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SBR - Authors' Podcast

SBR Authors Podcast – Hal Hershfield, Your Future Self – Part 1

Welcome to the Sunday Book Review, the Authors Podcast! In this episode, Tom is joined by colleague Earnie Broughton. Join Tom and Earnie as they interview Hal Hershfield, author of Your Future Self, on Sunday Book Review-Author’s Edition. Delve into the psychology of decision-making and the importance of understanding present and future selves. Listen in as they discuss how organizational identity influences risk and ethical decisions and how the concept of multiple selves relates to integrity and making ethical decisions. Discover the neuroscience behind thoughts about one’s future self and how forgiveness and self-forgiveness can overcome procrastination. Learn how a connection to one’s future self can affect ethical behavior in an organizational context and find practical ways to bring ethics and compliance into workplace programs. Make sure to catch the release date of Hershfield’s upcoming book and where to find his research. Tune in now for an engaging and thought-provoking conversation!

Key Highlights Include:

·      Inaccurate Self-Prediction in Organizations

·      Collective Identity and Ethical Decision Making

·      Challenges of Future Self Concept

·      Importance of Future Self in Decision Making

·      Visualization, Procrastination, and Forgiveness

·      Connection to Future Self and Ethical Behavior

·      Ethical Behavior and Personal Values

 Notable Quotes:

“People who have a stronger sense of connection to their future selves end up doing more of the stuff that they say they want to do, saving more, for instance, reporting higher levels of subjective health.”

“If an organization has a strong collective identity and sees itself almost as a person would over time, then you might imagine if the employee is there and the decision makers there, I buy into that identity, and they feel strongly about where the organization will go in the future, then I could imagine that level of connection will be an important input into these risk decisions, ethical decisions.”

“The essential self. The one that is continuous over time that others see as these moral traits that you’re talking about…I think that relates to the ethics topic of integrity integration and bringing those disparate parts in the resonance.”

“Our future selves evoke similar activity patterns as thoughts about others. In the brain, our future selves look like other people.

Resources

Hal Hershfield

Hal Hershfield at UCLA

Your Future Self

Tom Fox

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Facebook

YouTube

Twitter

LinkedIn

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Because That's What Heroes Do

Because That’s What Heroes Do – Firefly – Episode 2, The Train Job

Megan and I go in a different direction for our next sci-fi series as we take up the 2002 series Firefly. The show is an American space Western drama television series. The series is set in the year 2517, after the arrival of humans in a new star system, and follows the adventures of the renegade crew of Serenity, a “Firefly-class” spaceship. The ensemble cast portrays the nine characters who live on Serenity.

Get ready to ride the space rails with hosts Tom Fox and Megan Dougherty in the latest episode of Because That’s What Heroes Do. In this new adventure, the duo dives into the second episode of Firefly, “The Train Job.” Discover new insights on the classic Western trope of using spaceships to rob trains, meet the ruthless villain, Niska, and learn about the value of money in the show. Explore the crew’s willingness to do anything for a quick buck and how their ethical issues rear their heads. Get excited to hear the hosts’ thoughts on the crew’s botched cover story and the extreme consequences of stealing valuable medicine. Join in on the conversation as they discuss the perils of TerraForming and the failures of the Alliance. Plus, stick around for their thoughts on an episode with the perfect blend of Western and sci-fi themes. Tune in to Because That’s What Heroes Do and get swept away in this space western adventure!

Highlights:

  • Firefly’s Train Job: Classic Western trope with a twist
  • Train Robbery and Terraforming Consequences
  • Controversy Surrounding Shipping Homeless People

 Resources

Megan Dougherty 

LinkedIn

One Stone Creative

Twitter

Tom 

Instagram

Facebook

YouTube

Twitter

LinkedIn

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Compliance Week Conference Podcast

Compliance Week 2023 Speaker Series – Jisha Dymond on Managing Ethical AI Risk

In this episode of the Compliance Week 2023 Speaker Preview Podcasts series, Jisha Dymond discusses her panel at Compliance Week 2023, “The Role of Corporate Compliance Programs in Managing Ethical AI Risk.”

