With the onslaught of new and far-reaching regulations such as Sarbanes-Oxley, business executives and practice leaders alike are left with the overwhelming task of "becoming compliant." According to a new study published by IDC, this implies that they have a solid understanding of both the regulations' requirements and the current state and operations of their businesses.
"The fact is, the to-do list of these executives is already overwhelming, and they may have neither the resources nor the time to devote to fully exploring the ramifications of the regulations and the various approaches to pursue," said Jessica Goepfert, director, U.S. Vertical Market Research. "Yet, taking action without being fully armed with knowledge should be a frightening prospect."
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