Your Risk Strategy’s Missing Link: GRC+Training
The human factor remains the greatest source of risk in any organization. Companies that fail to align their Governance, Risk, and Compliance (GRC) strategy with employee training are exposing themselves unnecessarily to risk management issues, compliance penalties, and reputational damage. Below we look at three companies that strengthened their corporate compliance and risk management strategy by engaging employees in workplace ethics, eLearning solutions, and compliance training as part of an integrated GRC solution.
What Does GRC+Training Look Like in Action?
A Health and Wellness Company’s Data Protection Training Revolution
A health and wellness company piloted SAI360’s data protection and privacy training across twelve countries. They used data analytics to assess how effectively employees grasped the material and their confidence in applying this knowledge. The company utilized SAI360’s Know Your Risk (KYR) model to track baseline knowledge and confidence, allowing them to pinpoint gaps in understanding and tailor training programs accordingly.
By leveraging real-time analytics from the KYR Analytics Dashboard, the company identified areas where learners were overconfident in their incorrect answers. Then they adjusted the training content to address these gaps. This approach provided actionable insights into both knowledge and confidence, helping improve training effectivness and data protection compliance.
Kraft Heinz Increased Training Effectiveness for Deskless Workers
Kraft Heinz recognized that their manufacturing employees were not able to access and engage in the company’s core ethics and compliance training as successfully as employees who worked from desks. Partnering with SAI360, they created offline learning materials—resources that were customized specifically for workers who did not have regular access to computers. As a result, Kraft Heinz improved both training accessibility and completion rates. And they ensured compliance standards were met across all levels of the workforce.
ABB Enhances Culture of Integrity and Transparency with SAI360
ABB partnered with SAI360 to enhance its compliance training and cultivate a culture of integrity and transparency. They leveraged data from compliance audits and training metrics to identify gaps in employee understanding. This data was used to refine their training programs and better align them with real-world compliance challenges.
By continuously monitoring training completion rates and compliance performance, ABB proactively addressed potential risks. The data insights allowed the company to fine-tune its training strategies, ensuring that employees were better equipped to handle compliance and ethical issues.
Final Thoughts
When an organization’s GRC strategy incorporates workforce training, it is in a much better position to proactively identify and mitigate risk. Employees are better equipped to make smarter, risk-informed decisions. Likewise, companies can leverage training analytics to gain visibility into potential areas or patterns of risk, resulting in opportunities to intervene proactively.
Let’s Start a Conversation
Interested in learning more about SAI360’s ethics and compliance training and eLearning resources? Let’s start a conversation.
