CSR Press Release

PHOENIX, AZ – January 20, 2009 - Although policy management is a cornerstone of a sound compliance culture, a recent survey Open Compliance & Ethics Group One Minute Poll shows some disappointing yet not surprising results.

Poll results from more than 400 indicate that well below 50% of companies have a steering committee or other senior level group to coordinate and approve all enterprise‐wide policies. Although a key policy management architectural element is the separation of policy statement documents from procedural statement documents, fewer than 40% separate policies and procedures as a company standard. The poll highlights a lack of consistent use of common terms across policies where nearly 60% indicate variations in the use of terms across departments or business units.

Carole Switzer, President of OCEG, and Brett Curran, VP GRC Practices at Axentis, Inc. will discuss and share a practical and proven approach for optimizing Policy and Procedure Management based on their experience in developing and applying GRC principles and practices across a multitude of environments and industries on January 22, 2009 at 2pm eastern. To register for this free webinar go to: http://www.oceg.org/Details/WebinarFederatedPolicies.

For a copy of the full results of this poll visit www.oceg.org/subscribe/OMP.

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