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Trekking Through Compliance

Episode 37-I, Mudd


In this episode of Trekking Through Compliance, we consider episode I, Mudd, which aired on November 3, 1967, and occurred on Star Date 4513.3.
The Enterprise finds Harry Mudd (Harcourt Fenton Mudd) on a planet and the “ruler” of 500 robot women. Mudd is being studied by the robots, who are accommodating but refuse to let him go. The androids tell Kirk people from the Andromeda galaxy built them. However, the civilization that constructed them was destroyed by a supernova, so the androids were left without supervision. Now they have found a new purpose in Mudd. Spock makes inquiries and discovers that there are 207,809 androids and, most importantly, that they seem to be controlled by some central coordinating power.
The robots find people too destructive and plan to take over and “serve” all humans in the galaxy to control them. Kirk leaves Harry on the planet with his attendant robots to serve as an example of human failure to them. The robots are also reprogrammed to carry out their original task of rendering the planet fit for human life. As a final blow to Mr. Mudd, Kirk also leaves behind several android copies of his shrewish wife, Stella.
Compliance Takeaways:

  1. Why continuous monitoring is a mandatory part of any compliance program.
  2. Will AI take over compliance? (Answer: No)
  3. As a CCO, you are only limited by your imagination.

Resources
Excruciatingly Detailed Plot Summary by Eric W. Weisstein
MissionLogPodcast.com
Memory Alpha

Categories
Sunday Book Review

July 17, 2022 the University of Toronto Press edition


In today’s edition of Sunday Book Review:

  • Profits and Power by David Detomasi
  • Aiming to Explain by Timothy Heinmiller and Matthew Hennigar
  • The Human Paradox by Ralph Heinzman
  • Apostles of Inequality by Jim Handy
Categories
Daily Compliance News

July 16, 2022 the How to Stop Cheating edition


In today’s edition of Daily Compliance News:

  • FRC orders accounting firms to say how they will stop cheating. (FT)
  • Uber sued over sexual assault claims. (BBC)
  • ABB employees and wives were arrested for South African corruption. (Bloomberg)
  • DOT publishes fact sheets on Russia Sanctions. (WSJ)
Categories
Creativity and Compliance

Beware of Dr. No from the Land of No

Where does creativity fit into compliance? In more places than you think. Problem-solving, accountability, communication, and connection – all take creativity. Join Tom Fox and Ronnie Feldman on Creativity and Compliance, part of the Compliance Podcast Network. In this episode, Tom and Ronnie continue their short series of provocative statements on compliance training and communications, followed by a discussion. In this episode, Ronnie channels his inner James Bond to explore why compliance by Dr. No from the Land of No is a recipe for failure. Highlights include:

·      Employees Won’t Go to the Office of No

·      Discuss the reputation and why that’s important

·      Discuss how e-learning exacerbates the problem

·      Discuss solutions

·      Advertising & Branding – increasing exposure

·      Coaching and training the E&C team and Ethics Advisors

·      Coaching and training Leadership

Resources:

Ronnie Feldman (LinkedIn)
Learnings & Entertainments (LinkedIn)
Ronnie Feldman (Twitter)

Learnings & Entertainments (Website)

60-Second Communication & Awareness Shorts – A variety of short, customizable, quick-hitter “commercials” including songs & jingles, video shorts, newsletter graphics & Gifs, and more. Promote integrity, compliance, the Code, the helpline and the E&C team as helpful advisors and coaches.

Workplace Tonight Show! Micro-learning – a library of 1-10-minutes of training and communications wrapped in the style of a late-night variety show that explains corporate risk topics and why employees should care.

Custom Live & Digital Programing – We’ll develop programming that fits your culture and balances the seriousness of the subject matter with more engaging delivery.

Tales from the Hotline – check out some samples.

Categories
GalloCast

GalloCast-Episode 2


Welcome to the GalloCast. You have heard of the Manningcast in football. Now we have the GalloCast in compliance. The two top brothers in compliance, Nick and Gio Gallo, come together for a free-form exploration of compliance topics. It is a great insight on compliance brought to you by the co-CEOs of ComplianceLine. Fun, witty, and insightful with a dash of the two brothers throughout. It’s like listening to the Brothers Gallo talk compliance at the dinner table. Hosted by Tom Fox, the Voice of Compliance. Topics in this episode include:

  1. How do you incorporate ethics into business growth?
  2. Who are all the stakeholders in and for your organization?
  3. Why is talent acquisition and retention a key element for any business going forward?
  4. How to change an entire culture?
  5. How not to lay off employees.
  6. What are the micro-cultures in your organization, and how to use them to build your ethical muscles
  7. What is the EthicsVerse?
  8. Nick’s Book Challenge.

