Is compliance solely about adhering to legal standards, or does it also play a role in driving business efficiency?
This question is central to the latest episode of the Career Can Do podcast, where host Mary Ann Faremouth engages with Tom Fox, the innovative founder of the Compliance Podcast Network. Their conversation explores the evolving world of compliance programs and the transformative impact of podcasting.
Tom Fox, a leading authority in anti-corruption and anti-bribery compliance, shares his valuable insights into why businesses must continuously update their compliance strategies. The shift to remote work, accelerated by the COVID-19 pandemic, exposes the inadequacies of compliance programs designed a decade ago. Tom emphasizes that today’s fast-changing risk environment requires a proactive and adaptive approach to compliance.
A major focus of their discussion is the Foreign Corrupt Practices Act (FCPA), a crucial tool in combating global bribery and corruption. Tom underscores the importance of strong compliance frameworks, especially in high-risk sectors like energy, where effective risk management is essential.
Tom’s personal journey is equally inspiring. After a severe bike accident, he transforms this challenge into an opportunity for growth, using his resilience to build a successful global practice from home. His story illustrates how adversity can become a powerful catalyst for professional success.
Podcasting also plays a significant role in Tom’s career, providing a platform to enhance his brand and open new business opportunities. Both Tom and Mary Ann champion the power of podcasting, highlighting its potential to establish thought leadership, build professional brands, and create meaningful connections within the industry. They encourage professionals and businesses to use podcasting as a strategic career and business growth tool.
For those interested in tapping into Tom’s expertise or exploring podcasting for their ventures, he offers multiple ways to connect, including email, LinkedIn, and his website. This episode of Career Can Do is essential listening for anyone looking to navigate the complexities of compliance and leverage the transformative power of podcasting.
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