How can compliance teams lead the fight against human trafficking? Tom Fox and Philip Winterburn connect with Gwen Hassan, a compliance leader and legal counsel with over 20 years of experience at multinational corporations. Gwen is passionate about fighting human trafficking in our corporate supply chains, and shares her insight and experience on this episode of The Ethics Movement.
Day: May 25, 2021
In this episode, we cover Luokong’s temporary injunctive relief ruling and go over an update on the EU Dual Use Items regulation.
In this special episode, Compliance Evangelist Thomas Fox sits in an engaging and value-packed discussion with Hui Chen, former compliance consultant to the U.S. Department of Justice’s Fraud Section and now chief integrity officer for the Hawaii Attorney General’s office.
KEY TAKEAWAYS:
✔️ Hui advocates the need for a very interdisciplinary approach to compliance. Practitioners should become open to learning about social sciences and quantitative and qualitative studies, scientific methods, understanding how research is done, evaluating research outcomes, and evaluating the application of research.
✔️ Realize that people don’t govern their daily lives by reading the codes and the regulationsbut with processes and behaviors, and that’s what should be focused on by using a behavioral-based approach. Give the organization reason, opportunities, or motivations to NOT engage in the behavior you don’t want them to do.
✔️ What differentiates compliance officers is their knowledge and familiarity with the business. It is required to be versatile in understanding every function in the organization and working with them. Compliance professionals need to develop those skill sets to appreciate and understand and measure and be part of what the business does in all of those aspects.
✔️ How do we measure that outcome? By going back to define what you are doing this for, if you do it successfully, what success looks like, and try to find measurements for that, that is important because that goes to whether we have all been wasting our time not with the compliance programs.
Hui is an internationally renowned leader in ethics and compliance. She regularly consults with companies as well as regulatory and enforcement authorities around the world, advising them on the design, implementation, and assessment of ethics & compliance programs. Hui is also a thought leader who collaborates with leading academic researchers and publishes regularly in business and academic journals.
Chen did this interview entirely in her personal capacity and nothing she said should be attributed to her office.
Connect with Hui Chen
Website: www.HuiChenEthics.com
Twitter @HuiChenEthics
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The “Nuts and Bolts” for Creating a Comprehensive Compliance Plan
This chapter of this unique work lays out a succinct yet thorough one month approach to operationalizing a company’s compliance regimen. Beginning with a section on what 2020 brought to the compliance landscape, each chapter methodically outlines best practices for everything from establishing policies, procedures, and internal controls, to assessing risk, training, handling investigations, and more. Each day ends with three key takeaways you can implement at little or no cost.
Understanding Compliance Responsibility Across the Organization
The Compliance Handbook also takes a close look at all professionals’ roles with compliance responsibility, from Compliance Officers and Boards of Directors to Human Resources, to Internal Audit and Internal Controls and Communications and Training professionals.
In-Depth Treatment of Hot Topics and Trends
The Handbook provides an in-depth look at the latest thinking and trends for the full range of critical compliance topics, including:
- Compliance and business ventures
- Third-party risk management
- The Board’s Role in Compliance
- Continuous improvement
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- And much more.
Incorporating Current Government Pronouncements
The Second Edition incorporates the most current government pronouncements governing best practices compliance programs, including the 2019 Evaluation of Corporate Compliance Programs released by the Fraud Section of the Department of Justice, and its 2020 Update; the updated FCPA Resource Guide 2nd edition; the Framework for OFAC Compliance Commitments; and the 2019 DOJ Antitrust Division’s Evaluation of Corporate Compliance Programs in Criminal Antitrust.
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Zach Moreno and Rockwell Felder are the co-founders of SquadCast. Their company’s mission is to make it easier for their clients and their clients’ guests to have meaningful conversations while offering the best quality in remote locations. Zach is a podcaster, an author, a developer, a designer, and an artist. Rockwell is a CPA and an entrepreneur. Zach and Rockwell join Tom Fox on this week’s episode to talk about collaboration, the podcast industry, and the ways Squadcast helps its clients.
Origins of Squadcast
Squadcast was founded to fix the problem of poor quality technology within the podcast community. Zach and Rockwell tell Tom how they started the company: “When [Zach] approached me with this idea…I was really ready and the fact that it was rooted at this intersection of podcasting and remote collaboration, which he and I think we’re very fortunate to be exposed to early on in our career,” Rockwell says. Building a product that helps creators collaborate in a high-quality manner just made sense to him and Zach.
Growth & Viral Cycle Time
Tom asks how Squadcast has grown. In response, Zach brings up the concept of “viral cycle time.” This metric looks at the technology a podcaster uses, and how quickly they invite someone to collaborate with them on that platform or technology. “For Squadcast, the magic really comes from inviting a guest, connecting with them and recording together and having a flowing dialogue where the technology just kind of fades into the background,” Zach says. The biggest element of Squadcast’s growth comes from other people collaborating and experiencing the platform for themselves.
The Podcast Community
The podcast community is beautiful and welcoming, Zach emphasizes. He tells Tom that when he and Rockwell first launched, they were welcomed with open arms. “The community was so open and welcoming to Squadcast and us as new individuals and that is something that was magical that first time… and also something that we’ve continued to experience,” he says. It is a community of support, and where the creators of podcast shows are all collaborating with each other. “Amongst the content side of things, it’s very open and very collaborative, and I think that’s something that’s pretty unique to podcasting.”
What’s Next
Zach tells Tom that he’s most excited about expanding Squadcast’s team. Hiring different team members and establishing a larger organization is a big focus for this year, he remarks. Maximizing their opportunities in software engineering, marketing, and sales is another venture as well, Zach says. Squadcast will also be launching a new product category called Remote Content Production, which is a foundation that applications will be built on. Another major release from Squadcast also on the way will be its collaboration with Dolby.
Resources
Zach Moreno | LinkedIn | Twitter
Rockwell Felder | LinkedIn | Twitter
Squadcast
How do you assess the value of learning opportunities? Perhaps you may look at it as a cost per hour type of expenditure.
Well in today’s episode I’m here to discuss how that is a flawed mindset and in what ways one should be looking at the various opportunities that are out there.
Listen in at: http://www.jasonmefford.com/jammingwithjason/