Resources
Nick Gallo on LinkedIn
Gio Gallo on LinkedIn
ComplianceLine

Categories
Career Can D0

Changing Workplace Mindsets with Liz Kislik


 
In this episode of Career Can Do, Mary Ann Faremouth chats with Liz Kislik, management consultant, executive coach, and President of Liz Kislik Associates. A frequent contributor to Harvard Business Review, TEDx and Forbes, Liz has helped family-run businesses, national nonprofits, and Fortune 500 companies solve their most challenging problems for 30 years. Liz discusses growth, resilience, and how changing your mindset affects the workplace.
 

 
You can learn a lot by observing what’s happening around you, says Liz, even if you are not taking action. It’s important that you understand your surrounding landscape before you try to change it. The way people behave has a lot to do with their environment, so to make a significant, lasting impact, you need to identify situational factors in addition to individual behaviors. 
 
Resilience is a necessary variable for growth. Rather than products of our circumstances, we are products of our decisions – things can happen to us, but what matters is what we do about it. There are two types of resilience: one is when we decide to take action over external things we can still control, and the other is when we accept the things not within our control and keep moving forward anyway.
 
Resources
Liz Kislik on the web | LinkedIn | Twitter
 
Faremouth.com
 

Categories
Presidential Leadership Lessons for the Business Executive

Leadership Lessons from the Presidency of US Grant


In this episode, Richard Lummis and Tom Fox consider the leadership lessons from the Presidency of US Grant. The lessons include:
1. Reconstruction and the Civil Rights Acts, leading to the passage of the 15th Amendment;
2. Appointment of minorities to his cabinet and other top government positions;
3. His Indian peace policy. At the start of his administration, there were 370 separate treaties with Native Americans. Grant streamlined this process and appointed a Seneca Indian as head of the BIA; and
4. Foreign Affairs. We consider Grant’s leadership in the dispute with Great Britain over claims against the Confederate raider Alabama.

Categories
Daily Compliance News

July 15, 2022 the To Die In Texas edition


In today’s edition of Daily Compliance News:

  • Using blockchain to disrupt corruption. (CityAM)
  • SEC is looking into Musk’s actions re: Twitter. (NYT)
  • Whistleblower protections for reporting aliens. (Politico)
  • The state of Texas sues to block fed order on abortions to save mother’s lives. (Reuters)
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Blog

The Compliance Handbook, 3rd Edition is Available

As the Compliance Evangelist, I am pleased to announce the release of the Compliance Handbook, Third Edition. It is published by LexisNexis.
This edition is an update of the Compliance Handbook, 3rd edition handbook is a must read for all ethics and compliance professionals.  The Third Edition provides practical and helpful solutions on important ethics and compliance issues.  It is comprehensive, accessible and a must-have for every ethics and compliance professional.
Once again, I have teamed up with the top legal publisher, LexisNexis Legal & Professional, to lead its series of compliance offerings. The Compliance Handbook 3rd edition, is designed to provide the seasoned compliance professionals, and those new to the profession, with practical, actionable guidance and tools needed to design, create, implement and continually enhance a best practices compliance program.
The Compliance Handbook 3rd edition 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

The Compliance Handbook 3rd edition also takes a close look at the role of all professionals with compliance responsibility, from Compliance Officers and Boards of Directors, to Human Resources to Internal Audit and Internal Controls and Communications and Training professionals. Understanding compliance responsibility across the organization continues to be a key theme of both the Department of Justice (DOJ) and Securities and Exchange Commission (SEC). With this 3rd edition, I expand on the concepts articulated in the original editions of operationalizing your compliance program.
What’s new for the 3rd edition?

  • The role of compliance in ESG
  • Key FCPA enforcement actions from 2022
  • Key innovations in compliance which came out of the Covid-19 pandemic
  • New strategies in training and communications
  • Looking forward to compliance in 2025 and beyond.

The Compliance Handbook 3rd edition incorporates the most current government pronouncements governing best practices compliance programs including the 2019 Evaluation of Corporate Compliance Programs released by the DOJ Fraud Section and its 2020 Update; the updated FCPA Resource Guide 2nd edition; the Framework for OFAC Compliance Commitments; the 2019 DOJ Antitrust Division’s Evaluation of Corporate Compliance Programs in Criminal Antitrust and most significantly the speech by Deputy Attorney General Lisa Monaco, reinstituting the requirements from the Yates Memo, the renewed use of monitors, all encapsuled in the Monaco Doctrine.
The Compliance Handbook 3rd edition is available in both print and eBook editions.  LexisNexis Legal & Professional is giving a discount of 20% for any presale purchase. Use the code FOX20 and go here.

Categories
The Woody Report

Caremark Claims, Part 2

Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. Today in Part 2, Tom and Karen look at cases in the wake of Marchand, including Clovis Oncology, Boeing and Cardinal Health.

Resources

Karen Woody on LinkedIn

Karen Woody at Washington & Lee, School of Law