Host Tom Fox attended Podfest Expo in March and came away thinking that it was the best conference he had ever attended. He is excited about chatting with this week’s guest on the Innovation In Compliance Podcast, Chris Krimitsos. Chris is the CEO of CK Productions and the organizer of Podfest Expo. They discuss the history of Podfest, the incredible sense of community at the event and what’s coming up for Podfest 2020.
The History of Podfest
Chris describes how Podfest evolved from his local business network into the large event it is today. He noticed that many podcasters needed support so he created the event to provide the education and support they needed. People come to conferences for the camaraderie and social experience more than the education, he points out. As such, he wanted to ensure that attendees felt comfortable and a part of the tribe when they came to Podfest.
Creating a Sense of Community
Tom says that he felt that every component of Podfest was designed especially for him. He asks Chris how he was able to create that sense of community at the event. Chris responds that they thought about the common fears that an attendee might have then made direct efforts to alleviate them. They designed Podfest to be an event that speaks to the individual, where you can feel comfortable and integrate. He describes a few of those efforts; for instance, you may hesitate to visit the trade show booths because you think the exhibitors are going to be “salesy”. Podfest solves this problem by asking exhibitors to provide one question they want you to ask them. This question is displayed on the table so when you ask, you have an engaging and informative conversation with the exhibitors.
Podfest also thinks about making the experience better for their vendors. Last year they complained that there was so much traffic they could not even take a break. So this year, Chris and his team introduced a vendor concierge, who would man the booth if a vendor needed to step away for a bit.
Pay it Forward
Another aspect of Podfest that makes it a unique community is the Pay it Forward scholarship program. Chris describes how the program started and evolved: this year they were able to offer 100 free tickets. Both Tom and Chris talk about the impact this program has had. This year they sponsored an entire high school class. The students all came up to Chris to thank him for the incredible experience.
Podfest 2020
Podfest 2020 will take place on March 6-8 at Marriott World Resort in Orlando. It will be two conferences in one: Podfest and Vidfest, where you can YouTube. You can access one or both conferences depending on your ticket. If you want to be an audio influencer – and Chris says that now is the best time to get started – Podfest will give you the tools you need to succeed.
Resources
Podfest Expo
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In today’s edition of Daily Compliance News:
- Nissan is still a mess. (WSJ)
- NCAA says it will go after Kansas. (Yahoo Sports)
- SEC settles charges against PwC. (MarketWatch)
- TechnipFMC settles SEC charges for $5MM. (FCPA Blog)
CONVERGE19 is in its 4th year of bringing together the world’s leading companies for 2 days of dynamic speakers, thought-provoking breakout sessions, and opportunities to connect with like-minded professionals. You will leave the conference with new resources and best practices allowing you to continue the hard work of driving ethics to the center of your business. In today’s episode I visit with Jacki Cheslow, Director, Business Ethics & Compliance, Avis who together with Terry Stringer, Head Ethics and Compliance Center of Excellence, HP will present at Converge19 the session, Instilling Trust in a Decentralized Culture.
Do your employees feel safe speaking up? Do your employees believe that the company is not only listening but that their concerns are being taken seriously? Do they feel that sense of “organizational justice” that is so important to instilling trust and maintaining an ethical culture? Hear from two ethics & compliance experts as they share how they have instilled trust in their ethics & compliance programs by building a compliance leader network, increasing transparency into their program, and driving creativity and innovation into how the ethics & compliance program connects with employees.
For more information on Converge19, click here
In today’s edition of Daily Compliance News:
· Uber redux, as BOD members want to remove WeWork CEO? (WSJ)
· Have I told you how humble I am? (FT)
· HUD Secretary Ben Carson gives talk in SF. What could go wrong? (Washington Post)
· Spirit or Led Zeppelin? Which band wrote “Stairway to Heaven”? (NYT)
In this episode I visit with Shon Ramey, General Counsel at Navex Global. We discuss Navex’s recent acquisition of Lockpath. In addition to his discussion on how Lockpath fits into the strategic plan of Navex Global, Ramey discusses his approach to mergers and acquisitions. Highlights from the podcast include:
- Why did Navex Global see this acquisition of Lockpath as an opportunity?
- How does this acquisition provide Navex Global with a more holistic approach to GRC solutions?
- Cyber security and data breaches have become an important part of M&A pre-acquisition Due Diligence. Can you outline your approach to these issues?
- Why is it important to have a defined acquisition procedure, which details an acquisition from pre-contact of a target through full integration in place?
- As the top lawyer for an ethics and compliance software and risk management, you must be hyper-aware of the myriad threats facing companies these days. What, in your experience, are some of the threats most overlooked by businesses?
For additional information, see Navex Global Press Release announcing the sale.
See article by Phillip Bantz in Corporate Counsel entitled “NAVEX Global General Counsel Discusses M&A Due Diligence”.
This episode begins on a somber note as Tom and Jay note the passing of Compliance Week reporter Joe Mont and what he meant to the greater compliance community. They then turn to discuss some of this week’s top compliance and ethics stories which caught their collective eyes.