Join Jisha and her fellow panelists as they discuss the following:

  • Understanding the current Ethical AI regulatory environment;
  • Examining how corporate compliance teams are equipped with the infrastructure necessary to implement programs to manage risk around new regulatory regimes such as risk assessments, policies, procedures, monitoring, and testing; and
  • Exploring whether translating an Ethical AI regulatory compliance model into a corporate compliance framework is impossible or inevitable.

I hope you can join me at Compliance Week 2023. This year’s event will be May 15-17 at the JW Marriott in Washington, DC. The line-up of this year’s event is simply first-rate, with some of the top ethics and compliance practitioners around.

Gain insights and make connections at the industry’s premier cross-industry national compliance event offering knowledge-packed, accredited sessions and take-home advice from the most influential leaders in the compliance community. Back for its 18th year, compliance, ethics, legal, and audit professionals will gather safely face-to-face to benchmark best practices and gain the latest tactics and strategies to enhance their compliance programs. And many others to:

  • Network with your peers, including C-suite executives, legal professionals, HR leaders, and ethics and compliance visionaries.
  • Hear from 75+ respected cross-industry practitioners who are CEOs, CCOs, regulators, federal officials, and practitioners to help inform and shape the strategic direction of your enterprise risk management program.
  • Hear directly from the two SEC Commissioners, gain insights into the agency’s enforcement areas, and walk away with guidance on remaining compliant within emerging areas such as ESG disclosure, third-party risk management, cybersecurity, cryptocurrency, and more.
  • Bring actionable takeaways from your program from various session types, including ESG, Human Trafficking, Board obligations, and many others, for you to listen, learn and share.
  • Compliance Week aims to arm you with information, strategy, and tactics to transform your organization and career by connecting ethics to business performance through process augmentation and data visualization.

For information on the event, click here. Listeners of this podcast will receive a discount of $200 by using code TF200 on the link here.

Categories
Daily Compliance News

Daily Compliance News: May 4, 2023 – The 5% of Global GDP Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition:

  • Senate panel explores ethics at Supreme Court. (Reuters)
  • Poloniex pays $7.6MM for sanctions violations. (WSJ)
  • Corrupt costs the world 5% of global GDP. (UN)
  • B-Corp attracts better talent. (BBC)
Categories
Principled Podcast

Season 9 Episode 5 – How Company Principles and Values Make Compliance Simple?

What you’ll learn on this podcast episode?

What is the most effective way to help employees make ethical and compliant decisions regardless of the different situations they face? Should they consult a lengthy list of rules and try to find one that fits the situation? Or can they be trusted to apply critical principles that embed company values? In this episode of the Principled Podcast, host Susan Divers talks with Dana McMahon, the vice president and chief compliance officer of Stryker, about how her team works to empower and help its employees live the medical device company’s mission and values. Their secret? Simplicity. 

Guest: Dana McMahon

Principled_Podcast_Dana_McMahon_Guest

Dana McMahon leads global compliance, privacy, and enterprise risk at Stryker. Prior to her current role, Dana served as Chief Legal Counsel and led a global legal and compliance team advising on regulatory and quality, manufacturing and supply, technology and cybersecurity, commercial and government contracting, and privacy.

Dana has 20 years of experience in the life sciences industry. She joined Stryker in 2017 from Novo Nordisk, where she served as Assistant General Counsel. During her 14-year career at Novo Nordisk, Dana held several positions of escalating responsibility within the legal team, overseeing support to the commercial, regulatory, clinical, medical affairs, compliance, and government affairs organizations. Dana has worked extensively on matters related to product development and commercialization, market access and compliance. Previously, Dana worked in private practice at O’Melveny in New York City.

Dana received her law degree from New York University School of Law and her bachelor’s degree from Hamilton College.

