Companies have to implement a robust policy management program.  In today's risky environment, companies should automate a robust policy management program that requires regular review, assessment and updating of policies and procedures.  A policy management program should be created consisting of key constituencies to ensure that policies and procedures are current, effective, and appropriately tailored to the company's risk profile.

In this episode, Michael Volkov outlines considerations in establishing and implementing a robust policy and procedures management program.