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Trekking Through Compliance

Trekking Through Compliance-Episode 11-The Menagerie (Part One)

In this episode of Trekking Through Compliance, we consider the episode The Menagerie (Part One) which aired on November 17, 1966, Star Date 3012.4.
Compliance Takeaways:
  1. A leader must take care of themselves as well as their crew.
  2. What does it mean if a deal is too good to be true?
  3. Trust but verify.
Resources
Excruciatingly Detailed Plot Summary by Eric W. Weisstein for The Menagerie (Part One)
MissionLogPodcast.com-The Menagerie (Parts 1 & 2)
Categories
Daily Compliance News

Daily Compliance News: June 12, 2019, the Hipster Anti-trust edition

In today’s edition of Daily Compliance News:

  • Is hipster anti-trust coming? (Reuters)
  • Trump Tower in Moscow-the Forbes Report. (com)
  • What are premerger notification requirements and why you should follow them. (WSJ)
  • Yet more reports of Deutsche Bank failings on AML. (com)
Categories
Compliance Into the Weeds

Compliance into the Weeds: Episode 127- Robotic Process Automation

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 (the coolest guy in compliance) and I take a deep dive into Robotic Process Automation.
Some of the highlights include:

  • What is robotic process automation (RPA)?
  • How does it differ from AI?
  • How could a compliance professional use RPA?
  • Why is does it pose unique risks to a corporate compliance function?

For additional reading see Matt’s blog post Thoughts on RPA, Compliance and You

Categories
Great Women in Compliance

Episode 23-Courtney Sander on Operationalizing Compliance

Lisa Fine and Mary Shirley are the proud co-hosts of Great Women in Compliance. They bring to you some of the top female compliance practitioners who relate some of the challenges they have faced and overcome in the compliance profession. In this episode, Mary visits with Courtney Sander about current trends and best practices in Compliance training, what it means to operationalize your program and how younger leaders can gain credibility with key stakeholders. Great Women is Compliance is a part of the Compliance Podcast Network and can be found on Spotify, iTunes, the FCPA Compliance Report and Corporate Compliance Insights.

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Jamming with Jason

You Will Still Get Ignored with only Technical Skills and Staying Out of Harm’s Way

Most people in internal audit focus a lot of time and energy on technical skills, ignoring soft-skills since those are just “touchy-feely” topics anyway that aren’t that important in internal audit. Think again. You will still get ignored no matter how technically competent you are. The key to being heard and moving to trusted advisor status is through developing soft-skills.
Internal audit can also be a dangerous profession (and I’m not talking about paper cuts). Learn how you can stay out of harm’s way.
Make sure to join me for the breakout session at IIA International Conference on “How to Become a More Mindful and Emotionally Intelligent Leader” on Tuesday, 9 July at 12:45. If you’d like to have a mini-interview that will appear on a future episode, make sure to message me on LinkedIn, e-mail me, or stop by the Unified Compliance booth in the exhibit hall, where I’ll be hanging out.

Jason Mefford is a Rock Star – Internal Audit, Risk Management and Compliance. He helps Chief Audit Executives (CAE) and professionals with technical & soft-skills training and coaching to navigate the mine fields of audit, risk and compliance in organizations. http://www.jasonmefford.com and http://www.meffordassociates.com
Interviews and discussions (jam sessions) relevant to Chief Audit Executives and professionals in internal audit, risk management, and compliance.
#internalauditpodcast #internalaudit #chiefauditexecutive

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Trekking Through Compliance

Episode 10- The Corbomite Maneuver


In this episode of Trekking Through Compliance, we consider the episode The Corbomite Maneuver which aired on November 10, 1966, Star Date 1512.2.
Novice navigator Lt. Dave Bailey spots a large spinning multi-colored cube floating in space. He advocates attacking it with phasers. Kirk instead orders the ship to back away from the object. The cube pursues them, emitting harmful radiation, and Kirk reluctantly destroys it. Thereafter a gigantic glowing sphere approaches the Enterprise, explaining that the destroyed cube was a border marker and the First Federation will destroy the Enterprise for trespassing into theirn territory. Kirk tries to bluff Balok, telling him that the Enterprise contains “corbomite”, a substance that automatically destroys any attacker.
Kirk, McCoy, and Bailey form a boarding party to render assistance. They beam over and discover that the “Balok” on their monitor was an effigy. The real Balok, looking like a hyperintelligent human child, enthusiastically welcomes them aboard. He explains that he was merely testing the Enterprise and its crew to discover their true intentions. As Kirk and company relax, Balok expresses a desire to learn more about humans and their culture, and suggests they allow a member of their crew to remain on his ship as an emissary of the Federation. Bailey happily volunteers, and Balok gives them a tour of his ship.
Compliance Takeaways:

  1. Never pass up the chance for a cross-cultural exchange.
  2. Should discipline have a remedial component or be simply punitive?
  3. How much stress can you or should you put on your employees?

