The first order of business after Spring Break and St. Patrick’s Day is to email your co-workers about the annual NCAA basketball tournament bracket. Company employees will take five minutes to fill out their bracket, playing for a cash prize or bragging rights, and then spend countless hours during the work day watching basketball streaming on their work computers. This year, as companies are revising their compliance programs to try to ensure a risk-based approach to compliance, the NCAA tournament presents a monumental opportunity. Instead of hiring some costly third party to assist in this effort, the NCAA tournament presents a free way to conduct an internal compliance assessment by creating a compliance risk assessment bracket in the style of the ones used leading up to the Final Four.
Here is an esample:
