Alyson Van Hooser is a self-described ‘old school millennial’. From being on her own from age 13, to putting herself through college, to leadership positions in the retail and finance industries, Alyson has worked hard to achieve her goals. She now works with Van Hooser Associates, where she has to opportunity to dedicate herself to her passion for leadership development.
Listen to the Episode:
Leadership is Twofold
Alyson says that leadership is twofold: you lead yourself and you can lead others. The first step in leadership is personal development, she says. She learned early on in life that if she wanted to be successful, she had to first lead herself. As she got older, the leaders in her life helped her develop into a successful person. It was because they chose to serve her, she says, that she listened and learned and followed them where they wanted her to go. Great leaders are able to connect and relate to their people. When you have influence over your people, you can get the results you want from them.
Listening is Essential
Tom admires Alyson’s ability to really listen to others. He asks her how she developed this great skill. She describes how, from her childhood, she paid attention to her role models. You’re not going to learn if you’re not willing to listen, she emphasizes. She focuses on the little things that people say that give insight into who they are, what they want, and what motivates them. As a leader, that’s the information you have to know if you’re going to get better results out of your team, she says.
Leadership Is Influence
You need to have influence if you want people to follow you. In fact, leadership is influence. The only way to get that influence is to serve others. Leadership, Alyson says, is about taking the superior position, which is not about you being on top, but rather putting everyone else before yourself.
Training Millennials
Leaders need to serve their Millennial and Gen Z employees by giving them educational opportunities to help them become valuable members of the team. Despite how unfavorably mass media has portrayed Millennials, they bring many skills to the table, and can provide value that older generations may not be able to. If you want the best from them however, you have to give them the opportunity to share their ideas without fear of repercussions. Honor their desire to make a difference, to add value to the team, Alyson says. When she trains Millennials, she teaches them that their responsibility is to be a leader for themselves, to be professional and hold themselves to a high standard. This is necessary to get buy in from the people above and below you, she says. Stay true to who you are, but adapt in order to relate to people and gain influence with people all across the organization.
Resources
VanHooser.com
Alyson Van Hooser on LinkedIn | Facebook | Instagram
Author: admin
In today’s edition of Daily Compliance News:
- A lot more to Deutsche Bank than meets the eye (in China). (NYT)
- Boeing CEO stripped of Board Chairmanship by other Board members. (NYT)
- Monitoring emails for signs of stress? (Washington Post)
- Will Vale-type dam disaster come to America? (WSJ)
From Vaudeville to the Silver Screen to the Small Screen, the Marx Brothers made an impact wherever people found them. Now Tom Fox and Mike Volkov have wedded their love of the Marx Brothers with their passion for compliance and bring them into the boardroom to help explain and explore the sometimes-chaotic world of governance, risk-management, ethics and compliance. In this episode they discuss the movie Horsefeathers and how it informs the recent Juniper Networks FCPA enforcement action. Highlights from the podcast include:
- Why was this enforcement action so significant (or not)?
- Why does third-party management continue to bedevil so many companies?
- Why AP is a key gatekeeper for a best practices compliance program?
- What are some of the key lessons learned for the compliance professional?
- How does data analytics from this enforcement action inform compliance programs going forward?
- Why is GTE such a low hanging fruit for compliance programs?
- Why are slush funds so problematic under the FCPA?
Resources
- From Tom Fox-see article Juniper Networks FCPA Enforcement Action: Speak Sternly and Enhance Controls, click here.
- From Mike Volkov-See article Juniper Networks Settles FCPA Violations with SEC or $11.7 Million, click here.
- Download a copy of the SEC Cease and Desist Order, here.
Marx Brothers
Horsefeathers-the full movie on YouTube.
Welcome to this special five-part podcast series with Jay Rosen, VP of Business Development for Affiliated Monitors, Inc. (AMI), who is the sponsor of this podcast series. Corporate culture exists in the space between what an organization professes and what it does. It is important to pay attention to corporate culture as disconnects in this reality can be quite costly. Witness the continuing imbroglio surrounding Wells Fargo. In this series Jay and I will be exploring key aspects of corporate culture, including why it matters, what influences culture, the CCOs role in culture, assessing corporate culture and how to use that information to improve culture. In this Part I, we consider what is ethical culture and why does it matter.
Highlights include:
- An exploration of the question “what is corporate culture”?