Resources
Excruciatingly Detailed Plot Summary by Eric W. Weisstein for The Corbomite Maneuver
MissionLogPodcast.com-The Corbomite Maneuver

Categories
Innovation in Compliance

Rebooting your Mindset with Tanya Otterstein-Liehs


Tom and Tanya met virtually years ago, and she’s one of the most interesting people Tom has ever come across. Tanya started her career in early childhood education but she didn’t end up there; after a leaving childcare and being a stay-at-home mother, Tanya dedicated her life to something that matters to her: being healthy. How does that apply to you? When you move your body and exercise, you will be much better at your job.

More Than Physical Fitness
Physical fitness isn’t just about your body. It’s about your mind, too, in how you see yourself and embrace who you are. Being fit is also about training your mind to embrace goodness, and it’s intrinsically connected to how your body feels. For those in compliance, it can be a lot of everyday stress. Practicing fitness of mind and body can help relieve that.
How to Create a Positive Mindset
It’s as simple as waking up and thinking of one thing to be grateful about, and when you’re going to bed, decide on the best thing that happened that day. And it’s as hard as that, too. Your mindset is a part of you, so to change it, you have to change your habits. Like being physically fit, being mentally fit requires a bit of training. Here’s how to reboot your mindset:
First, as you go about your day, recognize the small things and focus on how you feel. Give yourself permission to take five minutes to get centered again.
Second is moving your body every day. Running, CrossFit, cycling, swimming, walking around the block: it doesn’t matter what you do so long as you do it consistently.
Third is going to bed and thinking about the best thing that happened that day. It helps you focus on the positive aspects.
Fourth, as you’re getting ready for work the next day, take a moment to reflect on who you and appreciate the good things about yourself.
Fifth, surround yourself with positive people. You can’t imagine how negative people can drag you down. Even if they’ve been a friend for life, it might be worth breaking the friendship.
SEA – The Self-EMPOWERMENT Academy
Tanya talks about her membership community, who it’s for, and why women of all background should consider joining it. She also shares why she wears a leather jacket.
Resources
Self-EMPOWERMENT Academy | Instagram | Twitter | LinkedIn | Facebook

Categories
Daily Compliance News

Daily Compliance News: June 11, 2019, the little bit concerned edition

In today’s edition of Daily Compliance News:

  • Senegal justice ministry calls for inquiry into energy contracts. (Reuters)
  • Convicted opioid pusher Insys files for bankruptcy. (NYT)
  • Trump said he was “a little bit concerned” about Raytheon/United Technologies merger. (Washington Post)
  • Will California strengthen its data protection laws? Not if Big Tech can help it. (Bloomberg)
Categories
Trekking Through Compliance

Trekking Through Compliance-Episode 9-Dagger of the Mind


In this episode of Trekking Through Compliance, we consider the episode Dagger of the Mind which aired on November 3, 1966, Star Date 2715.1.
The Enterprise makes a supply run to planet Tantalus V, a colony where the criminally insane are confined for treatment. The facility’s director is Dr. Tristan Adams, a psychiatrist famous for advocating more humane treatment of such patients. After the Enterprise delivers supplies and receives cargo from Tantalus, a man emerges from the container taken aboard and assaults a technician. Reaching the bridge, the intruder demands asylum, but Spock subdues him with a Vulcan nerve pinch. In sickbay, the intruder identifies himself as Simon van Gelder, and a computer check reveals that he is not a patient, but Dr. Adams’ assistant.
On the Enterprise van Gelder becomes increasingly frantic, warning that the landing party is in danger. Spock learns that the neural neutralizer can empty a mind of thoughts, leaving only an unbearable feeling of loneliness and that Adams has been using it on inmates and staff to gain total control of their minds.
Kirk decides to test the neutralizer on himself, with Noel at the controls. Adams appears, overpowers Noel, seizes the controls, increases the neutralizer’s intensity, and proceeds to convince Kirk that he has been madly in love with Noel for years. Adams inadvertently reactivates the neural neutralizer, emptying his mind completely, killing him. Back on the Enterprise, Kirk is informed that van Gelder has destroyed the neural neutralizer. McCoy is surprised that loneliness could be lethal, but Kirk, after his experience, is not.

Compliance Takeaways:
  1. Be careful at Christmas parties.
  2. How do you test new protocols?
  3. How you treat your direct reports is critical for your success as a CCO.
Resources
Excruciatingly Detailed Plot Summary by Eric W. Weisstein for Daggerof the Mind
MissionLogPodcast.com-Daggerof the Mind
Categories
Daily Compliance News

Daily Compliance News: June 10, 2019, the double secret probation issue edition

In today’s edition of Daily Compliance News:

  • Corruption caused the death of 250 schoolchildren in South Korea. Has anything changed? (NYT)
  • Leaders must know how to manage up as well as down. (FT)
  • Administration efforts to gut banking regs falls flat. (WSJ)
  • Is double secret probation coming for Mexico? (Slate)