Over the years, the role of compliance within many corporations has shifted from simply monitoring risks associated with potential violations of rules and laws to actively participating in forming a company’s strategic direction.

The amount of risk a company is willing to take to achieve its goals—of profitability, sustainability, and more—is increasingly including compliance risk in its calculations.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...