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Culture Crafters

Culture Crafters – Continual Culture Assessments

Seeing the regulators catch up to the business world is always interesting. That is what has happened to corporate culture. The Department of Justice is now assessing the corporate culture of any company under investigation. Rather than simply complying with this mandate, companies should strive to foster their best culture. The reason is deceptively simple: the better the culture, the better the company. However, many business executives and even compliance professionals do not know how to craft a culture that allows your employees and your organization to implement such strategies. How can you unlock the power of a thriving workplace culture?

In this podcast series, Sam Silverstein, the most trusted voice in America on accountability, and Tom Fox, the Voice of Compliance, discuss ways companies can elevate their culture to new heights. They discuss the power of continual assessments.

The importance of culture within organizations cannot be overstated; it serves as the backbone for organizational success and growth. Leadership’s power in shaping an organization’s culture requires leaders to live by the values they preach and ensure these values are mirrored in their actions. The existing culture should be continuously assessed through tools like culture audits. Achievements tied to the organization’s unique culture should also be celebrated.

Sam highlights that while all organizations have the potential to build a great culture, successful implementation depends mainly on leadership. He believes a strong, people-centric organizational culture can drive long-term success and growth. He urges the ongoing examination and enhancement of culture to foster a positive, high-performance work environment.

Key Highlights:

  • Cohesive Work Environment for Organizational Success
  • Cultural Audits for Organizational Success
  • The Need for Recognizing Workplace Success and Growth

Resources:

Sam Silverstein

Sam Silverstein on LinkedIn

Sam Silverstein

The Culture Audit™

Tom Fox

Instagram

Facebook

YouTube

Twitter

LinkedIn

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Compliance Tip of the Day

Compliance Tip of the Day: Key Investigative Challenges

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In this episode, we discuss some key challenges you will face in an investigation.

Click here for more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance.

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Daily Compliance News

Daily Compliance News: March 28, 2024 – The Say It Ain’t So Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen in to the Daily Compliance News. All from the Compliance Podcast Network.

Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

In today’s edition of Daily Compliance News:

  • Shohei Ohtani denies any knowledge of his translator’s gambling. (WSJ)
  • Luxury apartments are targeted by the DOJ. (WSJ)
  • Crypto-exchange KuCoin faced money-laundering charges.  (WSJ)
  • More Chinese companies are to be added to the banned list. (WSJ)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Pawtastic Friends - The Paw Talk

Pawtastic Friends: The Paw Talk – Denver, Goose and Camacho

Welcome to Pawtastic Friends: The Paw Talk. In this podcast, host Tom Fox will visit with Michael and Melissa Novelli, co-founders of Pawtastic Friends, as well as those who work with them at Pawtastic Friends. Michael and Melissa are dedicated to helping shelter and rescue dogs in the Las Vegas area become more adaptable through enrichment training and activities such as yoga and aquatics training, as well as obedience and agility. This podcast is sure to tug on your heartstrings; just listen to how sweet this one dog is! Tune in now to hear more from Michael and Melissa Novelli as they discuss their passion for helping pups in need. Get ready for an exciting episode of Pawtastic Friends: The Paw Talk!

In this episode, we feature Denver, Goose, and Camacho.

Michael Novelli and Melissa Novelli are dedicated advocates for rescue dogs, taking an active role in their selection and adoption processes.

Michael emphasizes the importance of meet and greets in selecting rescue dogs for adoption, believing it sets the dogs up for success in their new homes and encourages a strong bond with their adopters. His experiences working with rescue dogs like Camacho have highlighted the significance of positive interactions and support from the community.

Meanwhile, Melissa’s perspective centers on finding the ideal home for each rescue dog, considering their energy level, activity preferences, and compatibility with children or other animals. Her work with dogs like Denver, a family-friendly pit mix, and Goose, an energetic and playful dog, has demonstrated her commitment to improving the well-being of sheltered animals.

Together, they champion volunteering at shelters and the boarding buddy program to boost the socialization and enrichment of rescue dogs, increasing their chances of securing a loving forever home.

Quotes:

“His disposition, even though it sounds like he’s had a lot that he’s went through, his personality. He’s so loving.” – Mellissa Novelli

“Getting the dogs out gives them a chance to be a dog.” – Michael Novelli

Resources:

Pawtastic Friends

Donate to Pawtastic Friends

Vote for Pawtastic Friends at Wreaths of Hope

Pawtastic Friends on Instagram

Pawtastic Friends on Facebook

Categories
Life with GDPR

Life With GDPR: NIS2 Balancing Obligations and Challenges for Compliance

Tom Fox and Jonathan Armstrong, renowned experts in cyber security, co-host the award-winning Life with GDPR. Today we consider the NIS2 Directive, which is the EU-wide legislation on cybersecurity. It provides legal measures to boost the overall level of cybersecurity in the EU.

Cybersecurity regulations are reshaping the landscape, demanding swift action and accountability from organizations and individuals. The NIS2 Directive tightens reporting deadlines, putting pressure on organizations to comply with cybersecurity incidents. This means that organizations need to be prepared to act quickly and efficiently in the event of a cyber incident to avoid penalties and maintain trust with their stakeholders. Management faces increased personal liability under the NIS 2 Directive, highlighting the need for proactive cybersecurity measures. This emphasizes the importance of implementing strong cybersecurity protocols and staying ahead of potential threats to protect both the organization and individual leaders from legal and financial repercussions.

Regulatory bodies advocate for a shift towards prevention in cybersecurity to combat rising cyber threats. This shift in focus underscores the importance of investing in proactive cybersecurity measures rather than simply reacting to incidents after they occur, ultimately leading to a more secure and resilient digital environment. Join Tom Fox and Jonathan Armstrong as they delve deeper into this topic on this episode of the Life with GDPR podcast.

 Key Takeaways:

  • NIS Two Directive: Stricter Reporting and Jurisdiction
  • NIS Two Directive: Management’s Cybersecurity Liability
  • Operational Resilience: Proactive Cybersecurity Measures

Resources:

Connect with Tom Fox

Instagram

Facebook

YouTube

Twitter

LinkedIn

Connect with Jonathan Armstrong

Twitter

LinkedIn

Categories
It's art

It’s art, let’s talk about it – Brandon Bailey on Shaping Art Through Personal Experiences

The Museum of Western Art is dedicated to excellence in collecting, preserving, and promoting Western Heritage and our diverse audiences’ education and cultural enrichment. The Museum serves as a bridge between the past and the present, ensuring that the legacy of the American West will be preserved for the future. Western Art is as engaging and important as ever. In this podcast series, Museum Executive Director Darrell Beauchamp visits with the artists who work in this Western heritage to talk about their work, the legacy of Western Art, and why talking about it is so important today. In this episode, Darrell visits a member of the Cowboy Artists of America, Brandon Bailey.

Brandon Bailey, a Cowboy Artist of America member with over 16 years of professional artistry, is known for his focus on Russian impressionism. He has received recognition from numerous esteemed figures in the art world. Moreover, he has participated in significant exhibitions and programs and leverages his social media presence to share his artistic journey. Bailey’s perspective on his membership in the Cowboy Artist of America stems from a transformative journey that required hard work, dedication, and sacrifice. He values the opportunities provided by the organization, such as scholarships and mentorships, that have fostered his growth as an artist. Additionally, rather than concentrating solely on personal success, Bailey emphasizes adherence to the mission and vision of the Cowboy Artist of America, reflecting his profound respect for the traditions and values of the cowboy art community.

Highlights Include:

  • Preserving Western Art Tradition Through Prestigious Membership
  • Elevating Artistic Excellence Through Community Support
  • Balanced Artistic Collaborations for Business Success
  • Artist-Led Workshops Inspiring Creativity and Growth
  • Preserving Western Art Through Educational Initiatives
  • Quality Over Quantity in Artistic Legacy
  • Museum Exhibitions: Showcasing Talent and Perseverance

Resources

Museum of Western Art

Darrell Beauchamp on LinkedIn

Brandon Bailey Fine Art

Categories
Blog

Sustaining Culture: Continually Improve Company Culture

What’s measured is treasured. If it is important, you want to know what is going on and improve on it. And it’s data; it’s factual. And so right away, we know what to do, and we can see the improvements we’re making because we can measure and improve them. Sam Silverstein.

I am in the middle of premiering a new podcast series, Culture Crafters, on the Compliance Podcast Network. In this series, together with Sam Silverstein, we are taking a deep dive into corporate culture: how to measure it, assess it, monitor it, and improve it. Through this exploration, we have uncovered the surprising truth behind sustained success in company culture. We have taken a deep dive into maintaining a high-performing culture that attracts and retains top talent. We have discussed the often overlooked strategy that propels companies to celebrate every win, big or small, and compound their growth year after year. Today, we continue our journey by considering why you should continuously audit and assess your culture to improve it.

Achieving and sustaining a great culture within organizations is foundational to long-term success. It involves creating an environment where individuals feel valued and motivated to contribute meaningfully towards shared goals. This process starts with leadership setting the tone by exemplifying behaviors prioritizing people’s well-being and professional growth. Leaders can inspire employees to engage fully and commit to the organization’s vision by fostering a culture of trust, respect, and open communication. Consistently reinforcing core values and recognizing contributions are key components in nurturing a positive culture that endures challenges and fosters innovation.

Regular culture audits are essential for organizations seeking to understand and improve their cultural dynamics. These assessments provide a baseline for measuring progress and identifying areas for growth. By gathering data on employee perceptions, engagement levels, and alignment with organizational values, companies can pinpoint strengths and weaknesses within their culture. This information allows leaders to tailor interventions, policies, and initiatives that align with the organization’s desired cultural outcomes.

Moreover, ongoing assessments enable organizations to adapt to changing circumstances and ensure that the culture remains aligned with evolving goals and external influences. Sam Silverstein’s discussion on culture audits highlights the value of using data-driven insights to inform decision-making and drive cultural improvements. He stresses the importance of combining qualitative feedback with quantitative metrics to understand the organization’s culture comprehensively.

By being transparent about assessment results, leaders can foster a culture of accountability and continuous improvement. Sam’s emphasis on the iterative nature of culture assessments underscores the need for organizations to view cultural dynamics as dynamic and evolving. The conversation underscores that continual assessment is not merely a one-time exercise but a strategic tool for maintaining a healthy and adaptive culture over time. You should develop a plan to assess and regularly improve your culture.

  • Culture Audit: Develop a culture audit to assess the current state of your company’s culture. This can help identify areas for improvement and set a baseline for future assessments.
  • Documentation: Document your culture assessment findings and improvement plans. Utilize tools to create and maintain detailed records of your culture assessment and improvement initiatives.
  • Regular Assessment: Implement a schedule for culture assessments, such as quarterly or bi-annually. Use tools to gather feedback and measure progress over time.
  • Celebrate: Incorporate a culture of celebration within your organization. This can include employee recognition programs, town hall meetings, or even small gestures like personalized notes or tokens of appreciation.
  • Continuous Improvement: Based on the results of your culture assessments, develop a plan for continuous improvement. Use project management tools like Asana, Trello, or Monday.com to track and execute improvement initiatives, ensuring that progress is ongoing and continuous.

The bottom line is that authentic leadership plays a pivotal role in shaping a thriving culture. Compliance professionals and business leaders go beyond superficial gestures and genuinely prioritize the well-being of their teams. Leaders can create a culture where individuals feel respected and valued by demonstrating care and investment in employees’ development. Key traits include actively listening to employee feedback, providing growth opportunities, and demonstrating ethical decision-making. Ultimately, the conversation reveals that sustained success in company culture hinges on leaders’ commitment to prioritizing people and consistently reinforcing a positive work environment.