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ARTICLE · 15 MARCH 2018

Second compliance Truth: Organisations Need A Global Compliance Framework

When thinking about handling compliance at scale, and where possible, creating a global framework can allow the organisation to grow without limit.

GlobalCorporate/Commercial Law

When thinking about handling compliance at scale, and where possible, creating a global framework can allow the organisation to grow without limit.

This is the second part of the series 5 truths about global compliance. Read the first part here and  download the paper to read the full version. 

In 1956, the cognitive psychologist George A. Miller of Princeton University published a paper called "The Magical Number Seven, Plus or Minus Two." It became one of the most cited scientific papers of all time. Miller's idea was that the maximum number of objects a human can keep in short-term memory is seven, plus or minus two. Beyond this, the "working" category of memory struggles to retain the information. The Magic Number therefore can hold true for digits, playing cards, and potentially where golf balls are hit on a driving range.

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