- Corporate culture is the way things really arein an organization and the way things really work.
- There may be more than one culture in an organization and there might well be multiple subcultures in a company.
- M&A due diligence around culture is critical.
- What different kinds of cultural systems could impact a company?
- Why is having a “speak up” culture a key indication of a strong ethical culture?
- How can an organization hold its employees throughout the organization accountable?
- Why must there must be an alignment between what top management says and the company’s core values to have an effective culture?
Please join us for Episode 2, where we will explore the factors that influence a company’s ethical culture.
For more information see Jay’s blog post What is Ethical Culture and Why Does it Matter? on Corporate Compliance Insights.
For more information on Affiliated Monitors, Inc. check out their website here.
In today’s edition of Daily Compliance News:
- Barclays bankers say deal with Qatar was ‘dodgy’. (BBC)
- What did the Angels know and when did they know it? (WSJ)
- Your mouth will get you every time. (Washington Post)
- Will the ‘resource curse’ hit Mozambique? (FT)
In this episode I visit with Parth Chanda, CEO of Lextegrity, a leading technology platform that combines the up-front due diligence approval of planned third-party spend with the analysis of actual spend — focused on fraud, corruption and conflicts of interest. Some of the highlights include:
- Professional background for Chanda, with nearly 20 years in compliance.
- Some of the problems the Lextegrity Integrity platform is addressing with for compliance professionals?
- What traditional challenges do CCO’s face when they try to deploy compliance monitoring solutions? They include:
- Employees lacking sufficient tools to assess risk and take ownership of their own compliance.
- Complex reports or analytics for the business users not user-friendly or intuitive.
- Too few legal, compliance, IT and anti-fraud resources to support the business or continuous monitoring efforts.
- Disorganized and disparate data stores.
- Risks managed in multiple systems that don’t “talk to each other” or require duplicate entry or manual data input processes.
- Not having real-time analytics, reporting or monitoring, which leads to missed anomalies and patterns.
- In September’s FRAUD Magazine innovation column authored by Vincent Walden he quoted you for the following, “Avoiding professional biases in your fraud risk management program”. How does the Lextegrity platform help avoid bias and integrating typical compliance functions with traditional internal audit functions?
- How does the Lextegrity platform integrate both pre-approvals and monitoring? What are the benefits to that as compared to what’s in the market?
- What’s the benefits to General Counsels and heads of investigations from the platform and about how the machine learning aspects help companies be more strategic and effective?
- What advice do you have for CCOs and General Counsels when they are evaluating the use of data analytics into their compliance program?
- Where can listeners go for more information?
Resources
Parth Chanda
Lextegrity website
Article “Avoiding Bias in Your Fraud Management Program” by Vince Walden in September/October issue of Fraud Magazine
In today’s edition Sunday Book Review edition of Daily Compliance News:
- Dare to Lead by Brené Brown
- Extreme Ownership by Jonko WIllnik and Leif Babin
- Never Split the Difference by Chris Voss
- 13 Things Mentally Strong People Don’t Do-Amy Morin
In today’s edition of Daily Compliance News:
- What is a recalcitrant (or pissed off) employee? (GoingConcern)
- Guilty plea in PetroEcuador FCPA case. (WSJ)
- Do they or don’t they? Deutsche Bank now says it doesn’t have Trump tax returns. (Washington Post)
- Fraud comes (back) to track and field. (FT)
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. In this episode, Matt Kelly and I go into the weeds to explore the recent SEC enforcement action against Mylan and its mischaracterization of the drug EpiPen as a generic drug. This mischaracterization cost the federal government millions of dollars and led the SEC to fine Mylan $30MM.
Some of the highlights include:
- How can one event have multiple risk scenarios?
- How risks can ripple across an organization?
- Who oversees risk for a company in a holistic manner?
- How can internal controls help to break down silos?
- Where was compliance?
- Why do internal controls need to cut across silos to provide (at least) internal transparency?
For additional reading see the following:
Matt’s blog post, Mylan’s Lessons on Silos & Risks, on Radical Compliance.
In today’s edition of Daily Compliance News:
- What is the cause of SFO delays? (WSJ)
- EU looks to tweak how it compiles dirty money blacklist. (WSJ)
- Do they or don’t they? Deutsche Bank now says it doesn’t have Trump tax returns. (Washington Post)
- OECD to propose international corporate tax reform. (FT)
