A strategic, sustainable approach requires aligning business objectives with compliance requirements in order to gain better control of data. This offers the enterprise the potential to exploit benefits across all its data-driven initiatives.
- Aligning compliance and business objectives requires high-level effort: shaping holistic workflows composed of people, process, and technology.
- Complete, granular data control is the technical requirement of both compliance and proactive leverage of informational assets. Control ultimately drives business value.
- Specific use cases, with measurable ROI, are typically the starting point for the enterprise to create alignment between compliance and existing business objectives.
Features and Benefits
- Assesses historical and current enterprise compliance strategies, and identifies the numerous pitfalls of methodology designed to achieve minimum compliance requirements.
- Identifies the communicative and organizational barriers that exist in the enterprise's efforts to integrate compliance as an organization-wide initiative.
- Identifies the fundamental technical information management requirements shared by compliance initiatives and proactive data leverage initiatives.
- Evaluates the potential for GDPR compliance strategies to contribute to existing enterprise initiatives for the maximization of business value.
- Identifies common enterprise use cases that stand to benefit from compliance efforts, which provide practical starting points for alignment of compliance and business objectives.
Key questions answered
- Why is regulatory compliance traditionally viewed as a cost center and burden within the enterprise, and how can organizations shift strategy to derive value from their compliance efforts?
- Why is the solution-centric approach to GDPR compliance, and compliance in general, not sustainable from a long-term business perspective?
- What technical information management requirements do compliance and proactive data leverage have in common, and how can this commonality be exploited to strategically align objectives?
- How can compliance efforts augment and strengthen existing data-driven initiatives in the enterprise, such as data quality programs and customer 360-degree efforts?
- What are the practical starting points for the enterprise that wishes to align compliance with business objectives? What existing use cases provide a framework for alignment?
Table of contents
Recommendations for enterprises
Recommendations for vendors
Aligning objectives requires high-level effort
Look at the forest, and not just the trees
Compliance requires people, process, and technology
Leadership, and cross-departmental collaboration, is needed
Compliance, and data leverage, depend on control
The enterprise is faced with (seemingly) opposing trends
In reality these trends are two sides of the same coin
Shared requirements provide opportunity for alignment
Architectural challenges abound, and silos are the problem
Use cases provide opportunities for alignment
Tangible use cases leverage existing people and processes
Identifying common use cases with ROI helps align objectives
For successful compliance outcomes, follow the budget