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For regulated organisations, it's not as 'Easy' as contending with the market forces in this case; they also need to maintain regulatory compliance to reduce risk. For many organisations cutting training costs is generally the first course of action in difficult financial times. For the regulated market it is not so easy. Regulated organisations must constantly prove that staff members are proficient in their responsibilities, understand their roles and execute those roles in a manner consistent with corporate and regulative instruction. This paper explores the ways in which automating compliance training can help regulated organisations achieve both, a cost-effective method to aid adherence to compliance standards, a process to encourage organisational flexibility to adapt to market changes, particularly in economic hard-times.
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