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It's art

It’s Art, Let’s Talk About It: Texas Aesthetic: Sculpture and Painting Exhibitions at The Museum of Western Art

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.

Producer Tom Fox interviews Museum Executive Director Darrell Beauchamp while behind the guest microphone in this award-winning podcast series. They delve into the Museum’s recent, current, and upcoming shows, providing a unique educational experience for art enthusiasts.

They highlight the impact of recent shows featuring renowned artists Scott Christensen and Quang Ho. Their conversation also delves into Al Glann’s unique sculptural approach, which utilizes negative space in his metalwork. Additionally, the episode covers future exhibitions, including a pop-up show featuring Kevin MacPherson, and emphasizes the Museum’s role in community engagement and promotion of the arts.

Highlights Include:

  • Dynamic Negative Space Sculptures by Al Glann
  • Spotlighting Renowned Artists in It’s Art, Let’s Talk About It
  • Artistic Showcase: Unique Museum Exhibition Collaborations
  • Texas Aesthetic: Sculptures and Paintings Exhibition
  • Wildlife Photography Exhibition by Rachel Spencer

Memorable Quotes

“His work is sculpture, but it’s negative space sculpture in that you look at it and, well, that horse’s ribcage isn’t complete. You know, it’s just, it’s. But your negative space allows it, you know, to fill in.” Darrell Beauchamp

“Well, you talk about the passion. I was unfamiliar with both of those artists. But I saw that passion in their work.” – Tom Fox

“It’s a beautiful way of looking at, how do you get action and how do you get emotion from a piece of sculpture when it’s not all there? The negative space, especially since he works in a lot of primary colors that works in brighten reds and yellows and blues, and, and it’s, it’s just a step away from all that tradition enough.” – Darrell Beauchamp

Resources:

Museum of Western Art

Darrell Beauchamp on LinkedIn

Categories
Business Integrity Innovations

Business Integrity Innovations: Promoting Transparency: Bridging the Trust Deficit in Business – Odeh Friday

The Compliance Podcast Network (CPN) and the Center for International Private Enterprise (CIPE) are bringing you Business Integrity Innovations. This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.

In this episode, Tom and Michele Crymes visit with Odeh Friday, Country Director, Nigeria for the Accountability Lab. Their discussion emphasizes the importance of maintaining integrity and transparency in business to promote accountability. Trust and ethical standards in business dealings are crucial for building trust with stakeholders and the broader community. The trust deficit within the private sector highlights the need for ethical behavior. The conversation also touches on ongoing collaborations with state governments on procurement processes, including initiatives like open contracting to ensure better accountability. However, they identified a need to shift focus from merely holding the government accountable to encouraging ethical practices within business communities.

Key Highlights:

  • The Role of Trust and Integrity in Business
  • Collaborating with State Government on Procurement
  • Challenges in Community and Business Ethics

Resources

Odeh Friday

Odeh Friday on Linkedin

The Accountability Lab-Nigeria

CIPE

CIPE

Ethics 1st

Categories
Blog

Branding Lessons from Bela Lugosi’s Count Dracula for the Modern Compliance Professional

Ed. Note: This week, leading up to Halloween, I will examine lessons for compliance professionals through the lens of the great Universal Movie Monsters: Frankenstein, Wolfman, Dracula, and The Mummy. Today, we consider Bela Lugosi’s film version of Dracula. 

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When we think about the iconic portrayal of Count Dracula, it is almost impossible to picture anyone but Bela Lugosi in his 1931 film role. His elegant, mysterious demeanor and commanding presence defined the image of Dracula for generations. But what does this classic portrayal of a vampire do with corporate compliance? More than you might think.

Branding in the corporate world is often reduced to logos and taglines, but a deeper dive reveals that branding is much more about perception, reputation, and the story you tell—and in that sense, Count Dracula is a case study in strategic brand management. As compliance professionals, we can draw several important lessons from Lugosi’s Dracula to help us think more strategically about how we build and maintain the reputation of our companies, especially in today’s dynamic regulatory environment. Let’s sink our teeth into some of these branding lessons.

Consistency in Presentation is Key

From the moment Bela Lugosi first appears onscreen as Dracula, his image is unmistakable: the sleek, black cape, the formal attire, the slicked-back hair. He is always meticulously dressed and composed. This consistent visual representation became Dracula’s calling card, which is why he is recognized globally, even by those who have never seen the film.

In the corporate world, consistency in branding is just as essential. A company’s branding must be coherent and uniform across all platforms, whether marketing materials, social media, or internal communications. This does not just apply to the visual aspects but also to the tone, messaging, culture, and values that the company communicates.

