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Establishing a successful compliance program requires careful consideration of personnel, policies, and organizational culture. Any compliance program must start with policies. They lay out the demands and specifications for staff members and offer a schedule for the compliance program. It will be challenging to guarantee that staff members comprehend and adhere to the compliance program without explicit and precise policies. Policies must be in place within organizations to guarantee regulatory compliance. For instance, a hospital company may have a policy requiring HIPAA training for all staff members (Vanderpool, 2019).
Another significant component of compliance is culture. Implementing a compliance program can be aided or hindered by an organization's culture. Employee adherence to the compliance program is higher in companies with a compliance-valued culture (Forbes, n.d.). An organization's culture can support compliance by ensuring workers understand the value of compliance and preventing actions that could result in non-compliance. Workers may be more inclined to report compliance infractions if, for instance, the company has an open and honest culture.
An essential component of any compliance program is personnel. Compliance professionals must be assigned to and maintained by organizations. Individuals in charge of compliance must possess the necessary training and program knowledge. In a healthcare setting, for instance, the compliance officer may ensure that every employee has received the most recent HIPAA training. The compliance officer may also oversee looking into infractions of compliance (Cabar et al., 2023). The compliance officer must be able to convey the compliance program to the staff proficiently. Staff members can only complete the compliance program efficiently with adequate training and communication.
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
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