In today’s edition of Daily Compliance News:
Author: admin
Richard Lummis and I are back and we head in a different direction today. This episode begins a three-part podcast series where consider the two principals from a titanic struggle in the early 1950s. It was between President Harry Truman and General Douglas MacArthur. In today’s Part 3, we consider some of the leadership lessons from Truman’s decision to and sacking of MacArthur. Some of the issues posed include:
- Was the sacking inevitable?
- How much control must you have on subordinate? How much should you have?
- MacArthur said he wanted to save live; Truman wanted to end the war. Were these mutually exclusive bargaining positions?
- Was MacArthur subordinate when he sabotaged Truman’s attempt at a cease fire?
- What would you have done?
- What should a leader do in the face of criticism like the Benning letter?
Additional resources
The Firing of MacArthur
The Benning Letter
Richard Lummis and I are back and we head in a different direction today. This episode begins a three-part podcast series where consider the two principals from a titanic struggle in the early 1950s. It was between President Harry Truman and General Douglas MacArthur. In today’s Part 2, we consider some of the leadership lessons from MacArthur. Some of the issues posed by a study of MacArthur’s leadership style include:
- Some of the leadership principles of Truman included: (a) The Confidence to Stand Alone; (b) The Courage to Make Tough Decisions; and (c) The Compassion to Listen to the Needs of Others.
- Treat subordinates with respect but when it comes time to terminate, do so.
- Delegate when appropriate but keep the decisions you to make to yourself.
- Stay cool, calm and collected.
- Always set an example for your subordinates.
Additional resources
3 Traits of a True Leader
Leadership Lessons for New Managers from an Old General
Richard Lummis and I are back and we head in a different direction today. This episode begins a three-part podcast series where consider the two principals from a titanic struggle in the early 1950s. It was between President Harry Truman and General Douglas MacArthur. In this Part 1, we consider the leadership lessons from President Harry Truman.
Some of the highlights of this podcast include:
- Some of the leadership principles of Truman included: (a) do not mistake yourself for the institution; (b) keep a court jester; (c) understand the limits to your power; and (d) don’t worry about being or staying popular.
- Made peace with your decisions and move on.
- You can get much more done if you don’t worry about who gets credit.
- Surround yourself with the top talent and listen to them.
- Truman’s personal assets included, humility, honesty, intellectual integrity, homespun character and the ability to speak plain truths.
Additional resources
Harry Truman’s Reality-Based Leadership
Leadership Qualities of Harry S. Truman
In this five-part podcast series, sponsored by Assent Compliance Inc. (Assent), I have explored the market impacts of emerging regulations on supply chain compliance and the supply chain professional. During the course of this series, I visit with several members of the Assent team to introduce the topic, look at Human Trafficking and Slavery (HTS), supply chain risk management programs, CSR value propositions, the current state of responsible mineral sourcing and where all of this is headed. In this fifth and concluding episode, I visit with Jonathan Hughes, Director, Strategic Relationships at Assent Compliance. We considered how the market impacts are driving the need for more technology-based solutions for supply chain management.You can check out more about Assent Compliance Inc. at their website, by clicking here.
In this five-part podcast series, sponsored by Assent Compliance Inc. (Assent), I explore market impacts of emerging regulations on supply chain compliance and the supply chain professional. During the course of this series, I visit with several members of the Assent team to introduce the topic, look at Human Trafficking and Slavery (HTS), supply chain risk management programs, CSR value propositions, the current state of responsible mineral sourcing and where all of this is headed. In this fourth episode, I visit with Jared Connors, subject matter expert for Assent Compliance on Corporate Social Responsibility (CSR) on the current state of conflict minerals/responsible minerals. Join us tomorrow where we wrap us this series on emerging regulatory areas in a conversation with Jonathan Hughes. You can check out more about Assent Compliance Inc. at their website, by clicking here.
In this five-part podcast series, sponsored by Assent Compliance Inc. (Assent), I explore market impacts of emerging regulations on supply chain compliance and the supply chain professional. During the course of this series, I visit with several members of the Assent team to introduce the topic, look at Human Trafficking and Slavery (HTS), supply chain risk management programs, Corporate Social Responsibility (CSR) value propositions, the current state of responsible mineral sourcing and where all of this is headed. In this episode, I visit with Sarah Carpenter, Manager, Business and Human Rights for Assent Compliance on the value proposition of CSR for corporations. Join us tomorrow where we consider the current state of conflict minerals/responsible minerals with Jared Connors? You can check out more about Assent Compliance Inc. at their website, by clicking here.
In this five-part podcast series, sponsored by Assent Compliance Inc. (Assent), I explore market impacts of emerging regulations on supply chain compliance and the supply chain professional. During the course of this series, I visit with several members of the Assent team to introduce the topic, look at Human Trafficking and Slavery (HTS), supply chain risk management programs, CSR value propositions, the current state of responsible mineral sourcing and where all of this is headed. In this second episode, I visit with Jared Connors, subject matter expert for Assent Compliance on Corporate Social Responsibility (CSR) on how to institute a broader supply chain risk management program. Join us tomorrow where we ask, ‘what’s your CSR value proposition’? You can check out more about Assent Compliance Inc. at their website, by clicking here.
In this five-part podcast series, sponsored by Assent Compliance Inc. (Assent), I explore market impacts of emerging regulations on supply chain compliance and the supply chain professional. During the course of this series, I visit with several members of the Assent team to introduce the topic, look at Human Trafficking and Slavery (HTS), supply chain risk management programs, CSR value propositions, the current state of responsible mineral sourcing and scaling up to meet future challenges. In episode one, I visit with Kate Dunbar, subject matter expert for Assent Compliance in HTS on the current and evolving HTS landscape. Join us tomorrow where provide an overview of instituting a broader supplier risk management program. You can check out more about Assent Compliance Inc. at their website, by clicking here.
In this episode I visit with Mark Lanpher, a partner at Shearman & Sterling LLP, practicing in the firm’s White Collar and Regulatory Enforcement group. Lanpher is a former Assistant Chief Litigation Counsel at the SEC. We take a deep dive into the July 2018 change in FCPA Enforcement Policy, announced by the Justice Department creating a safe harbor in mergers and acquisition enforcement actions brought under the FCPA. Some of the highlights from the podcast include:
- How did Matthew Miner’s announcement impact the FCPA Corporate Enforcement Policy re: M&A?
- What were the policy reasons behind the announcement?
- Was Miner’s announcement a codification of DOJ/SEC safe harbor policy first articulated in the 2012 FCPA Guidance?
- How did (or not) Miner’s announcement bring certainty to this area?
- What does it mean going forward?
