IT Governance

Why Work Performance Goals Must Accommodate Compliance

Listen to this article – 3:05 minutes

Work performance goals often conflict with various components of the business framework. Many firms consider performance goals an extension of compliance. However, both are distinct in their definitions. Compliance is termed a functional requirement, whereas performance is a non-functional requirement. How do you meet both objectives? Most governance experts believe that you can do so by following specific business outlines. In one of their articles, O’Reilly Media shares how work performance objectives should accommodate compliance.

How to Balance Work Performance Goals and Compliance

Define Your Work Performance Goals

It is crucial to understand the goal of your business, analyze it, and determine your expectations. Visibility into your performance in meeting those business goals is critical for constructing metrics and reporting requirements.

Acknowledge Limitations

When you decide on your work performance goals, focus on acknowledging business limitations. Organizational constraints can be classified as below:

  1. Business limitations – Attend to these with additional processing and should be incorporated into the framework of the firm.
  2. Regulatory and compliance constraints – Deal with them in a synchronized decision-making process.

Design Your Work Performance Goals

Prioritize your performance objectives when you focus on system development. Some of the ways to do so are by asynchronous logging and caching of user characteristics and data sharing.

Measure and Test Performance

Measuring and testing your performance helps you enhance your business accuracy. Implement a workload characterization model that can improve performance expectations. Estimating your business growth by specific metrics can promote a better structure for business goals.

Regulate Work Performance Goals

Modern businesses have become an intricate combination of organizational components. Various business elements flow into and derive from each other. You should begin using application performance monitoring that can better estimate response time and other firm metrics.

Prevent Risks

Make a list of possible business risks. Some of them are:

  1. Business impact
  2. Regulatory impact
  3. Financial impact
  4. Applications supporting various lines of business
  5. Applications categorized as a business necessity
  6. Applications supporting contractual SLAs
  7. User population
  8. Applications facilitating particular users
  9. High rate of growth
  10. Transaction strength
  11. Flash occurrence

You can also implement several development methodology considerations to understand compliance requirements better. Some of them are:

  1. Waterfall
  2. Iterative development

Click on the link to read the original article:

https://www.oreilly.com/library/view/compliance-at-speed/9781492029663/ch04.html

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