What does it mean to be an ethical leader *and* a leader in ethics? Tom chats with Cheryl Wahl, Chief Ethics and Compliance Officer at the MetroHealth System and winner of Convercent’s Leadership Award, about tone from the top, bringing your whole self to work, and leading a diverse workforce through unprecedented times.
For more information on Convercent, click here.
Author: admin
Welcome to The Ethics Movement, special podcast series highlighting Converge21 The Workshop Edition. This podcast series will feature some of the speakers at the event. You can find out more information about the event and register here. In this podcast, I visit with Julia Arbery, a partner at StoneTurn who will help the discussion on the Workshop, Demystifying Data & Analytics: Leverage What you Have for Effective Risk Management. You have collected this data from my program, now what? The panel will use sample data sets to outline a foundation for data driven risk management. Join us for a dynamic Workshop.
As April is Earth Month, GWIC thought it would be a great time to talk to one of the people who works in E&C and also to protect our natural resources and environment. Michelle Beistle is the as Chief Ethics, Compliance & Privacy Officer at The Nature Conservancy, and started there in April 2019.
Michelle was one of GWIC’s first guests, where she spoke about her path and how she got into compliance through her privacy work. Her former role was as Counsel and Chief Compliance Officer – Privacy & Ethics at Unisys.
Michelle talks about the similarities and the differences that she has encountered moving into a non-profit, as well as her excitement about working in a mission-driven organization. She also talks about how COVID and the social justice movement have impacted TNC, and how they speak out on behalf of other social causes.
TNC also had a change in leadership, so she discusses that change, and how to navigate that as an E&C professional. And, as it is Earth Month, Lisa took advantage of her knowledge to get some information on events and Michelle’s most practical tip on how you can impact the environment every day.
The Great Women in Compliance Podcast is proudly featured on the Compliance Podcast Network and sponsored by Corporate Compliance Insights. If you enjoyed this episode please subscribe to the podcast and rate it on your podcast player to help other compliance professionals find it. Want to hear more from us? We have a book, “Sending the Elevator Back Down: What We’ve Learned from Great Women in Compliance” (CCI Press, 2020) which is available on Amazon.com and Book Depository.
If you’ve already read the booked and liked it, will you help out other women to make the decision to leverage off the tips and advice given by rating the book and giving it a glowing review on Amazon?
As always, we are so grateful for all of your support and if you have any feedback or suggestions for our 2021 line up or would just like to reach out and say hello, we always welcome hearing from our listeners.
You can subscribe to the Great Women in Compliance podcast on any podcast player by searching for it and we welcome new subscribers to our podcast.
Join the Great Women in Compliance community on LinkedIn here.
In this edition of Cordery Head to Head @ Home Cordery’s Jonathan Armstrong talks to Richard Levick.
Richard Levick is the Chairman & CEO of Levick. He is a television news contributor on crisis and public affairs communications; columnist for multiple publications; book author; pioneer of litigation communications; globally recognized crisis communications keynote speaker and Professor at the Fordham and Wake Forest Schools of Law.
Richard has co-authored five books including, The Communicators: Leadership in the Age of Crisis; Stop the Presses; The Crisis and Litigation PR Desk Reference; 365 Marketing Meditations; and Lessons for Absent Children. They talk about a wide range of issues facing modern companies including the response to COVID-19 and the Black Lives Matter movement. They talk about the need for companies to step in and fill vacuums when governments are slow or unsure in their reaction.
You can find out more about Richard and sign up for his newsletter, blogs, and podcast here https://levick.com/about/richard-s-levick/.
You can find out more about Levick and their work helping companies in crisis here https://levick.com/about/.
You can find out more about Cordery and its work here https://www.corderycompliance.com/how-we-help/.
You can also read about current issues in dealing with the pandemic here https://www.corderycompliance.com/category/covid19/.
You can view more Cordery Head to Head interviews here www.bit.ly/corderytv.
Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. This week Matt and Tom take a deep dive into a different area; their joint love of history. Matt is reading Nuclear Folly, a new chronicle of the Cuban Missile Crisis by Ukrainian history professor Serhii Plokhy. We use this as a starting point to explore how both the Soviets and Americans used different types of internal debate and information to eventually steer clear of nuclear war. Some of the issues we consider are:
- What was the Soviet model for information gathering, analysis and debate, both before and during the Missile Crisis?
- How was the American model of Ex-Comm so different?
- How do these models inform a speak up culture?
- How and more importantly why are leadership, corporate culture, speaking up, ethical values all connected.?
- What does this mean for compliance officers?
