In this podcast, Jesse Caplan, Amy Fogelman, M.D and Deb Waugh explore the medical, legal and compliance challenges faced by practitioners and healthcare organizations in prescribing opioids for chronic pain during the COVID-19 pandemic. We will be looking at these challenges from three different perspectives – from a physician who is an expert in opioid prescribing standard of care; from a licensed clinical social worker who has designed and conducted hundreds of physician competency evaluations and training programs; and from an attorney who has represented healthcare organizations and healthcare regulatory agencies.
Day: July 23, 2020
Welcome to the newest addition to the Compliance Podcast Network, Compliance and Coronavirus. In this episode, I visit Sam Abadir, Director of Industry Solutions at Navex Global and Carrie Penman, Chief Risk and Compliance Officer at Navex Global. They recently co-authored the article 6 Tips to Go From Disaster Recovery to Business Continuity Planning. I recently caught up with them to ask them about their article and how companies can better plan for identifying risks that can lead to disasters.
Some of the highlights include:
- What is the difference in disaster recovery v. business continuity?
- Why is that important in this phase of the reopening?
- What are six ways companies can shift to from planning for when a disaster strikes to identifying risks that can lead to disasters?
For me information and great articles check out Navex Global’s Risk and Compliance Matters
At some point, you will be required to terminate a third-party and there will be multiple legal, compliance and business issues to navigate through. If you are stuck doing it in the middle of a FCPA or U.K. Bribery Act investigation, there may well be some tension to do so and do so quickly. If you have not thought through this issue and created a process to follow before a crisis occurs, you may well be in for a very tough road. Yet the 2020 Update specifically asked that question in the section entitled Real Actions and Consequences, when it posed the query Has a similar third party been suspended, terminated, or audited as a result of compliance issues?
Although rarely considered, the termination of a third-party relationship can be as important a step as any other in the management of the third-party lifecycle. While having the contractual right to terminate is a good starting point, it is only the starting point. You not only need to have a compliance and legal plan in place but a business plan as well. If you do not, the cost in both monetary and potential business reputation can be quite high.
Three key takeaways:
- Termination of third-parties is an oft-neglected part of the third-party risk management process.
- Make certain you have the contractual right to terminate third-parties written into your compliance terms and conditions.
- Have a strategy in place for termination before a crisis arises.
Richard Lummis and Tom Fox continue their a five-part series on leadership lessons from Theodore Roosevelt. We will look at lessons from Roosevelt’s early years in New York up to his cowboying days in Montana; the second phase of his public career, from NYC Police Commission to Assistant Secretary of the Navy, San Juan Hill and the Vice Presidency; his leadership from his Presidency; his life in the post-Presidency and the election of 1912 and we will end with leadership lessons from his post Bull Moose Party life, World War I and event surrounding his death. In this third episode, we consider the leadership lessons learned by Roosevelt in his ascension to the Presidency and his first and second terms as 26th President.
Highlights of this podcast include:
Roosevelt’s ascension to the Presidency after the assassination of President McKinley; his domestic policies including: trust busting, issues with railroads, starting the American conservation movement and regulation of food and drugs. We then turn to foreign policy and his arbitration of the Russo-Japanese War which won him the Nobel Prize, the Roosevelt Corollary to Monroe Doctrine and construction of the Panama Canal. We look at the clection of 1904 and his second term. We conclude with three key leadership lessons: 1. Surround yourself with other leaders; 2. Maintain an Open Channel with Adversaries; and 3. Be able to take criticism.
Resources
Doris Kearns Goodwin’s 10 Leadership Lessons from the White House
6 Leadership Hacks From The Rise of Theodore Roosevelt
10 top Leadership Principles of Teddy Roosevelt
The Roosevelts: Eight presidential lessons in leadership
Lessons in Leadership from 100 years ago
Theodore Roosevelt on Leadership
10 Theodore Roosevelt Leadership Lessons
