Day: December 22, 2020

Cost Issues Around Monitorships

Post author By admin
Post date December 22, 2020
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In this episode, I am joined by Jay Rosen, the Vice President of Business Development and Monitoring Specialist at Affiliated Monitors, Inc. In this episode, we look at cost issues when hiring a monitor and how a company can work to ameliorate them. Some of the highlights from this podcast include:

What will be the overall scope of the monitorship?
What will be the frequency of engagement by the monitor?
What will be the duration of the monitorship?
What is the experience of the monitor and how does that play into overall costs?
How you can work through cost control issues by using a robust monitor’s Workplan?
How selective sampling is a powerful tool and why it can be a cost-saving measure.

For additional reading see Jay Rosen’s article How Much Will a Corporate Monitorship Cost? on Corporate Compliance Insights.
For more information on Affiliated Monitors, Inc. visit their website here.

Tags cost issues, monitors

The Compliance Life

The Compliance Life-Kim Yapchai, Make Tomorrow Better (and have some fun)

Post author By admin
Post date December 22, 2020
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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 Kim Yapchai, the Chief Counsel – Environmental, Social & Governance at Tenneco Inc. This encompasses both compliance and sustainability.
Kim calls herself a “businessperson with a law degree” and she has had a distinguished career in the in-house world. She held in-house positions at Ford Motor Credit Company and Masco before moving to Whirlpool to become the company’s first Chief Compliance Officer. From there she moved to Tenneco to the CCO chair and then into her current role. Further, she is the company’s first Chief Sustainability Officer. In this role, she is working to improve transparency of information shared with stakeholders, set goals, and promote the use of that information by investors, customers, and others. Kim has received numerous awards include the prestigious Top Minds in Compliance Award from Compliance Week.
In this fourth and final episode, Kim discusses receiving the designation of Chief Sustainability Officer and how that intersects with her role as CCO. We conclude with a look at where the risk management professional and risk management profession might be in 2030 and beyond. Finally, in her role as Chief Sustainability Officer, Kim wants to work to “Make Tomorrow Better”.

Tags Kim Yapchai, sustainability

Jamming with Jason

Real World Intentional Living with Sean Rosensteel

Post author By Jamming with Jason
Post date December 22, 2020
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In this #jammingwithjason #internalauditpodcast I take a little break from the technical and professional aspects of our career to talk with my friend Sean Rosensteel about being more intentional in our living.
Many people put their head down and focus completely on only one or two aspects of their life and wake up years later wondering what happened.
It’s like going through school and only focusing on one or two subjects and come report card time realizing we failed our other courses. The problem is in the real world “failing courses” can often mean losing relationships, stress and regret.
Being intentional in our lives allows us to consider what really matters most at this point in your life, doing regular check-ins, course correcting, and finding lifelong learning opportunities and communities of like minded people in all aspects of our life.
If you’re the kind of person who wants to get the most out of life by being intentional and living a wholistic full life, then this episode is for you.
To get a free copy of Sean’s book “The School of Intentional Living” visit his website: https://www.seanrosensteel.com/

Tags CAE, chief audit executive, chief internal auditor, head of internal audit, internal audit, internal audit podcast, internal audit training, internal auditor, jamming with jason, jason mefford

Jamming with Jason

Control any Conversation in a Remote Work Environment

Post author By Jamming with Jason
Post date December 22, 2020
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Have you had a conversation this last month that just didn’t go the way you expected??? If you’re like most people I’m sure you have. Might have been at work, might have been in your personal life … and I’m guessing with the holidays coming there are some conversations you aren’t looking forward to with family, friends, or maybe that staff member you need to deliver a difficult message to about their performance.
In this #jammingwithjason #internalauditpodcast I share how you can control any conversation, get people to take action, and make quicker, better decisions.
Listen to the entire episode at: http://www.jasonmefford.com/jammingwithjason/
Imagine how much more confidence you will have when you know exactly what to say and do so you can control any conversation … even in a remote work environment. When you are ready, join us in the Briefing Leadership Program at: https://jasonmefford.mykajabi.com/caebriefing
Registration ends on Tuesday, 22 December so make sure to get in before the doors close.

Tags CAE, chief audit executive, chief internal auditor, head of internal audit, internal audit, internal audit podcast, internal audit training, internal auditor, jamming with jason, jason mefford

12 O’Clock High-a podcast on business leadership

Crucibles of Leadership

In this episode of 12 O’Clock High, a podcast on business leadership, Richard Lummis and myself consider how leaders grew and evolved during crucible crisis in their professional careers. This podcast is based on the Harvard Business Review article, Crucibles of Leadership by Warren Bennis and Robert J. Thomas, where the authors posited that “a crucible is, by definition, a transformative experience through which an individual comes to a new or an altered sense of identity. It can often involve the experience of prejudice, as “it forces an individual to confront a distorted picture of him- or herself, and it often unleashes profound feelings of anger, bewilderment, and even withdrawal. For all its trauma, however, the experience of prejudice is for some a clarifying event. Through it, they gain a clearer vision of who they are, the role they play, and their place in the world.”
The key is how individuals deal with such or even any similar adversity. You can and indeed must learn from negative events. This is not simply learning from your mistakes but forces you into a deep self-reflection where you examine a wide set of core beliefs, including your own judgment. A successful leader will emerge from such a personal trauma stronger, more confident, with more purpose and indeed more committed to your values and work.
Some of the highlights include: