Tailored Compliance Training

According to Maria Knapp (Control Risks’ Compliance, Forensic and Intelligence Training) & Oliver Wack (Principal of Control Risks), training that is general and not tailored to specific job functions by definition has limited applicability for different parts of the business where risks are the highest. Companies that go the extra mile and develop training programs aimed at specific job functions like accounting will have a greater impact. Where real-life case studies are used during trainings, they should be adjusted for different trainings to speak to the specific audience at hand and focus on applicable remedial measures or management strategies and lessons learned from the company itself. The focus should be on questions like “What did we do wrong to get into this situation?”, “What can we be better at?” and “What challenges would you and your job function face dealing with applying these management strategies, and where would you look for internal or external support?”