Nagan Research Group LLC

Compliance Assessment - An Overview

Compliance Assessment: The growing complexity of regulatory compliance (OSHA, Sarbanes Oxley, HIPAA, CA Privacy regulations and more), can place an organization in a vulnerable position even before they even realize it.

To address these risks organizations need to know:

 

The vulnerabilities specific to your organization

What your priorities should be

How you should allocate resources

How you can develop a program based on your specific risk profile

How to address your exposures (fix, replace, mitigate, transfer)

How accurate  your In-house assurances are

 

In addition you want this information NOW, you want it to be affordable, and you want it to evolve with the situation

 

The Solution. NRG has developed  a family of strategic risk and compliance assessment diagnostic tools that delivers strategic assessments and recommended actions with particular issue of concern, in a timely, cost effective fashion. The current products in the family, are described later in this document.

 

Each diagnostic tool:

 

Creates a ‘profile’ that easily identifies major areas of concern

Provides recommendations to address shortcomings

Allows alignment of resources and priorities across the entire organization

Allows comparisons across time and organizational units

Provides a consistent, repeatable method to track continuing compliance and risk management progress and issues

 

The protocols are supported by  proprietary technology  which consists of:

 

An automated process using questionnaires and our proprietary algorithms to assess risks and measure compliance

A design that simplifies updating. Content. Making additions, changes, and creating new, or modified, diagnostic tools a straightforward process.

 

Questions and recommendations are developed by experienced legal and technical professionals

 

The Protocols:

 

Provide clients with a broad strategic overview that evolves with the risk/compliance environment

Allow alignment of resources and priorities across the entire organization or geography

Allow comparisons across time and organizational units and geographies

Does all this in a timely and economic manner

 

If you a looking for a better way to determine your compliance issues contact NRG and we will be happy to discuss how the protocols can help you address your compliance issues.

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