For compliance professionals, this lesson reminds us that consistency builds trust. A company that is inconsistent in its messaging or approach to compliance, one-day promoting ethical behavior while the next quietly allowing questionable practices, sends mixed signals to employees, stakeholders, and regulators. Maintaining a clear and consistent message about a culture of compliance not only builds credibility but also helps shape a corporate culture where ethics and integrity are central.

A Strong Brand Requires Attention to Detail

Lugosi’s Dracula is memorable not just for the sweeping cape or chilling stare but also for the subtleties of his performance: the deliberate pace of his speech and the way he uses his eyes to convey menace. Every detail contributes to the impression that Dracula is sophisticated and dangerous.

Branding is no different. Every touchpoint and every interaction with your brand contributes to the overall perception. From how your team members answer the phone to the layout of your website, these seemingly small details add up to create a cohesive brand image.

For compliance professionals, the details matter. A robust compliance program requires meticulous attention to detail, from the language used in your Code of Conduct to the reporting mechanisms available for employees to raise concerns. Every part of the program must work harmoniously to present a clear and coherent message: compliance is not just a checkbox but an integral part of your company’s identity.

Create a Memorable Experience

When audiences see Lugosi’s Dracula for the first time, they do not just see a movie; they experience it. The chilling atmosphere, the tension-filled interactions, and the eerie soundtrack all combined to create a sense of dread long after the credits rolled. Dracula wasn’t just another movie; it was an unforgettable experience.

In corporate branding, creating memorable experiences for your audience is essential. Whether it is customers, employees, or regulators, the way people experience your company will shape their perception of your brand. This goes beyond products or services; it creates a culture and environment where people feel respected, valued, and heard.

For compliance teams, this can mean creating engaging and thought-provoking training sessions, not just rote exercises. It means fostering a workplace environment where employees feel empowered to speak up without fear of retaliation. Just as Dracula left a lasting impression on audiences, compliance leaders should strive to leave a positive and lasting impression on employees and stakeholders, reinforcing the importance of ethical behavior.

Adaptation and Reinvention

Though Lugosi’s portrayal of Dracula is the most iconic, the character has been reimagined countless times over the decades. The essence of Dracula as a mysterious, powerful figure remains constant, but each new version of the character is adapted to fit the time period and audience. This adaptability is key to Dracula’s enduring appeal.

Corporate branding, too, must be adaptable. Your brand’s core values—integrity, excellence, responsibility, and a culture of compliance—should remain constant, but the way you communicate those values must evolve with the times. As consumer expectations, technology, and regulatory landscapes shift, so must your branding approach.

For compliance professionals, this means staying ahead of the curve. Compliance programs cannot be static; they must evolve to meet new regulations, new risks, and new business realities. Just as Dracula has been reinvented to remain relevant to new generations of audiences, compliance programs must be continually updated and refined to remain effective and aligned with current expectations.

The Power of Reputation

Dracula’s reputation precedes him. Long before he appears on screen, the audience knows he’s a dangerous figure to be feared. This reputation enhances his power; he is already feared and respected without having to do anything.

In the corporate world, reputation is everything. Your brand’s reputation is its most valuable asset, and it must be protected at all costs. One scandal and a misstep can undo years of hard work in building a positive brand image.

Protecting the company’s reputation is a central part of the job for compliance professionals. A strong compliance program is not just about avoiding fines and penalties but also safeguarding the company’s reputation. This involves ensuring that the company complies with all regulations and fostering a culture where employees understand the importance of acting ethically and with integrity. Reputation, like Dracula’s presence, is powerful; it can either elevate or destroy a company.

Control the Narrative

Count Dracula controls how others perceive him; he is always in command of the narrative, whether by charm, intimidation, or deception. Lugosi’s Dracula exudes a controlled power that clarifies that he is always one step ahead of his opponents.

In corporate branding, controlling the narrative is critical. This doesn’t mean manipulating facts or engaging in deception but rather ensuring that your company’s story is told clearly, positively, and authentically. Companies need to proactively shape how they are perceived by the public, regulators, and their own employees.

For compliance teams, controlling the narrative is especially important in times of crisis. How you respond can make all the difference when something goes wrong, whether it is a data breach, an ethics scandal, or a regulatory violation. Compliance leaders should be prepared with a clear communication plan during crises, ensuring transparency, accountability, and a commitment to rectifying any issues.

Building a Brand that Endures

Bela Lugosi’s Dracula remains iconic nearly a century after his first appearance. His lasting legacy is a testament to the power of strategic branding. For compliance professionals, the lessons are clear: build a consistent, detail-oriented, adaptable, and trustworthy brand. As Dracula’s reputation continues to influence modern pop culture, how your company approaches compliance will shape its reputation for years.

