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FCPA Compliance Report

FCPA Compliance Report – The 2024 ECCP on Data-Driven Culture and Engagement

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this edition, Tom Fox visits with Sam Silverstein on how compliance professionals should view the new DOJ mandate on using data to assess, manage, and improve corporate culture through data-driven compliance. The Culture Audit sponsors this podcast.

In this comprehensive discussion, Tom Fox and Sam Silverstein delve into the 2024 Update to the Evaluation of Corporate Compliance Programs (ECCP) by the DOJ. Released in September, this latest update emphasizes the importance of data analytics, culture, engagement, and trust in compliance programs. With a detailed breakdown of over 250 questions posed by the ECCP, Tom and Sam provide valuable insights on how companies can benchmark their compliance programs and prepare for potential investigations. They highlight the role of a culture audit in addressing the DOJ’s requirements, offering a detailed look into how organizations can measure and improve their compliance culture. This webinar educates compliance professionals on the latest DOJ expectations and provides practical tools and methodologies to enhance corporate compliance efforts.

Highlights in this episode:

  • Importance of Culture and Data Analytics
  • Leveraging Data for Compliance
  • Measuring and Improving Culture
  • Data-Driven Culture of Compliance
  • Understanding and Utilizing Culture Audit Data
  • Forward Steps for a Stronger Culture

Resources:

Culture Audit

Set up a call to discuss the Culture Audit, click here

Sam Silverstein and the Accountability Institute

Sam Silverstein on LinkedIn 

Tom Fox

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Creativity and Compliance

Creativity and Compliance: Engaging Compliance – From Training to Values

Where does creativity fit into compliance? In more places than you think. Problem-solving, accountability, communication, and connection – they all take creativity. Join Tom Fox and Ronnie Feldman on Creativity and Compliance, part of the award-winning Compliance Podcast Network.

Ronnie’s company, Learnings and Entertainment, utilizes the entertainment devices that people use to consume information in their everyday, non-work lives, and apply it to important topics around compliance and ethics. It is not only about being funny. It is about changing the tone of your compliance communications and messaging to make your compliance program, policies and resources more accessible.

In this episode of ‘Creativity and Compliance,’ Tom and Ronnie discusses recent updates to the Evaluation of Corporate Compliance Programs (ECCP). The focus is on enhancing the effectiveness of compliance training and communication. Key insights include the importance of tailoring training to employees’ needs, interests, and values, and the necessity of frequent, targeted communication to keep employees engaged. The discussion highlights the shift from rule-based to values-based training and explores innovative ways to present content, such as using real-world events or creating engaging dialogues. Additionally, the podcast emphasizes the need for qualitative measures to assess training engagement and underscores the DOJ’s evolving standards that align with effective compliance practices.

Key Highlights:

  • Engaging Compliance Training with Personalized Content
  • Engaging Compliance Training through Real Scenarios
  • Enthusiastic Commitment to Ongoing Dialogue
  • Engaging Human-centric Communication and Training Methods

Resources:

Ronnie

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Creativity and Compliance

Creativity and Compliance: Reels and Shorts

Where does creativity fit into compliance? In more places than you think. Problem-solving, accountability, communication, and connection—they all take creativity.

Join Tom Fox and Ronnie Feldman on Creativity and Compliance, part of the award-winning Compliance Podcast Network.

Ronnie’s company, Learnings and Entertainment, utilizes the entertainment devices that people use to consume information in their everyday, non-work lives and applies it to important topics around compliance and ethics. It is not only about being funny. It is about changing the tone of your compliance communications and messaging to make your compliance program, policies, and resources more accessible.

Today Ronnie and Tom consider how Reels and Shorts can be used by compliance for great engagement and compliance communications.

In today’s digital era, the concept of utilizing social channels for communication is gaining significant momentum. Fox, a strong advocate for the use of social channels, believes in integrating elements of pop culture and millennial trends into corporate communication efforts to ensure the message is not only informative but also entertaining. Such strategies can enhance visibility, influence, and the overall effectiveness of compliance programs.

Similarly, Ronnie emphasizes the need to adapt to modern communication trends, such as the use of short, engaging videos akin to those found on platforms like TikTok and YouTube. Incorporating fun and interesting videos into communication strategies can help break down barriers, increase engagement, and ultimately improve the effectiveness of compliance training and messaging.

Both these experts highlight the importance of simplifying messages, adding entertainment value, and distributing content in various places to increase visibility and influence within the organization.