Host: Susan Divers

Headshot_Susan_S7E18

Susan Divers is the director of thought leadership and best practices with LRN Corporation. She brings 30+ years’ accomplishments and experience in the ethics and compliance arena to LRN clients and colleagues. This expertise includes building state-of-the-art compliance programs infused with values, designing user-friendly means of engaging and informing employees, fostering an embedded culture of compliance, and sharing substantial subject matter expertise in anti-corruption, export controls, sanctions, and other key areas of compliance.

Prior to joining LRN, Mrs. Divers served as AECOM’s Assistant General for Global Ethics & Compliance and Chief Ethics & Compliance Officer. Under her leadership, AECOM’s ethics and compliance program garnered six external awards in recognition of its effectiveness and Mrs. Divers’ thought leadership in the ethics field. In 2011, Mrs. Divers received the AECOM CEO Award of Excellence, which recognized her work in advancing the company’s ethics and compliance program.

Before joining AECOM, she worked at SAIC and Lockheed Martin in the international compliance area. Prior to that, she was a partner with the DC office of Sonnenschein, Nath & Rosenthal. She also spent four years in London and is qualified as a Solicitor to the High Court of England and Wales, practicing in the international arena with the law firms of Theodore Goddard & Co. and Herbert Smith & Co. She also served as an attorney in the Office of the Legal Advisor at the Department of State and was a member of the U.S. delegation to the UN working on the first anti-corruption multilateral treaty initiative.

Mrs. Divers is a member of the DC Bar and a graduate of Trinity College, Washington D.C. and of the National Law Center of George Washington University. In 2011, 2012, 2013 and 2014 Ethisphere Magazine listed her as one the “Attorneys Who Matter” in the ethics & compliance area. She is a member of the Advisory Boards of the Rutgers University Center for Ethical Behavior and served as a member of the Board of Directors for the Institute for Practical Training from 2005-2008. She resides in Northern Virginia and is a frequent speaker, writer and commentator on ethics and compliance topics.

Categories
Sunday Book Review

January 22, 2023 – Top Ethics Books To Read in 2023 Edition

In the Sunday Book Review, I consider books that interest the compliance professional, the business executive, or anyone who might be curious. It could be books about business, compliance, history, leadership, current events, or anything else that might interest me. In today’s edition of the Sunday Book Review, we consider some of the top ethics books which every compliance professional should read in 2023:

·       Ethics for Behavior Analysts by Jon Bailey and Mary Burch

·        Stoic Philosophy and the Control Problem of AI Technology: Caught in the Web by Edward Spence

·       The Rise of Business Ethics by Bernard Mees

·        Business Ethics for Better Behavior by Jason Brennan, William English, John Hasnas, and Peter Jaworski

Resource

20 Best New Ethics Books To Read In 2023 by Annemarie Slaughter

Categories
Principled Podcast

Season 8 – Episode 11 – Part 1: Geopolitics are Impacting Workplace Ethics and Compliance Programs

What you’ll learn on this podcast episode

As the world emerges from a pandemic mindset, we confront new geopolitical realities with Putin’s war in Ukraine and increasingly fraught relations between the US and China. How is this geopolitical landscape changing the compliance landscape? In this episode of the Principled Podcast, host Susan Divers is joined by Tom Fox, the founder of the Compliance Podcast Network and aptly accredited “Voice of Compliance.” Listen in as the two discuss the impact of geopolitics on ethics and compliance and what issues should be top-of-mind for E&C leaders in the near future.

To learn more, download a copy of Tom Fox’s white paper Never the Same: Five Key Areas in Which Business Will Never Be the Same After the Russian Invasion.

Guest: Tom Fox

Tom_Fox_grayscale

Tom Fox is literally the guy who wrote the book on compliance with the international compliance best-seller The Compliance Handbook, 3rd edition, which LexisNexis released in May 2022. Tom has authored 23 other books on business leadership, compliance, ethics, and corporate governance, including the international best-sellers Lessons Learned on Compliance and Ethics and Best Practices Under the FCPA and Bribery Act, as well as his award-winning series “Fox on Compliance.”

