HOW TO FIX COMPLIANCE TRAINING INFOGRAPHIC

 

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The current compliance training model is broken. The time required to complete mandated training in the financial services sector has nearly doubled since 2014, driving costs upwards.

However, the amount of settlements and fines paid to regulators has also soared during this period.

This infographic, created with the help of 150 Learning & Development professionals, presents the current problems with compliance training and suggests ways to improve both the format and the content used to create a more modern and effective form of mandatory training. 

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ONLINE COMPLIANCE TRAINING NEEDS TO EVOLVE

 

"I often get the feeling someone is merely crossing a task off a to-do list with the design of many programmes - just turning conventional training into an online pdf with pictures and surveys."
Business Development, Engineering and Construction
 
 
"Treating everyone as though they know nothing and would inherently do the wrong thing is ineffective and a very negative experience. Not to mention, just downloading facts does not automatically deliver behavioural change."
Senior Manager, Banking
 
 
"Training needs to be fun & interactive, interesting, genuinely useful and satisfying to complete, as well tailored to my level of knowledge & to my job role. It shouldn't take too long and longer training needs to be available in modules that are easy to keep track of with 'take away' materials to be able to refer to in future if necessary."
Quality Assurance Advisor, Local Government