The urgency of a problem often entices people to quickly focus on finding a solution and repairing the problem in order to immediately remedy the situation. Although a short-term fix may be necessary, it is equally imperative to take time to reflect on whether or not the solution makes good business sense. This is probably most relevant for companies that find themselves with compliance gaps, either self-identified or observed during regulatory inspections. The inclination to dive in and remediate is very tempting, especially when facing known inadequacies, but the consequence of not considering the underlining causes for that situation, as well as the business’s overall objectives, may lead to implementing unsustainable and non-optimal solutions.
Fact Sheet December 08, 2011