Compliance plus governance equals long-term gains

In the past, CIOs focused a great deal of time and resources on enabling their organizations to meet industry and government regulations. In truth, they had little choice. The very nature of regulations requires companies to either comply or suffer the consequences of non-compliance. And while meeting the demands of such regulations as The Sarbanes-Oxley Act have cost publicly traded companies in the United States millions - some say, billions - of dollars over just the past year, few organizations have seen much return on their compliance investments.

That’s not surprising, considering the difficulties of putting in place the many controls needed to cover every regulatory base.

However, when compliance is considered in combination with governance, organizations have a framework that yields not just tactical results but significant strategic advantages as well.