Hindsight is 2024: How will you stay ahead in 2025?
It’s that time again: preparing for the new year with new resolutions. What are your compliance program resolutions for 2025?
Resolution 1: Wave goodbye to spreadsheets
If you feel like you’re drowning in spreadsheets, you’re not alone. Saying goodbye to chasing data points and the manual tracking that goes with it is top of many lists this year. Organizations are keen to move on to purpose-built technology that breaks down data silos and helps progress their program maturity. So, it’s time to honestly ask: are spreadsheets still central to your compliance tracking? If so, maybe it’s time to resolve to evolve.
According to OCEG's GRC Maturity Report, level three of the maturity model "represents a significant level of maturity for an organization," and establishes a foundation for daily impact and effective integration across multiple functions. To achieve this level of maturity, organizations need to embrace purpose-built technology and move beyond the manual methods that worked in the past.
A resolution: Explore technologies that will free up time to focus on strategic initiatives instead of manual tasks and that will help your program scale.
Resolution 2: Work from a single source of truth
Repetitive tasks caused by “swivel chair” management isn’t just inefficient – it creates silos and confusion. Rather than jumping between dashboards, screens and tools, industry pros are looking to adopt a unified platform – a true single source of truth – that can help connect GRC efforts to business goals.
Achieving maturity means moving beyond the reactionary, and a unified platform offers profound insights and helps risk and compliance programs align with business objectives. This data consolidation also elevates GRC to a strategic imperative, providing leaders with the confidence and accountability needed at the executive table. In today's climate, where leadership is under increasing scrutiny, a single source of truth isn't just a tool – it's an opportunity.
A resolution: Build or adopt a master dashboard for your GRC program. It’s not just about better insights – it’s about earning a seat at the executive table.
Resolution 3: Get your risk assessments in order
Addressing risk in your organization can feel like trying to boil the ocean. And the reality is that most organizations aren’t fully leveraging risk assessments, leaving important work either undone or unused.
As Carrie Penman writes in the 2025 Top 10 Trends in Risk and Compliance:
A resolution: If you’re unsure where to start, the NAVEX Risk Resilience Guide breaks down third-party, regulatory, and compliance program operational risks to help you systematically understand and address risk in your organization.
Your 2025 reading list
Geopolitical tensions, economic shifts and regulatory changes demand that risk and compliance professionals stay well-informed. Here are five must-bookmark resources to help you stay ahead:
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What are your 2025 predictions? Let us know in the comments.