Adrienne Bellehumeur Archives - Compliance Podcast Network

FCPA Compliance Report – Adrienne Bellehumeur on The 24-Hour Rule: Mastering Dynamic Documentation

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. Join Tom Fox, the host of FCPA Compliance Report, as he speaks with Adrienne Bellehumeur, a consultant specializing in business analysis, audit, internal control programs, and effective documentation. In this episode of the FCPA Compliance Report, they discuss the secrets to smarter organizations and the importance of the 24-hour rule for documenting and retaining information. Adrienne, author of “The 24-Hour Rule,” provides practical and comprehensive techniques for dynamic documentation and pushes individuals and organizations forward through a six-step process. The discussion also covers the challenges of managing information in communication tools like Slack and WhatsApp and the need for clear repositories for future value and legal purposes. Take advantage of this informative episode and get your hands on Adrienne’s book now!

Key Highlights:

· The 24-Hour Rule: Importance of Documentation

· Dynamic documentation for managers and directors

· Mastering Successful Documentation: The Six Steps

· Effective Documentation and Data Governance

· Effective Information Management in Communication Tools

Notable Quotes:

“The 24-hour rule is what I think is the golden rule of documentation, and it’s very simple.”

“All documentation should drive back to actually pushing you personally or your organization or your team forward into a forward state to take forward action.”

“Documentation is about, and I actually believe, it’s a problem-solving technique.”

“My book is effectively a framework for better documentation where companies can assess where they’re at, look through what they have, look at I have standards I’ve developed as well.”

Resources

Adrienne Bellehumeur on LinkedIn

Tom Fox

Entrepreneurship and Risk Management with Adrienne Bellehumeur

Tom Fox’s guest in this episode of Innovation In compliance is Adrienne Bellehumeur. They discuss the significance of gap analysis in the design of internal controls, and why having a thorough understanding of design is critical to the success of gap analysis. They emphasize the importance of continuous improvement and avoiding a “pass-fail” approach to internal control programs. Adrienne also shares her five principles for creating high-value compliance programs.

Adrienne Bellehumeur is the Director and Co-owner of Risk Oversight, a firm specializing in internal controls, internal audit, and compliance programs. She has written a book called The 24-Hour Rule and Other Secrets for Smarter Organizations: Including the 6 Steps of Dynamic Documentation, which is set to be published on March 7th and is geared towards managers who are seeking solutions through documentation. This book aims to provide a fun and foundational approach to documentation for the modern knowledge workforce and is the first mass-market book on documentation best practices.

Some of the key points discussed during the show include:

Adrienne’s background and current role at her company, Risk Oversight, which specializes in delivering services to mid-sized oil and gas companies in the engineering sectors.
The purpose of gap analysis is to identify areas for improvement in processes and controls to support operational effectiveness.
Adrienne’s belief that internal controls should focus on good habits, accountability, and continuous improvement rather than just ticking boxes.
How Risk Oversight helps companies fulfill their obligation of oversight by providing entity-level control review and understanding best practices in governance.
The two best practices for board minutes, the “Goldilocks principle” and the “business judgment rule.”
The Caremark doctrine in Delaware and the importance of documentation of major risk management decisions.
Adrienne’s book The 24-Hour Rule, which is a mass-market book on documentation aimed at managers looking to solve problems through documentation and is applicable to various industries.