There’s more regulatory and policy change than ever, and organisations need to comply with an unprecedented number of requirements. To do so, organisations in both the public and private sectors are making significant internal changes, in some cases completely redesigning their business and operating models. Implementing these changes has diverted money and senior management attention away from everyday work and strategic goals. As a result, the response from many organisations has been tactical or reactive. However, as the scale of regulatory change continues unabated, a new approach is required. This is best done by identifying the strategic opportunities within compliance and creating a single portfolio to deliver all change activities within the organisation.