5 Tips Towards Great Compliance Training

Compliance training should be viewed within your organization as one of the most important facets of your company both in terms of legal responsibility as well as operational efficiency. But all too often, compliance training is an afterthought. In today's compliance environment it seems as though there are new regulations penned by the government on a daily basis. Yet too many organizations still cling to their simple read-and-agree policy format for their compliance training. This form of training exposes your organization to threats that could lead to massive government audits. 

According to CAVEOlearning, nearly a quarter (23.1%) of learning leaders say that regulatory compliance training is the most important aim of the learning & development function. These learning leaders ranked compliance training above topics such as job-specific technical skills, product training, and soft skills. But how do you implement a sound compliance training strategy within your organization?

1. Rethink Your Approach

A compliance-minded organization starts at the top. It's important that upper-management approach compliance training as business thinkers so that they can begin brainstorming and constructing a compliance training roadmap that is timely, relevant, meaningful, and actionable. 

2. Compliance Issues Need to be Relevant

Due to the legality behind regulatory compliance, the subject matter can be dense., making it hard to keep your trainees engaged. It's important to bring your compliance topics into a real-world context that is meaningful. No one can comprehend complex subjects from endless lists of terminology. 

3. Not All Compliance Training Benefits are Obvious

There are many benefits of compliance training that may not necessarily be immediately obvious. For instance, effective safety training can lead to fewer worker days lost and higher production. Workers gain greater job security and more opportunities for promotion as a result of a more profitable company, which happens as a direct result from a successful compliance training strategy.

4. Value-Based Compliance Training

Compliance training is easier said than done but there are a few basic concepts to keep in mind while implementing your organization's new strategy:

  • Review the compliance topic to ensure it is a training opportunity.
  • Determine terminal learning objectives.
  • Consider the target audience and locations.
  • Look for areas that may affect job or task performance.
  • Design and develop using creative and proven instructional design methodologies.

5. Compliance Requires an Ecosystem

Compliance training is a small part of a greater compliance ecosystem that needs to be established within your organization to ensure that all policies and procedures are consistently followed. Everyone within your organization needs to actively be participated in order to realize the true benefits of a compliance program. Each area staff member should have different objectives in a compliance training program.

via CAVEOLearning

Senior Leaders

  • Shareholder value
  • Business continuity
  • Risk mitigation
  • Cost avoidance
  • Liability reduction
  • Employee engagement

Managers

  • Employee engagement
  • Process adherence
  • Reduction in safety issues
  • Promotional opportunities
  • Profitability
  • Clear expectations

Employees

  • Clear expectations
  • Promotional opportunities
  • Defined workflow
  • Defined process
  • Profitability
  • Safety

After you've implemented a sound compliance training strategy, you need to consistently manage your compliance ecosystem. Managing this ecosystem could prove to be tedious and redundant, but there are solutions out there that automate your compliance management through a secure cloud. Click the button below to learn more.