The Compliance Life details the journey to and in the role of a Chief Compliance Officer. How does one come to sit in the CCO chair? What are some of the skills a CCO needs to success navigate the compliance waters in any company? What are some of the top challenges CCOs have faced and how did they meet them? These questions and many others will be explored in this new podcast series. Over four episodes each month on The Compliance Life, I visit with one current or former CCO to explore their journey to the CCO chair. This month, my guest is Louis Sapirman, Vice President, Chief Ethics & Compliance Officer and Chief Compliance Counsel for Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. He oversees the company’s regulatory and compliance function, maintaining a culture of ethics, and ensuring all employees are upholding Panasonic’s longstanding values in their work.
Louis previously served as Associate General Counsel & Chief Compliance Officer for the Dun & Bradstreet Corporation. During his tenure as CCO, the company was recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute. Prior to moving in-house, Louis worked in private practice with several law firms including Wilmer Cutler Pickering Hale & Dorr and Buchanan Ingersoll. Throughout his career, Louis has been recognized for his work. In both 2015 and 2016, the Ethisphere Institute named him to their list of Attorneys Who Matter in Compliance and Ethics, and in 2010 he was named International Employment Lawyer of the Year by the Association of Corporate Counsel.
In this first episode, we consider Louis’ personal and professional journey into the field of compliance. We get to know Sapirman through his family and why he is so passionate about compliance, institutional justice and institutional fairness. We learn about two experiences growing up that helped informed his views on diversity and the wider world. He talks about his experience as a member of a service fraternity in college and then moves into his professional career. His legal work as a Generalist into Employment Attorney, moving to Employment and Litigation work at D&B and then revamping the investigations process at D&B.
Day: August 4, 2020
Categories
Episode 021-Charles Green
On this episode of The Ethics Experts, Nick speaks with Charles Green about what TRUST in a company really means.
Check out more episodes, and don’t forget to subscribe on your favorite podcast platform!
Welcome to the newest addition to the Compliance Podcast Network, Compliance and Coronavirus. In this episode, I visit with Maurice Gilbert, of Conselium Compliance Search. We discuss the compliance hiring scene during the time of Coronavirus from both the company and candidate perspective.
Some of the highlights include:
- The time of Coronavirus and economic downturn has put more challenges in front of compliance professionals. In terms of the CCO and CO hiring process what has this meant?
- How has time of Coronavirus changed a company’s approach to hiring?
- For anyone in the compliance field, what should they be thinking about now in terms of employability? What if anything should they be doing? Has the skillset needed for a CCO changed?
- How has social media changed the compliance hiring process?
For more information on Conselium Compliance Search, click here.
Dr. Gleb Tsipursky is an expert in the field of disaster avoidance. He joins Tom Fox on this week’s show to talk about his work, including how he helps leaders avoid decisions that lead to disaster.
Avoiding Disaster
“Avoiding a disaster is always preferable to recovering from it. So I believe to avoid disaster we have to understand where disasters come from. There are only two things that lead to disasters, and they both come from our decisions,” says Gleb. “…One is an active decision where we make a decision ourselves that leads to a pretty disastrous situation… The other type of disaster comes from when we fail to make a decision that we need to make to avoid a disaster.” Glen says that his mission is to help leaders recognize and overcome the cognitive biases that lead them into making disastrous decisions. These cognitive biases are the decision-making patterns that we fall into because of how our brain is wired, he points out. Our instincts are not wired for the modern environment.
Magical Thinking
Tom asks Gleb to describe the top three judgment errors – ‘magical thinking’ – leaders make that lead to disaster. Gleb responds that these are:
- Overconfidence bias – research shows that the more confidence a leader exhibits, the worse their business performs. “When we should be confident is after we make a very carefully considered, data-driven, informed evaluation and then implement that decision,” he says.
- Sunken cost bias – leaders tend to stick with a plan even when evidence shows it isn’t working, and they should pivot.
- Confirmation bias – looking at the world in a way that confirms their beliefs, instead of letting evidence inform their vision.
Stakeholder Engagement
Gleb outlines three social intelligence methods leaders should employ to achieve their leadership goals. These are empathetic listening, rapport building, and curious questioning. These skills will help leaders influence and engage stakeholders. “People are not nearly aware of how much their emotions drive them,” he comments. He emphasizes that the essence of leadership is stakeholder engagement. He and Tom discuss helping leaders fight unconscious biases in their organizations. He shares practical ways leaders can overcome tribalism personally and within their businesses.
Resources
DisasterAvoidanceExperts.com
Free video modules: Wise Decision Making Guide
Never Go With Your Gut: How Pioneering Leaders Make the Best Decisions and Avoid Business Disasters
The Blindspots Between Us: How to Overcome Unconscious Bias and Build Better Relationships
In today’s edition of Daily Compliance News:
- Clyde & Co in the crosshairs? (The Guardian)
- Planning for the real apocalypse. (FT)
- Can the oil patch lead climate change? (Hosuton Chronicle)
- Will Trump’s corruption lead to his defeat? (WaPo)
Internal audit reports have been written the same for decades, and honestly are usually very boring and don’t meet our organization’s needs. In this episode I talk with Tracie Marquart about action oriented recommendations, improving report writing to consider the end of the value chain, seeing the big picture, linking our work to assurance over key objectives, and how to make our reporting more collaborative.
Listen in at: http://www.jasonmefford.com/jammingwithjason/
Tracie Marquardt is Europes leading audit communication consultant, and I am so honored to have her on #jammingwithjason #internalauditpodcast.
Learn more about Tracie at https://www.traciemarquardt.com/ and https://qacommunication.com/ or email her at: tracie@qacommunication.com
#internalaudit
