Over-engineering costs you money
An over-engineered program is neither effective nor cost effective.
Our focus is on Governance and Compliance. We believe that ESG is here to stay and that organizations globally need to embrace ESG into everything they do. They need to build it, tweak it and perfect it. It won't happen immediately but with constant assessment, verification, benchmarking and improvement, you can move to a GREAT governance & compliance system.
Part of our approach is to identify and deconstruct over-engineered programs.
We love helping with compliance and governance programs and allowing you to turn them into GREAT governance & compliance programs. We believe there is true value in GREAT governance and compliance initiatives and that they truly add value to a business. But poorly designed ones are a pain for any business.
A GREAT governance & compliance programme is not one filled with so much process that it becomes unwieldy because it has been over-engineered by an over-exuberant consultant charging by the hour.
We see it all the time in all the wrong places.
Over-engineering of governance & compliance happens in several places. Here are our top 5 places where we can easily identify over-engineering:
- Processes that involve too many steps that take too long and involve too many people
- Poor delegation of decision authority and bottlenecks that force users to go around the procedure rather than follow it
- Poor explanations, poor examples and poor directions on how to use procedures
- Totally disconnected processes from compliance that don't leverage already existing business processes
- Over-engineering of reporting that leads to paralysis through analysis and miss the most basic clues to how a program is working.
Why move ahead with ETHIC Intelligence for your next project?
We have also seen that the 'G' in ESG is widely misunderstood or very narrowly focused. The 'G' in ESG seems to be the least developed in the ESG frameworks and companies that purport to be experts in ESG are rarely even considering the true elements of 'Governance'. We are focused on Governance and its related Compliance. It is what we do.
We are focused on establishing great Governance & Compliance for companies and truly getting value for their efforts in building the G in ESG.
Our focus is clear. We like Standards and Guidelines and we like validating companies against recognized Standards and Guidelines. We have a strong focus in encouraging use of Standards and Guidelines and believe that this is the key to simplification, efficiency and an improvement in adoption. We also strongly support the ISO adoption of standards and guidelines in Governance & Compliance. They are robust, structured, consistent and easy to apply.
We are auditors of ESG practices as it applies to Governance & Compliance.
ETHIC Intelligence® does not provide guidance nor advice nor consulting on the development of governance or compliance systems. We are ONLY an audit, assurance and certification body and we recommend all clients who are looking for a consulting organisation to help develop a governance or compliance programme to consult with other companies in the management consulting space.