COMPLIANCE IS A COMMUNITY ACTIVITY.
In any industry, regulatory rules are open to interpretation and expectations become more explicit over time, through enforcement. Regulators and industry representatives sort through experience to arrive at the best formulations for compliance. In fact, compliance is a community activity.
But, for the first generation of auto industry compliance officers springing up in dealerships across the land, there may be few peers available and scant guidelines. Many compliance professionals are the first in their role for that particular dealership.
ADCO is creating a community for in-house dealership compliance officers. This will provide the platform compliance officers need for exchanging experiences, bouncing ideas off each other, and developing best practices to guide their dealerships’ responses. Dealership compliance officers are charged with tremendous responsibilities. They provide training, assist with change management processes, and develop and maintain quality assurance programs.
The ADCO community will provide support that’s tailored to dealership cultures and pinpointed to the issues and incentives that dealerships face.
Together we will develop best practices, provide support and win recognition for the professional achievements of compliance officers.