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Everything You Need To Know About ISO 19600

ISO19600: Why Implement it and the Challenges You May Face.

Iso 19600 - whistleblowing and risk management

The ISO project committee developed ISO19600 compliance management to aid organisations in successfully implementing a compliance management system. It may be difficult to actually implement ISO 19600 depending on your culture and the employees’ openness to discussing the potential changes to their current management system. Any organisation can use ISO19600, which supports good governance. It also enhances sustainability while also increasing proportionality and transparency within the organisation. 

ISO19600 Compliance Management Implementation

  • The ISO19600 varies based on jurisdiction, industry, and organisational structure and aims to simplify the challenging process of putting in place a compliance management system.
  • Implementing ISO19600 requires significant time and financial investments, which can make it difficult for some organisations to do. 
  • Employees who do not value the compliance management system in their day-to-day interactions can be a source of resistance for some companies. 
  • The monitoring and revisiting phases of implementation can be resource-intensive and challenging for some organisations. 
  • The ISO19600’s guidelines and principles, which cover leadership commitment, policies and procedures, risk assessment, communication, training, monitoring, reporting, and continuous improvement, must be studied in order to implement the standard.
  • Understand how your existing compliance management system functions and how it stacks up against ISO19600. 
  • The management of the company must take the initiative to ensure top-down alignment.
  • Additionally, you must plan it so that you can measure potential problems and identify any compliance risks. 
  • Analyse your existing system to see how it compares to the ISO 19600 compliance management system. 
  • Review ISO19600 and your current compliance management system to see where you stand.
  • Make a plan that includes any training, scheduling, and additional resources you might require. 
  • To assist you in becoming certified, pick the appropriate certification body. 
  • Continue checking to make sure there were no violations of the 19600 compliance management system.  

What message is conveyed when ISO19600 compliance management is implemented:

  • That the business regularly assesses its compliance program to ensure its effectiveness.
  • That when conducting business, they take into account stakeholder values and culture.
  • That they reduce the possibility of the company suffering reputational harm and other legal problems, thereby promoting stakeholder investment. 
  • You have regulations for both data protection and competition. 
  • Corruption and fraud are less likely to occur at your business.
  • Obtain a market competitive advantage. 
  • By ensuring that the business is up to date on legal and regulatory changes and is in compliance with them, ISO 19600 lowers the likelihood of fines and other legal issues. 
  • Proving to regulators that they are prepared to regulate in accordance with the most recent compliance standards. 
  • Where compliance culture is widely accepted in organizational culture.

Whistleblowing Software as part of ISO19600:

One of the most crucial steps in implementing ISO19600 or later versions, where it might be necessary, is the use of whistleblowing software. Aranea, a confidential whistleblowing tool, would encourage staff members to report any wrongdoings within the organization, bringing any breaches to light and assisting in their early resolution. Aranea is an independent app, so employees will be encouraged to use it without worrying about retaliation. As a result, the business will be less likely to suffer legal or reputational harm due to compliance lapses.