Make Strategic Decisions

No matter if you're a massive distributor or the smallest VAR, it is important to hold regular strategy meetings to make decisions based on compliance and risk factors, Ledford said. Oftentimes, issues stemming from compliance get pushed to the backburner. Ledford said by having a regular, formalized meeting on the calendar, companies can make sure to keep moving compliance issues forward. Ledford suggested having each executive in the organization come up with five risk factors, then as a group the leaders can prioritize the risk and compliance issues and take action to remedy them.
"The problems actually get solved when you have leadership together and talking about this," Ledford said. "Before that, it's just a data collection process."