by Isabelle Dikland, Wendy Morris, and Linda Rookard, MorganFranklin
Compliance is a constant and evolving requirement for both the public and private sectors. In 2011, MorganFranklin conducted a survey during the AGA PDC to learn more about government agencies and their compliance costs, coordination, and implementation efforts. Of the 409 respondents, 70% indicated that they were involved in their agencies' compliance efforts. The results indicate that meeting compliance requirements is an ongoing challenge for federal managers. The private sector is deriving value from streamlining compliance activities, yet the survey results indicate that in the federal space, costs continue to increase in order to meet compliance requirements. In addition, the results indicate a lack of efficiency.
Read the full article and survey results on www.morganfranklin.com.