Day: July 30, 2019

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Jamming with Jason

Three Lines of Defense – Comments on the IIA Exposure Document

The IIA recently published an Exposure Document on the Three Lines of Defense Model. Listen to my comments and suggestions for improving the Three Lines of Defense Model and how we can improve our coordination and collaboration with other assurance groups in organizations.
To listen and for complete show notes and links to downloads, visit: http://www.jasonmefford.com/jammingwithjason/
I’m curious to hear your suggestions. Make sure to download the document (see link below) and comment below on social media to let me know what you think.
Three Lines of Defense Review & Survey Open 20 June–19 September 2019
https://global.theiia.org/about/about-internal-auditing/Pages/Three-Lines-of-Defense-Review-Exposure-Document-and-Survey.aspx
The comment period is open until 19 September 2019.

Check out more episodes and full episode videos at Jasonmefford.com, and don’t forget to subscribe on your favorite podcast platform!

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Trekking Through Compliance

Trekking Through Compliance-Episode 60 – Is There No Truth in Beauty

In this episode of Trekking Through Compliance, we consider the episode Is There No Truth in Beauty which aired on October 18, 1968, Star Date 5630.7.
Compliance Takeaways: 

  1. How to hit the ground running as a new CCO.
  2. Design thinking in compliance.
  3. As CCO, are you an enterprise leader?
Categories
Daily Compliance News

Daily Compliance News: July 30, 2019, are CEOs sociopaths edition

In today’s edition of Daily Compliance News:

  • In a provocative piece the NYT Dealbook explores a new approach to corporate governance. (NYT)
  • As a middle manager do you need stage presence? (FT)
  • Deutsche Banks even fouls about employee terminations.(FT)
  • FT OpEd says DOJ must make antitrust work for the tech era. (FT)
Categories
Innovation in Compliance

Innovation Through Showing Your Values with Alex Zlatin

On today’s episode of the Innovation in Compliance Podcast, our host Tom Fox has the pleasure of speaking with Alex Zlatin. Alex is the author of “Responsible Dental Ownership: Balancing Ethics and Business Through Purpose”, a book about how small business owners should think through the purchase of a technology upgrade.
Upgrading: is it a Must?Alex explains how a lot of technologies such as Office Suite or even Windows are coming to the end of their lives, and so many companies are starting to look into upgrading their software to the next new thing. Alex points out that although such an upgrade can be beneficial, business owners have to ask themselves: is it an absolute must? Does it fit within the company’s budget? Is there a specific deadline the company needs to meet for every software to be upgraded? He adds that it is important to evaluate all of the options and weigh the pros and cons of which software upgrade to go with.
Balancing Ethics and Business Through PurposeTom goes deeper into some points found in Alex’s book, and asks, what are the necessary tools for operating a successful practice? Coming from a business background, Alex shares how a lot of his experience actually revolves around the dental world: a lot of dentists have so much experience in their profession, but they don’t have the experience in the business aspects of their practice – HR, being a landlord, and customer service to name a few. Alex also points out that as a corporate leader, you have to find your company’s purpose and then, make your entire business revolve around that purpose once you do.
An Open Letter to the Industry Alex explains how every week, he and his marketing team have a brainstorming meeting, and during one of these meetings, they had the idea to share their values with the world via a letter, or as he puts it, “scream out who they are, what they represent and why they do what they do.” He adds that the reason they decided to do it was to build trust with their clients. In order to build a relationship you have to show vulnerability, and that’s what they tried to do.
ResourcesAlex Zlatin Responsible Dental Ownership: Balancing Ethics and Business Through Purpose
Categories
PHorensically Speaking

PHorensically Speaking-Episode 8: Crisis Management

Some of the biggest mistakes made when handling a crisis are not dealing with the problem head on, thoughtless or insincere comments, lack of communication with stakeholders, unprepared spokespeople, getting defensive after receiving backlash, or, sitting back and letting the problem grow. Domino’s, Sony, Samsung, BP, United Airlines, Equifax, KFC, are all good examples of companies who stumbled with crisis management.  Organizations should study these crises and learn from the mistakes!  In this podcast Jonathan Marks provides an overview of crisis management and its elements – prepare, respond, contain, recover, and remediate. He also discusses the board of directors role.