Tom leads the social media discussion on compliance with his award-winning blog and is the Voice of Compliance, having founded the Compliance Podcast Network and hosting or producing multiple award-winning podcasts. He is an executive leader at the C-Suite Network, the world’s most trusted network of C-Suite leaders. He can be reached at tfox@tfoxlaw.com.

Host: Susan Divers

Susan_Divers_Principled_Podcast

Susan Divers is the director of thought leadership and best practices with LRN Corporation. She brings 30+ years of accomplishments and experience in the ethics and compliance arena to LRN clients and colleagues. This expertise includes building state-of-the-art compliance programs infused with values, designing user-friendly means of engaging and informing employees, fostering an embedded culture of compliance, and sharing substantial subject matter expertise in anti-corruption, export controls, sanctions, and other key areas of compliance.

Prior to joining LRN, Mrs. Divers served as AECOM’s Assistant General for Global Ethics & Compliance and Chief Ethics & Compliance Officer. Under her leadership, AECOM’s ethics and compliance program garnered six external awards in recognition of its effectiveness and Mrs. Divers’ thought leadership in the ethics field. In 2011, Mrs. Divers received the AECOM CEO Award of Excellence, recognizing her work advancing the company’s ethics and compliance program.

Before joining AECOM, she worked at SAIC and Lockheed Martin in the international compliance area. Before that, she partnered with the DC office of Sonnenschein, Nath & Rosenthal. She also spent four years in London and is qualified as a Solicitor to the High Court of England and Wales, practicing in the international arena with Theodore Goddard & Co. and Herbert Smith & Co law firms. She also served as an attorney in the Office of the Legal Advisor at the Department of State. She was a member of the U.S. delegation to the UN, working on the first anti-corruption multilateral treaty initiative.

Mrs. Divers is a member of the DC Bar and a graduate of Trinity College, Washington D.C., and of the National Law Center of George Washington University. In 2011, 2012, 2013, and 2014 Ethisphere Magazine listed her as one of the “Attorneys Who Matter” in the ethics & compliance area. She is a member of the Advisory Boards of the Rutgers University Center for Ethical Behavior and served as a member of the Board of Directors for the Institute for Practical Training from 2005-2008. She resides in Northern Virginia and is a frequent speaker, writer, and commentator on ethics and compliance topics.

Categories
Sports and Compliance

The Brooklyn Nets and a Cultural Trainwreck

Welcome to the inaugural episode of Sports and Compliance. For the longest time, I have wanted to have a podcast on the intersection of Sports and the World of Compliance and Ethics, both for those stories as the play out on the Sports Page and for the lessons they provide to business executives and compliance professionals. In this podcast series, I am joined by one of the top compliance commentators around, Stephen Martin, CCO at Skillsoft. Together will use our love of sports and competition to discuss current ethical issues in sports, look at compliance through a sports lens and determine how the world of sports and its stories can be a guide for the compliance professional.

In this inaugural episode, we consider the ethical and cultural trainwreck which is the 2022 Brooklyn Nets. From a star player who tweets about antisemitic movies and tropes, to a ham-handed firing of their head coach, to the courting of a replace who is a currently suspended NBA coach to replace him (as in suspended for violation of a team’s sexual harassment rules); the Nets are as close to an ethical trainwreck as we have recently seen. Find out what leadership and compliance lessons there are to be garnered this series of very self-inflicted ethical wounds.

Resources:

Tom in the FCPA Compliance and Ethics Blog

Categories
Blog

The Nets and a Failure of Corporate Culture

What is corporate culture? What are ethical values? What is integrity at your organization? All of these questions are critical to the success of any business. Unfortunately, we usually see the answers to these questions play out in the negative. This week the Brooklyn Nets hit the trifecta of negative answers to all the above.