1. Tributes to Joe Mont.
2. Mike Volkov takes a deep dive into the recent Business Roundtable Statement on the Purpose of a Corporation on Corruption Crime and Compliance.
3. Former Cognizant Technologies COO, Sridhar Thiruvengadam, settles FCPA charges. Dick Cassin.
4. Netherlands proposes nationwide AML system. John Rusch reports.
5. What is an ethical culture and why does it matter? Jay begins a multipart series.
6. What is algomerithic corporate misconduct. Milhailis Diamantis explores.
7. Despite prevaling opinions, CCO is not a ‘god’. Clara Hudson reports on the Odebrecht CCO remarks at SCCE.
8. Do UK DPAs throw individuals under the bus? Ross Dixon asks.
9. Mary Shirely tells you how to ace job interviews.
10. Tom continues his preview of the Converge19 speakers in a special bonus series of podcasts on the Compliance Podcast Network. Check out the following: Monday-Scott McCleskey on mapping the ethical risk in your company; Tuesday-Valerie Towery on cross functional collaboration; Wednesday-Kurt Stitcher on Operation Globalization; Thursday-Matt Kelly on Developing Effective Strategies for Third Parties & Data Security Risk and Friday– Anna Aster on The Future CECO: The Executive Recruiter’s Perspective. The podcast is available on multiple sites: the FCPA Compliance Report, iTunes, JDSupra, Megaphone,YouTube, Spotifyand theCompliance Podcast Network.
11. The Everything Compliance gang will be doing its first live podcast at Converge19. You should be there! Listeners to this podcast can obtain a complimentary ticket by using the promotion code foxvip, for registration and information, click here.
Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.
For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.
In today’s edition Sunday Book Review edition of Daily Compliance News:
- The Age of Surveillance Capitalism by Shoshana Zuboff
- Invisible Women by Caroline Criado Perez
- Kochland by Christopher Leonard
CONVERGE is in its 4th year of bringing together the world’s leading companies for 2 days of dynamic speakers, thought-provoking breakout sessions, and opportunities to connect with like-minded professionals. You will leave the conference with new resources and best practices allowing you to continue the hard work of driving ethics to the center of your business. In today’s episode I visit with Anna Aster, Principal at Heidrick & Struggles. We visit about her talk, The Future CECO: The Executive Recruiter’s Perspective.
As the field of ethics & compliance continues to evolve, what does it take to be a CECO in the future? Hear from the world’s top executive recruiting firm on the hiring trends in the compliance field, what recruiters are looking for, and tips on how to get your LinkedIn profile and resume noticed by headhunters. This is a session you cannot afford to miss.
For more information on Converge19, click here.
Welcome to Episode 9 of Compliance Man Chooses the Target with Tim Khasanov-Batirov.The goal is to highlight matters that should be on agenda of practitioners that deploy compliance programs in industries or countries of active anticorruption enforcement. In this podcast series, Compliance Man will target three specific matters that you might like to address in the course of implementation of your compliance program. Today we will focus on improvement of daily compliance activities.
Target #1: Communications with Colleagues
It is about trust. Success of your corporate compliance program depends on whether your colleagues feel comfortable to approach you without fear. You might have a pile of policies but in the reality of any company, specifically when we talk about emerging markets personal trust to Compliance officer is essential. On practice, this allows to implement proactive rather than reactive approach, when personnel approaches compliance officer with their ethical dilemmas prior to acting.
Target #2: Generation X & Generation Y
Recently I was teaching Compliance class at the Summer School at Baltic Federal University. I have noticed that for Gen X&Yers; and specifically for those who were born in 1990-s methods of teaching/training compliance should differ from techniques used for people of older age. The main difference is that youngsters are able and used to deploy internet search much more actively comparing to older folks. In addition generation Y feels comfortable to self-educate themselves due to availability of gadgets using which they can google virtually any compliance related information. I would suggest having in mind the above mentioned in the course of preparation of compliance trainings to young personnel.
Target #3: Keep your Compliance Eyes Open
The biggest mistake compliance officer could make is to limit himself to a couple of areas, which historically are associated with compliance department’s area of responsibility as drafting anticorruption policies for instance without paying attention to business processes, projects, corporate initiatives which might also contain FCPA risk but needs analytical efforts from Compliance officer to be spotted. It is much easier in daily routine to look solely on gifts practices as it contains a compliance associated ‘hashtag’ GIFT than to mitigate risks integrated in business processes. Such situation is depicted in one of the releases of Compliance Man illustrated series http://complianceinpostussr.com/compliance-man-of-integrity-corp-episode-7-mistakes/#comment-19
The best way to manage the ‘hashtag’ approach is a compliance risk register. Just go to the process, project or corporate initiative where the FCPA risk might take place. Keep your compliance eyes open to evolving corporate reality.
Join me for the next episode of Compliance Man Chooses the Target with Tim Khasanov-Batirov.
Learn more compliance tips from Tim Khasanov-Batirov at:
http://complianceinpostussr.com/ & http://complianceinpostussr.com/blog/
