What cycle is part of continuous improvement as per compliance practices?

The correct answer is the cycle known as "Plan, Do, Check, Act." This framework, often referred to as the PDCA cycle, is a fundamental component of continuous improvement in various fields, including compliance practices. It emphasizes an iterative process where organizations can develop their systems, implement them, monitor their performance, and make necessary adjustments to enhance effectiveness and achieve compliance goals.

• In the "Plan" phase, compliance teams identify areas for improvement and establish objectives and processes necessary to deliver results.

• The "Do" phase involves implementing the planned activities or changes.

• In the "Check" phase, organizations assess the outcomes of their actions against the expected results to identify gaps or issues.

• The final phase, "Act," focuses on making adjustments based on the findings from the Check phase, ensuring that improvements can be effectively integrated into existing practices.

This cycle is essential for continuously evolving compliance practices and ensuring that organizations are not just meeting regulatory requirements but are also enhancing their overall operational effectiveness.