If you missed it last week, we are breaking down some of our favorite True North takeaways over the course of the next 4 weeks. For week 2, we look at our session with Matt Kelly, CEO, Radical Compliance, The Compliance Futurist Movement, and what it means to be a Compliance Futurist. Here's the takeaway.
Week 2
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Compliance Futurists – Keep your Eye on the Distant Horizon (Matt Kelly)
Matt Kelly encourages us to watch what’s happening out in the world and pay attention to the larger things – like when the administration puts out a policy statement or there’s a large court case – because they may ultimately impact your company.
Being a futurist means asking yourself about the capabilities your organization will need to achieve this new compliance requirement. Stick with steps one and two before jumping ten rungs up the ladder – start simple.
His example – enhanced ESG disclosures: You’re going to need trusted ways to extract ESG data from various departments both internally and with third parties. Stop right there. That’s the capability. You need to be able to see the inevitable and then reverse engineer from there. All the other questions around the technologies needed, budget, and structure will fall in line from there.
watch the full session here
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