Day: August 28, 2019

Categories
Trekking Through Compliance

The Science of Star Trek-The Naked Time and Warp Drive

Welcome to the Science of Star Trek, a podcast series inspired by my review of Star Trek, the Original Series in the summer podcast special series Trekking Through Compliance.In this series I am joined by Astrophysicist and  Healthcare Futurist Ben Locwin. In this podcast we consider the TOS episode The Naked Time as a starting point for the consideration of the science around the warp drive.
A landing party from the Enterprise beams aboard Psi 2000, an ancient planet about to break up. They find all six of the crew manning the station dead. Crewman Joey unwisely removes his gloves is contaminated by a red liquid. As Psi 2000 shows a shift in magnetic field and mass, the Enterprise begins a close orbit requiring constant vigilance. Unfortunately, an infected Lt. O’Reilly has turned off the warp engines. To restart the warp engines, matter and antimatter must be mixed in a controlled implosion. However, after mixing matter and antimatter at a colder than recommended temperature according to an untested intermix formula, the Enterprise is thrown into a time warp which causes the chronometer to run backwards. This allows the Enterprise to escape the breakup of the planet, returning it 71 hours into the past and therefore before any of the episode’s events took place.
Highlights include:

  1. Why must you suspend your disbelief for this episode?
  2. How would a warp drive work in practice?
  3. Why does E=MC²control this issue?
  4. What is antimatter?
  5. What is the time wise effect on high speed travel?
Categories
Daily Compliance News

August 28, 2019- the ‘Did he just say that?’ edition

In today’s edition of Daily Compliance News:
  • Former Uber engineer charged with theft of trade secrets. (NYT)
  • Deutsche Bank has Trump tax returns. (WSJ)
  • Will Perdue Pharma settle in Bankruptcy Court? (Reuters)
  • Lowe’s EVP puts big foot in wide open mouth. (WSJ)
Categories
Great Women in Compliance

Danette Joslyn-Gaul on Effective Leadership and Growing a Compliance Community

In this week’s Great Women in Compliance Podcast, Lisa interviews Danette Joslyn-Gaul, Vice President of Global Compliance and Associate General Counsel at Pearson.   This episode is also sponsored by Corporate Compliance Insights.
In April of this year, Lisa joined Pearson as the Director, Compliance for the Americas.  When Lisa learned about the role, she started researching the company, and Danette.  Danette had been shortlisted for the Women in Compliance awards, both in her individual capacity and for the compliance team.  This was one of the things that made this such a great opportunity for Lisa, and as you will hear in the podcast, it is one great example of the connections that are built in compliance teams and in the compliance community as a whole.
In particular, Danette talks about how she became interested in this compliance role while at Pearson, and how her involvement in compliance grew from a perception of compliance as primarily gifts and hospitality, to a fully-formed ethics and compliance program. She discusses one of the team’s first major initiatives – a global third-party due diligence project, and the support she received from Pearson leadership and the Board.  This project spanned the entire globe, and is a model for a due diligence initiative.
Danette is based in Atlanta, Georgia, and leads a team where many team members are in different locations or remote (and none in Atlanta).  She discusses her approach to leading this type of team, and how she helps the team to evolve and grow in a time of change within the company and global compliance challenges.
Categories
Compliance Into the Weeds

Debating the Statement on the Purpose of a Corporation

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly  and I go into the weeds to discuss our views on the Business Roundtable’s recently released Statement on the Purpose of a Corporation.
Some of the highlights include:

  • Tom believes it is an important first step to consider the various stakeholders in a business enterprise.
  • Matt has a bit more cynical view of the document.
  • Matt is concerned that the Statement does not have the force of law and indeed may be antithetical to corporate law.
  • Matt is suspicious of the timing of the Statement.
  • Tom believes it provides a playbook for both corporations and lawmakers in the debate going forward.

For additional reading see Tom’s blog post Statement on the Purpose of a Corporation and What it Means for the Compliance Professional on the FCPA Compliance Report.