Resources
Matt’s blog post on Radical Compliance:
Culture and the Cuban Missile Crisis
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 Jonathan Kellerman, Partner at StoneTurn and former CCO at Allergan. In this final episode, Kellerman and myself look down the road for what’s next for Compliance. Kellerman sees compliance at a cross-roads today. He believes it needs to evolve from a critical support function while controlling the narrative on how compliance wants to define the functionality, value and relevance of the profession Compliance needs to become a real-time provider of not only compliance insights but also business performance. The compliance function needs new skill sets (new muscles) such as data analytics, digital engagement, advance adult learning and other skills to help change the tune about compliance.
Resources
Jonathan Kellerman LinkedIn Profile
Jonathan Kellerman StoneTurn Profile
StoneTurn
In 2021 amid the pandemic, the risks haven’t changed, and the enforcements are still mostly related to third parties. In this new episode, compliance consultant Vanessa Rossi explains the importance of third-party risk management for companies and how they should look at program enhancement.
Key points discussed in this episode:
✔️ Socializing across the entire employee base is essential to education and training. What is the law? Why are we doing this? Is it a risk for us? And why do we have to train on this more than once? It takes teaching, messaging, and repeating to ensure that everybody on the team is on board.
✔️ Know that an effective program is the one that you’re constantly upgrading. Even in a mature company with a mature third-party risk program already in place, practitioners must continually engage in risk assessing, monitoring, and incorporating concepts going forward because there is always room for improvement.
✔️ There are a lot of tech solutions out there that you should always be considering. If your program is not evolving, it’s not changing, with the company facing numerous risks every day.
✔️ Collaboration and compliance cross so many different departments. In addition to working with the business sponsor of the third party and with the legal team, there’s Internal Audit and more departments to collaborate with. Socializing and collaboration are soft skills that you need.
✔️Don’t take your eye off the Third Party Management Bill. You’ve got to continue with your due diligence procedures. The beginning of the pandemic put a wet blanket on everything, but you need to continue with your third-party management elements. It is difficult, but you shouldn’t stop doing it because, if anything, engaging with third parties got riskier in specific sectors and certain types of third parties.
About Thomas Fox:
Thomas Fox, the Compliance Evangelist®, is one of the leading writers, thinkers, and commentators on anti-bribery and anti-corruption compliance. In this latest edition of The Compliance Handbook, he continues to arm seasoned compliance professionals and those new to the realm with the practical, actionable guidance and tools needed to design, create, implement and continually enhance a best practices compliance program.
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
• Compliance innovation
• And much more
Order your copy OR copies of The Compliance Handbook: A Guide to Operationalizing Your Compliance Program. Save 25% off.
http://www.lexisnexis.com/fox25
Rashelle Tanner is the Director of Compliance Learning Program at the Office of Legal Compliance at Microsoft. A senior attorney, she is responsible for the trust and integrity learning program for Ethics and Compliance. Rashelle develops and delivers learner-centered anti-corruption and ethical decision-making courses that empower employees to do business the right way. Tom Fox welcomes her to this week’s show to discuss how compliance professionals can incorporate and promote integrity in training, and how to reimagine training in innovative ways for the organization’s ultimate benefit.
The Importance of Integrity
Tom asks Rashelle to explain why integrity is integral to compliance. She stresses that people have to follow rules not just because they’re there, but also because they feel motivated to do so. The focus on “doing the right thing” is becoming less on what you can and cannot do, and more on your day-to-day decisions. Focusing on integrity will help you make more ethical decisions.
Compliance and Integrity Through Storytelling
Rashelle tells Tom about incorporating integrity training through the use of storytelling. She describes how her team takes employees through compliance-related scenarios, and ethical issues, with characters based on workers at all levels of Microsoft. The episodes are based on what motivates people, and how it impacts their decisions. Rashelle remarks that this venture has helped build employee engagement and continues to encourage them to get involved with compliance training. She stresses the importance of keeping the content suspenseful to grab employees’ attention; however, it must also stand alone so that anyone can follow along. It also needs to have specific language in the given content in order to reach the target audience.
Diversity and Inclusion in Compliance
Tom switches to the topic of diversity and asks Rashelle her thoughts on the role of diversity and inclusion in compliance, and how compliance departments can drive that conversation forward. He adds that diversity is natural while inclusion is completely different. Diversity is getting one’s foot in the door while inclusion is being completely embraced and listened to. Rashelle stresses that inclusivity is a responsibility, and one she and her team emphasizes at Microsoft, and even within their serial training programs. She states that representing all walks of life in their episodes is a way of reaching not just their local employees but their international ones as well and making them feel seen and heard.
Resources
Rashelle Tanner on LinkedIn | Twitter
The Learning Guild