Key Highlights:

  • Engaging Short Videos for Corporate Communication Strategy
  • Engaging Corporate Communications Through Multimedia Tactics
  • Engaging Compliance Programs for Organizational Influence

Resources:

Ronnie

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For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Creativity and Compliance

Creativity and Compliance: Global Engagement Strategies

Where does creativity fit into compliance? In more places than you think. Problem-solving, accountability, communication, and connection all require creativity. Join Tom Fox and Ronnie Feldman on Creativity and Compliance, part of the award-winning Compliance Podcast Network.

Ronnie’s company, Learnings and Entertainment, utilizes the entertainment devices that people use to consume information in their everyday, non-work lives, and applies it to important topics around compliance and ethics. It is not only about being funny. It is about changing the tone of your compliance communications and messaging to make your compliance program, policies, and resources more accessible.

Today Ronnie and Tom consider global engagement strategies for a multi-national corporation.

Global engagement strategies encompass a broad and evolving discipline that requires innovative and adaptive mechanisms to effectively connect with a diverse, multinational workforce. Tom highlights the limitations of a “one size fits all” approach and the importance of incorporating engaging elements such as humor and entertainment in global engagement strategies. His perspective is shaped by the belief that it is more effective to tailor content to specific audiences, thus cultivating a library of diverse and engaging content.

Ronnie emphasizes the significance of employing a variety of creative and entertaining approaches, including humor, animation, music, and interactive elements. His experiences underline the notion that traditional methods may not always be the most effective and that leveraging different tools, even if it involves taking risks, can lead to a greater understanding and engagement in a global context.

Key Highlights:

  • Creative Engagement Techniques for Global Workforce
  •  Global Resonance: Music in Communication Strategies
  • AI-Enabled Multilingual Content Transformation
  • AI Subtitling: Cost-Efficient Global Content Localization

Resources:

Ronnie

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For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Compliance Tip of the Day

Compliance Tip of the Day: Podcasting for Compliance

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In this episode, we advocate for corporate podcasting for compliance.

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Creativity and Compliance

Creativity and Compliance – Compliance Training: Completion Rates vs Engagement

Where does creativity fit into compliance?

In more places than you think. Problem-solving, accountability, communication, and connection—they all take creativity. Join Tom Fox and Ronnie Feldman on Creativity and Compliance, part of the award-winning Compliance Podcast Network.

Ronnie’s company, Learnings and Entertainment, utilizes the entertainment devices that people use to consume information in their everyday, non-work lives and applies them to important topics around compliance and ethics. It is not only about being funny. It is about changing the tone of your compliance communications and messaging to make your compliance program, policies, and resources more accessible. Today Ronnie and Tom rant about the fallacy of compliance training completion rates.

The importance of engagement over completion rates in compliance training programs is a topic that has been gaining traction in recent times. The traditional focus on completion rates is being challenged, with experts advocating for a shift towards more engaging and interactive training methods. Tom Fox, a seasoned compliance professional, argues that completion rates are not as important as many organizations perceive them to be. He believes that a singular focus on completion rates can lead to lackluster programs, and instead, engagement should be prioritized. Similarly, Ronnie Feldman, an expert in education and communication strategies, emphasizes that while completion rates have a role, they should not be the primary measure of success. Feldman advocates for a greater focus on engagement, arguing that without it, individuals are not truly learning or benefiting from the training.

Both Fox and Feldman’s perspectives are shaped by their extensive experience in the field, leading them to suggest that organizations should minimize the importance of completion rates and instead invest in initiatives that drive meaningful engagement.

 

Key Highlights:

  • Engaging Training for Effective Compliance Education
  • Interactive Training for Effective Compliance Programs
  • Engaging Micro Learning for Compliance Programs
  • Engaging Compliance Training with Fun Activities

Resources:

Ronnie

  • Learnings & Entertainments (Website)
  • Compliance Confessions – inspired by “Mean Tweets,” these 90-second commercials address misconceptions and excuses to promote the speak-up culture and the E&C team as positive and helpful.
  • E&C Training Jams – a soulful singer who banters with ethics & compliance, explaining policies, sharing examples, and debunking excuses. 
  • Tales from the Hotline – Real speak up-themed stories about workplace behavior gone wrong.
  • Workplace Tonight Show! – E&C meets SNL Weekend Update, explaining corporate risk topics and why employees should care.
  • 60-Second Communication & Awareness Shorts – A variety of short, customizable, music and multimedia, quick-hitter “commercials” promoting integrity, compliance, speaking up, and the E&C team as helpful advisors and coaches.
  • Custom Live & Digital Programing – Custom creative programming that balances the seriousness of the subject matter with a more engaging delivery. After all, you can’t bore people into learning.

Tom

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For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.