By learning from Count Dracula’s branding playbook, compliance professionals can help their companies survive and thrive in an increasingly complex and competitive business environment.

Join us tomorrow as we consider the need to assess and manage new and emerging risks through the lens of The Creature from the Black Lagoon. 

Categories
Compliance Into the Weeds

Compliance into the Weeds: Unveiling RTX’s Costly Compliance Failures and Corporate Misconduct

The award-winning 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. Looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds!

In this episode, Tom Fox and Matt Kelly take a deep dive into the RTX Foreign Corrupt Practices Act enforcement action.

Their discussion unveils complex bribery schemes involving millions paid to Qatari agents and the family of the Emir to secure defense contracts. Despite strict regulatory oversight, Raytheon’s (now RTX) compliance missteps spanned from 2012 into the 2020s, resulting in massive fines. Matt and Tom scrutinize these failures, detailing the SEC and DOJ’s mandates for dual monitorships due to violations of the False Claims Act and FCPA and the Board’s critical role in addressing these issues. Additionally, a comparative look at other significant FCPA cases, including Moog’s penalties for bribery in India, highlights persistent corporate misconduct and the ongoing challenges in achieving effective corporate compliance.

Key Highlights:

  •  Overview of Raytheon’s Violations
  •  Qatari Agent and Further Corruption
  •  Raytheon’s Compliance Failures
  • Management and Compliance Failures
  • Board Oversight and Responsibilities
  •  Reflections on Compliance and Enforcement

Resources

1.    Blogs

Matt in Radical Compliance

2.     Tom 

Instagram

Facebook

YouTube

Twitter

LinkedIn

Categories
Great Women in Compliance

Great Women in Compliance: Stephanie Weldy on The Art of Behavior Design

In this week’s episode, Hemma visits with Stephanie Weldy to discuss the science behind behavior design, with practical models and methods to unpack and design for influencing desired behaviors. Stephanie is an expert at the intersection of behavior design and employee wellness and chief of staff for Dr. BJ Fogg, renowned author of Tiny Habits, creator of Fogg Behavior Design, and a Stanford University behavior scientist. Tune it to learn how to design behaviors for impact at work and home and how to think about influencing behaviors in the context of your compliance function and beyond.

Highlights include: 

  • How to help people do what they already want to do and help them feel successful
  • The Fogg Behavior Model – Designing the coincidence of motivation, ability, and prompts to encourage enduring behaviors (B=MAP)
  • A system for drafting corporate compliance programs that have the impact of influencing human behaviors
  • Unpacking and analyzing existing habits or behaviors and designing modifications
  • Why New Year’s resolutions or policy aspirations might fail and how to leverage the ‘Motivation Wave’

Biography:

Stephanie Weldy, M.Ed., is an expert at the intersection of Behavior Design and employee well-being. She works with BJ Fogg, PhD, Stanford Behavior Scientist and NYT bestselling author of Tiny Habits, to teach industry innovators how to use Behavior Design in the products and services they are building to help people be healthier and happier.

Stephanie previously led comprehensive wellness programs in higher education, non-profit, and government settings. Stephanie practices what she teaches daily as a working mom to two tiny humans (ages 3 and 5).

She has a master’s degree in education in community Health and is a certified Wellcoach and Tiny Habits® coach.

Resources:

Join the Great Women in Compliance community on LinkedIn here.

Categories
The Hill Country Podcast

The Hill Country Podcast: Comings and Goings at The Museum of Western Art

Welcome to award-winning The Hill Country Podcast. The Texas Hill Country is one of the most beautiful places on earth. In this podcast, Hill Country resident Tom Fox visits with the people and organizations that make this the most unique area of Texas.

This week Tom welcomes back Dr. Darrell Beauchamp to delve into the vibrant world of Western art through the exhibits of the Museum of Western Art in Kerrville, Texas.

This episode highlights notable past shows like the Scott Christensen and Quang Ho exhibit, deemed the summer blockbuster by art critics, and dives into current and upcoming exhibitions such as Al Glann’s ‘Poetry in Motion’ and Kevin MacPherson’s ‘Reflections on a Pond.’ Dr. Beauchamp discusses the appeal of Glan’s innovative use of negative space and the immersive experience of MacPherson’s 365-day painting series. The conversation covers more than just exhibitions, providing insights into the thriving artistic community and the cultural significance of artists like Jason Scull and Noe Perez, whose work captures the essence and wildlife of South Texas. Tune in for a rich tapestry of artistic narratives that echo through the Hill Country, inviting both physical and virtual visitors to the Museum of Western Art.

