Amanda and Cailyn discuss how compliance actually SAVES your company money, and the traits that a Chief Compliance Officer of the FUTURE must have.
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In the compliance world, consistency is one of the keys to a successful compliance program. One of those areas where consistency is mandated is in contracting. Having consistency in the compliance terms and conditions of any contract is a critical aspect of the compliance professional. While there will certainly be negotiation over a wide variety of terms and conditions, from the financial and payment terms, to the operational terms, to the legal terms, companies need consistency with their compliance terms and conditions. This is particularly true given the paucity of compliance terms which should be put in place.
For the compliance professional this means that less may well slip through the cracks and you will not be in an after the fact position of finding out that your agent or distributor in a high-risk venue does not have an audit clause.
Three Key Takeaways:
Welcome to a special series of Trekking Through Compliance, the podcast series inspired by my review of Star Trek, the Original Series. In this special series I am joined by another uber Star Trek maven, Megan Dougherty, co-founder of One Stone Creative. In this series we will review the new television show Picardwhich is currently streaming on CBS.
SPOILER ALERT-Although we will review each episode after it appears, we will discuss each episode in depth.
Episode 6, The Impossible Box. Soji is experiencing a recurring dream of her childhood. Narek believes that exploring her dream will reveal the location of her homeworld. Aboard La Sirena, Jurati tells Picard Maddox died as a result of his injuries on Freecloud. Raffi persuades a Starfleet contact to issue Picard temporary diplomatic credentials, so the Romulans will let him visit the Artifact and meet with Hugh. Narek continues sowing seeds of doubt with Soji about her identity; she scans her belongings and is shaken to find that none of them are older than 37 months. Narek helps her meditate to explore her dream, while his sister is secretly monitoring the room. In the dream, Soji sees herself as a doll; when she looks up, she sees two red moons and a stormy sky. That is enough for Narek and his sister to start looking for her planet. Narek tries to kill Soji, but she escapes and meets Picard and Hugh. Hugh takes Picard and Soji to an emergency long-distance transportation device, allowing them to escape the Artifact. Romulan guards try to stop them, but Elnor appears and kills them, before staying behind with Hugh to hold off the pursuers.
Highlights, speculations and questions include:
In today’s edition of Daily Compliance News:
· Malaysia names new anti-corruption head. (Bloomberg)
· Former Wuhan official charged with corruption. (StraitTimes)
· SwedBank self-discloses. (WSJ)
· Boeing has new headache: coronavirus. (WSJ)
Richard Lummis is on assignment this week so I am pleased to host Alyson Van Hooser, who was recently in Houston. We sat down for a live recording about her recent LinkedIn post, “3 Gen Z Perspectives Leaders Need to Know”.
Highlights of this podcast include:
Resources
Alyson’s weekly leadership blog HERE.
If your business would benefit from higher-performing leaders, check out more information about the comprehensive leadership development training Alyson does training, HERE.
If you want to reach out to Alyson directly, email alyson@vanhooser.com.
P.S. Share and tag Alyson on social — @AlysonVanHooser
