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Four Principles for Effective Training Systems

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By Matt Kelly – a long-time writer and observer of the corporate compliance and GRC scene. Matt runs Radical Compliance , a website and newsletter devoted to corporate compliance, audit, and risk management issues that he launched 2016. He has been working to make the GRC world a better place ever since. Altogether, the firms lost nearly $100 million. In other words, this was a failure of effective training.

Compliance Training in Retail

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In 2016, the British sandwich retailer Pret a Manger suffered huge damage to its reputation, as well as compensation claims, when a teenager died after eating a baguette containing sesame, to which she was allergic. The coroner said. “I I was left with the impression that Pret had not addressed the fact that monitoring food allergy in a business selling more than 200 million items a year was something to be taken very seriously indeed”. . DATA PRIVACY.