tools included in this 12-step guide to make an impact in your new role..
Measure performance against peers, strategic priorities and future needs, and position yourself to drive business goals with Gartner's benchmarks and diagnostics.
Save time and execute with confidence when creating your strategic plan for compliance. Use this one-page template to communicate your strategy with internal business partners.
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Congratulations on your new role. Gartner helps compliance officers transition confidently and succeed faster.
Chief compliance officers (CCOs) are responsible for designing, implementing and monitoring the processes by which the company will comply with all applicable laws and regulations. This frees general counsel (GC) to take a more strategic legal and risk-tolerance approach.
A successful CCO needs the skills to:
An effective compliance program manages corporate compliance with strategic and legal requirements and the principles of ethical culture. It demonstrates results via staff skills development and target achievements, while empowering business leaders to mitigate risk throughout their organizations.
The key areas of compliance risk include:
The CCO of today is someone who has expert capability to manage and implement strategic compliance programs, while still establishing processes for accountability and transparency, particularly in emerging and evolving risk areas, such as those associated with digital transformation.
Looking at the corporate landscape of the future, CCOs will need to have even greater management skills equipped to deal with changing global markets and the shifting legal requirements for organizations to fulfill their required compliance vital for business growth and corporate strategy.
Gartner is a trusted advisor and objective resource for more than 15,000 enterprises
Our compliance research and advisory services are designed to help you keep up with the fast-paced changes in the regulatory landscape, manage misconduct risk inside the business and ensure compliance along the supply chain.
