Consequences of Noncompliance
Ìý
- Fines, penalties, and legal fees
- Media coverage and blemished reputation
- Imposed compliance “settlementsâ€
- More regulatory and audit agency scrutiny
- Management time and effort required to perform damage control
- Management turnover
- Lower faculty and staff morale
- Increased bureaucracy and lower efficiency
- Lingering effects …
- Guilt by association:Ìý when one of us is tarred, we all wear the feathers