Key Highlights:

  • Current and Upcoming Museum Exhibits
  • Spotlight on Scott Christensen and Quang Ho
  • Al Glann’s Artistic Journey and Podcast Insights
  • Upcoming Events at the Gallery
  • Kevin MacPherson’s Reflections on a Pond
  • Jason Scull and Noe Perez

Resources:

Museum of Western Art

Other Hill Country Focused Podcasts

Hill Country Authors Podcast

Hill Country Artists Podcast

Texas Hill Country Podcast Network

Categories
Daily Compliance News

Daily Compliance News: October 23, 2024 – The Fired for Multitasking 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 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:

  • EY fires staff who took multiple online training courses at the same time. (FT)
  • Harris looking at crypto friendly types to head SEC. (Unchained)
  • Investigation into Brazilian fighter jet sale. (ClearanceJobs)
  • Former A&F CEO arrested for sex trafficking. (WSJ)

Categories
Compliance Tip of the Day

Compliance Tip of the Day: TD Bank Lessons Learned – New and Emerging Risks Demand Action

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, our aim is to provide you with 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.

If you develop new products and services, you must assess those offerings as new compliance risks to manage.

Categories
Blog

Compliance Lessons from Boris Karloff’s Frankenstein

Ed. Note: This week, leading up to Halloween, I will examine lessons for compliance professionals through the lens of the great Universal Movie Monsters: Frankenstein, Wolfman, Dracula, and The Mummy. First up is Boris Karloff’s film version of Frankenstein. 

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The 1931 classic Frankenstein, starring Boris Karloff as the iconic monster, offers more than gothic horror. It provides a rich framework for understanding corporate compliance. The film, adapted from Mary Shelley’s novel, tells the story of Dr. Henry Frankenstein, whose ambition to play God results in the creation of a monstrous figure. While focusing on the horror elements is easy and fun, a closer analysis reveals valuable lessons for compliance professionals and business leaders alike.

We will explore how this film version of Frankenstein mirrors real-world compliance challenges and how its themes of ambition, unchecked power, and ethical negligence offer critical insights into today’s corporate environment. We will also consider how Frankenstein offers a range of corporate compliance lessons that resonate with the key points raised by Nicole Argentieri in her recent speech to the Society of Corporate Compliance and Ethics (SCCE) and the 2024 Evaluation of Corporate Compliance Programs (2024 ECCP).

The Perils of Ignoring Ethical Oversight: Frankenstein’s Creation and Corporate Risk

Dr. Frankenstein’s pursuit of creating life was a scientific marvel, but his failure to consider his work’s moral and ethical implications led to his downfall. His ambition closed his eyes to the responsibilities that come with power and innovation. This reflects a critical issue for corporate compliance: the danger of ignoring ethical oversight in the rush to achieve business objectives.

In her SCCE speech, Nicole Argentieri highlighted the importance of ethical decision-making and the need for leadership to embed compliance into every facet of business operations. The 2024 ECCP emphasizes that compliance officers must have the authority and autonomy to act independently and influence decision-making at the highest levels of an organization. Just as Frankenstein lacked the oversight to rein in his dangerous experiment, a lack of oversight in corporate governance can result in catastrophic outcomes.

The clear lesson for compliance professionals is that organizations must prioritize ethical oversight and ensure compliance is involved in strategic decision-making. As the 2024 ECCP advises, having a strong compliance function with direct access to the board of directors can prevent “Frankenstein-like” risks from spiraling out of control. Ethics cannot be an afterthought; just as Frankenstein learned too late that his creation needed more than raw ambition, organizations must recognize the importance of ethical governance before it’s too late.

Risk Management: Expecting the Unexpected

One key reason for Frankenstein’s failure was his inability to anticipate the risks his creation posed. He believed he could control the creature, but without proper planning, things quickly spiraled out of control. This is a critical lesson in risk management for any organization. The creature was the manifestation of uncalculated risk—an outcome born of Dr. Frankenstein’s failure to consider the “what ifs.”

Argentieri’s speech and the 2024 ECCP emphasize the importance of addressing emerging risks and implementing proactive risk management strategies. As business models evolve, new risks emerge, and compliance professionals must be vigilant in identifying and addressing them before they become uncontrollable.

Compliance professionals should continuously evaluate and adjust their risk management strategies. This aligns with Argentieri’s recommendation that compliance programs must be agile and anticipate emerging risks, especially in areas such as new technologies, cybersecurity, and third-party relationships. A comprehensive risk management process that includes scenario planning and stress testing can prevent corporate “creatures” from escaping the lab and causing damage.

