Day: February 21, 2020

Boeing, Part 3-Creating An Accountable World

Post author By admin
Post date February 21, 2020
No Comments on Boeing, Part 3-Creating An Accountable World

We have been getting accountability all wrong in the compliance profession. It’s not a set of tasks – it’s a way of thinking and it has to come from the heart as well as the head. On Accountability: The Heart of Compliance Tom Fox and Sam Silverstein dig into what accountability means to the corporate compliance function and business organizations and most significantly, how to make it an integral part of your culture. In this episode Sam and I conclude our three-part series to considering the current disaster Boeing finds itself in from the accountability perspective and what it might do to crawl out of the deep hole it finds itself in. In this Part 3, we consider accountability to other stakeholders and what accountability means in a heavily regulated industry. Some of the highlights include:

What is the role of honor in accountability?
What are the three standards of an accountable legacy?
The role of culture is well understood in the compliance community. What is the role of accountability in creating and sustaining a great culture?

For more information on Sam Silverstein and his work on accountability, click here.

Tags Boeing

This Week in FCPA

Episode 193 – the Astros Blowback Continues edition

Post author By admin
Post date February 21, 2020
No Comments on Episode 193 – the Astros Blowback Continues edition

nbsp;
As the blowback on the Astros, MLB, Commisioner Rob Manfred continues to get worse, Jay and Tom are back to consider some of the top compliance articles and stories which caught our eye this week.

Airbus still making news. Asher Miller provides 5 key takeaways for the compliance practitioner in the FCPA Blog. Dylan Tokar reports on more follow on investigations in the WSJ Risk & Compliance Journal. Joanne Taylor joins Tom on the FCPA Compliance Report to consider the UK perspective. Tom considers the French enforcement perspective in the FCPA Compliance and Ethics Blog.
Another sentencing in the PdVSA ongoing bribery scandal. See the DOJ Press Release.
What are WOW moments in compliance? Geert Vermeulen begins a 5-part series in Risk and Compliance Platform Europe.
How do compliance officers show their worth? Dick Cassin explain in the FCPA Blog.
Is it time to rebalance your 3^rd party risk management strategy? Mike Volkov reports in Corruption Crime and Compliance. Mike writes about the importance of classifying your 3^rd parties in Navex Global’s Ethics & Compliance Matters blog.
Is the tide turning against whistleblowers? Aaron Nicodemus explores in Compliance Week. (sub req’d)
Civil damages for corruption claims? Rick Messick considers on the Global Anti-Corruption Blog.
New round of Alstom employee indictments. Dick Cassin reports in the FCPA Blog.
What is a moral hazard moment? Jeff Kaplan explains on the Conflict of Interest blog.
On the Compliance Podcast Network, Tom begins a one month look at the role of HR in compliance on 31 Days to a More Effective Compliance Program.This week saw the following offerings: Monday-succession planning and compliance; Tuesday-compliance performance appraisal review; Wednesday-Hiring a CCO: developing a job profile; Thursday-sales incentives and compliance;Friday-the exit interview. Note 31 Days to a More Effective Compliance Program now has its own iTunes channel. If you want to binge out and listen to only these episodes, click here.
Join Tom to watch Jay on the panel with other compliance experts in the Dow Jones Refining Compliance Risk event in Hosuton on Tuesday, February 25 from 10 AM to 12 PM. For information and registration click here.
Join Tom in NYC on Thursday, March 12 as Convercent is hosting an Innovation Forum from 3:30-7 PM at Sabrina. This event will allow you to network with like-minded individuals within the ethics and compliance space and hear from Thomas Fox and Philip Winterburn as well. For more information and registration click here.

Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.