What does it take to be an agent of change in #internalaudit?
The times they are a changing. Are you ready??
Well there’s nobody better to talk about this topic than Richard Chambers who wrote a book on the topic and has had a 46 year career in internal audit.
You probably know Richard from his years as President and CEO of the Institute of Internal Auditors #IIA, but listen to this episode to also find out what he’s up to now, and learn some other interesting things about Richard like his favorite Beatle, and the advice he’d give to the young Richard who was starting out in his career today.
So much good information you can learn when you listen to the entire #jammingwithjason #podcast at: http://www.jasonmefford.com/jammingwithjason/
Share this with everyone you know 🙂
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Episode 066 — Michele Wucker
In this episode of The Ethics Experts, Nick welcomes Michele Wucker, bestselling author of “The Gray Rhino” and “You Are What You Risk,” speaker, strategic advisor, and policy expert, to the show.
Charles Schwager is the Chief Compliance and Ethics Officer of Waste Management. Tom Fox describes his role as “one of the most unique CECO roles in compliance around”. Charles, Tom, and Valerie Charles discuss what Waste Management does differently, how the company managed the two major crises of 2020, and why more data may not necessarily be better.
Looking at Compliance Holistically
Charles explains that all departments at Waste Management work together to build a holistic compliance culture. “We are all partnering together to create a very strong and comprehensive culture of compliance and ethics, so we try not to have one area where it’s strong and others where it might be different. We really do try to make it collaborative, holistic and [there’s] a lot of teamwork involved that goes into that,” he tells Tom. Many of their 50,000 employees work on the field, and Charles explains how they foster a “two-way communication loop” for these team members using technology.
Handling COVID and Social Injustice
Tom asks Charles, “… you asked your compliance team to look at reporting data and perhaps see if there were some new or different insights you might be able to gain from that data. Could you describe the process you and your team went through?” Charles responds that their workforce is reflective of American society, so the two major issues that defined 2020 – COVID and the social justice movement – were reflected in the calls coming through their helpline. “When we saw that, we decided to create a special triage process around that so we could get out in front of that as quickly as possible, knowing that if it happened in one place it could be happening in others,” Charles remarks. He describes the tracking system they put in place to handle both crises. “We were fortunate to be on top of our helpline and utilize it in different ways like that. And the technology worked well for us to have visibility and be able to react to those things.” he points out.
Structured Collaboration
“I’m a believer in structured collaboration,” Charles remarks. Cross-functional and cross-departmental teams at Waste Management work together to keep up-to-date with compliance. Everyone needs to work together, Charles emphasizes: “it’s only as good as everyone working together and getting that buy in…” The leadership has to want it as well. Their company’s strong compliance culture is proof of this. For Charles, operationalizing compliance means getting everyone actively involved.
Using Data
Charles tells Valerie, “We really focus on a strong ‘Speak up, Listen up, Follow up’ culture.” He sees increased reporting as a natural result of their focus on building a vibrant compliance culture. Valerie asks his thoughts on whether data analytics will transform compliance in the future. He responds that it’s a good skill set to have in your organization and that he is always thinking about how to use data. However, he argues, “If you really don’t understand the data, it can create situations where people extrapolate or make conclusions that… are faulty.”
Resources
Charles Schwager on LinkedIn
Waste Management
In this Episode of the FCPA Compliance Report, I am joined by Greg Keating, well-known employment lawyer who focuses on whistleblower regulation and litigation. In this episode we take a look at the current state of whistleblower regulations, case law and recent SEC awards. Highlights include:
- Greg recently changed firms, moving to Epstein Becker & Green, P.C. He tells us about your new firm?
- Why was the whistleblower provision of the Anti-Money Laundering Act of 2020 so controversial?
- What are you counseling clients on regarding whistleblower claims under the Biden Administration?
- In addition to the AMLA of 2020, what other regulatory changes have you seen from the federal government regarding whistleblowers?
- Are there any court cases involving whistleblowers that have gotten your attention in 2021?
- 2002 was the Year of the Whistleblower with Sherron Watkins of Enron, Cynthia Cooper of WorldCom and Collen Rowley of the FBI. Could 2021 be in the running for such a designation?
- Why is listening to those employees who raise their hands and speak up so critical?
- Why is a proactive approach to whistleblowers so critical?
Resources
Greg Keating on LinkedIn
Epstein Becker & Green, P.C. firm profile
In today’s edition of Sunday Book Review:
- London War Notes, 1939-1945 By Mollie Panter-Downes
- Pogue’s War: Diaries of a WWII Combat Historian By Forrest C. Pogue
- Other Clay: A Remembrance of the World War II Infantry By Charles R. Cawthon
- Panzer Commander By Hans von Luck
Welcome to newest edition to the Compliance Podcast Network: From the Editor’s Desk, a podcast where Tom Fox and Dave Lefort, Editor in Chief at Compliance Week unpack some of the top stories which have or will appear in Compliance Week, look at top compliance stories, talk some sports and generally try to solve the world’s problems. In today’s inaugural, episode we take a look back at top stories in CW from May, the CW 2021 Conference, chat will Aly McDevitt, author of a 5-part special report on the VW Monitorship and talk some sports.
Welcome to a new season of Compliance Man. This season is called True or False? In this series, I am joined by Tim Khasanov-Batirov, a compliance practitioner who focuses on compliance at international markets for over 20 years. Based on his work experience at six countries as in house compliance officer Tim now consults senior managers and compliance officers globally on complex ethics and compliance matters. Tim is a co-founder of Compliance Club, an international community of practitioners. You can learn more about Tim, his Compliance Man illustrated series, a YouTube channel and request advice from him by clicking at Timur Khasanov-Batirov on Linked in.
In each podcast, we will take on a different issue with Tim; a hot, very often a very provocative topic from the corporate’s real life agenda and find out if is it true or false. It will be a tough and very straightforward talks. We invite you to participate in these discussions by commenting each podcast and proposing topics for True or False series. The most active listeners will be invited to join us. Let’s have a sincere conversation!
Today we will try to find out whether companies are eager to be ethical even if they do not feel pressure of potential investigation or regulatory sanctions. Highlights include:
- Enforcement practice establishes standards and principles that create a right compass, allowing not only to act ethically at person’s view but also to avoid sanctions for the company.
- Knowledge of applicable anticorruption laws, enforcement trends and ethical behaviors of top management lead to success.
- Do companies act more aggressively due to low risk of enforcement.
Join us for the next episode of Compliance Man: True or False? episode. If you disagree or wish to share your views on whistleblower topic please comment below. We will be glad to hear from you. Let’s have a sincere global conversation together.