Accountability and Governance Failures

Dr. Frankenstein operated without accountability, answerable only to himself. His lack of governance resulted in a situation without checks and balances on his actions, and his poor judgment led to tragic consequences. The creature’s actions, while horrifying, can be traced back to Frankenstein’s governance failures.

Argentieri emphasized in her SCCE speech that the DOJ expects organizations to maintain a strong compliance culture backed by a governance structure that holds individuals accountable for their actions. The 2024 ECCP builds on this expectation, stressing that compliance programs must ensure accountability at all levels—from executives to front-line employees.

Effective compliance programs must have strong governance structures to hold individuals accountable for their decisions. This is more than just ensuring policies are in place; it’s about creating a culture where employees at every level understand their ethical responsibilities. Just as Frankenstein should have been accountable for the consequences of his experiment, corporate leaders must be held accountable for the risks and decisions they make within the company.

The Ethical Consequences of Secrecy

In Frankenstein, secrecy plays a critical role in Dr. Frankenstein’s downfall. He isolates himself from his peers, hiding the details of his experiments out of fear that others will not understand or approve. This secrecy prevents him from receiving the input and guidance that could have prevented disaster.

Similarly, corporate secrecy can breed ethical violations. In her speech, Argentieri discussed the importance of transparency in compliance efforts, particularly when addressing misconduct. The 2024 ECCP emphasizes open communication within organizations, noting that secrecy or a culture of silence can lead to deeper ethical violations, regulatory breaches, and, ultimately, significant legal consequences.

Compliance professionals must constantly work to foster a culture of transparency and open communication within their organizations. Indeed, the DOJ sees compliance professionals as the holders of institutional justice and institutional fairness in their organizations. Employees should feel empowered to raise concerns without fear of retaliation. Compliance professionals should encourage whistleblowers, monitor for red flags, and ensure that no department operates in secrecy. In the same way, that Dr. Frankenstein’s isolation led to his downfall, a corporate culture of secrecy can result in unethical behaviors festering in the shadows.

Remediation and the Need for Swift Action

One of the more tragic elements of Frankenstein is Dr. Frankenstein’s inability—or refusal—to remediate his mistakes. Instead of acknowledging the harm his creation causes and taking steps to stop it, he spends much of the film trying to avoid responsibility. This refusal to act only exacerbates the problem, leading to even more destruction.

In her SCCE speech, Argentieri emphasized the importance of remediation when compliance issues arise. The 2024 ECCP reinforces this point, stating that companies must take swift action when misconduct occurs to address the immediate issue and prevent future violations. A failure to remediate can lead to a loss of trust from regulators, stakeholders, and the public.

Companies must act swiftly to remediate any ethical or compliance violations. This means conducting thorough investigations, holding wrongdoers accountable, and implementing corrective measures to prevent similar issues in the future. Dr. Frankenstein’s inaction led to tragic consequences, and in the corporate world, failure to remediate can result in reputational damage, legal penalties, and a loss of public trust.

Creating a Culture of Compliance and Ethical Awareness

Ultimately, Dr. Frankenstein’s downfall can be traced to his failure to create an environment that valued ethical considerations and accountability. He was driven by ambition without the ethical grounding to manage his creation responsibly.

Argentieri’s speech stressed the importance of building a culture of compliance and ethical awareness within organizations. The 2024 ECCP echoes this, highlighting that culture is the foundation of an effective compliance program. A company’s culture should not only encourage compliance but make it clear that ethical behavior is a core value of the organization.

Compliance professionals should focus on building a strong ethical culture within your organization. Compliance programs are most effective when employees at all levels buy into the company’s ethical mission. Training programs, consistent messaging from leadership, and visible consequences for unethical behavior are all crucial components of creating this culture.

The Boris Karloff version of Frankenstein may be categorized as a horror film, but its compliance lessons are relevant to any organization today. From respecting ethical boundaries to the importance of accountability, risk management, and training, the film underscores the dangers of unchecked ambition and the value of thoughtful, well-designed compliance frameworks. As compliance professionals, we must ensure that our organizations don’t become modern-day Frankenstein’s, creating monsters we cannot control.

Join us tomorrow as we consider the corporate branding lessons for the compliance professional from the Bela Lugosi movie version of Count Dracula.

Categories
Compliance Tip of the Day

Compliance Tip of the Day: TD Bank Lessons Learned: Putting Profits Over Compliance Will Always End Poorly

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, our aim is to provide you with 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.

Cutting costs in compliance and reducing head count will always be a path to wreck and corporate ruin.