It all started out with a tweet from that noted freethinker (i.e., flatworlder & anti-vaxxer) Kyrie Irving who, according to Rolling Stone magazine, took to Twitter to boost a movie and book, Hebrews to Negroes, stuffed with antisemitic tropes. The movie espouses ideas in line with more extreme factions of the Black Hebrew Israelites, which have a long history of misogyny, homophobia, xenophobia, Islamophobia, and especially antisemitism. If that was not bad enough, when asked to explain himself in a post-game press conference, Irving was shocked, shocked that anyone would question him, saying according to ESPN, he “does not believe he did anything wrong in promoting an antisemitic film and book on his social media accounts.”

The condemnation was swift from the Nets and other National Basketball Association (NBA) players. According to Rolling Stone, as an organization, “The Brooklyn Nets strongly condemn and have no tolerance for the promotion of any form of hate speech. We believe that in these situations, our first action must be open, honest dialogue. We thank those, including the ADL, who have been supportive during this time.” The Nets owner Joe Tsai also issued a statement Friday night on Twitter expressing, “I’m disappointed that Kyrie appears to support a film based on a book full of anti-Semitic disinformation. I want to sit down and make sure he understands this is hurtful to all of us, and as a man of faith, it is wrong to promote hate based on race, ethnicity or religion.” He added, “This is bigger than basketball.”

Nets (then-more on that below) coach Steve Nash said in Basketball News, “”I just hope that we all go through this together,” Nash said before the Nets game against the Indiana Pacers. “There’s always an opportunity for us to grow and understand new perspectives. “I think the organization is trying to take that stance where we can communicate through this. And try to all come out in a better position and both more understanding and more empathy for every side of this debate and situation,” Nash added.”

According to SI.com, “the Inside the NBA crew of Ernie Johnson, Charles Barkley, Kenny Smith and Shaquille O’Neal had strong opinions on the” tweet and events.  “Barkley and O’Neal didn’t pull any punches in ripping Irving, with both hosts referring to him as “an idiot.” Barkley expressed his disappointment that the NBA didn’t suspend Irving, while Shaq called out Irving.”

What does a company do when one of its top producers lays out an antisemitic tweet? Why of course it fires the coach. Of course, the Nets said was it was based on the team’s abysmal start. GM Sean Marks said, “a change is necessary at this time. ESPN noted “it’s exceptionally rare for an NBA coach to be let go on a game day, much less roughly 12 hours after a win (the Nets beat the Indiana Pacers 116-109 on Monday night). Marks explained the business decision had been in the works for days. If the timeline he refers to here is accurate, these conversations would have actually started only a few days into the 2022-23 regular season.” Although Marks said the players had no input into the decision to fire Nash, nothing gets done on the Nets without the input of its star player Kevin Durant. In other words, Irving puts out an antisemitic tweet and the coach is fired. All of that sounds like NCAA enforcement back in the day where when Ohio State was caught violating the recruiting rules, Western Kentucky got put on probation.

But it even gets worse from a culture, reputational and integrity perspective next. Apparently, the Nets are aiming to hire the suspended Boston Celtics head coach Ido Udoka. Udoka was suspended before the season started, according to The Athletic for “having an intimate relationship with a female member of the Celtics organization. The Celtics front office determined Udoka’s actions were unacceptable, and he was unfit to coach the team he had just led to the NBA Finals. They suspended the second-year coach for the entirety of the 2022-23 season.”

The Athletic (and even WOJ) reported that Udoka is on the verge of being awarded the same job in a different organization, not even two months into his suspension. The article went on to ask, “And what about the Nets? Did they even think about the women who work in their organization and how they would be affected by such a hire? Hiring Udoka is a slap in the face to all of those women and women everywhere.”

What is the culture of the Nets? I went to the Nets website to review their Code of Conduct but it is entitled, NBA Fan Code of Conduct. No policy on harassment, discrimination or anything else. Even the Houston Astros had a policy against abuse towards women when they decided it only applied to Astros players and not players from other teams when they traded for Roberto Osuna.

Where is the NBA in all of this? Nowhere to be seen apparently. Once again, I went to the NBA website and no public facing Code of Conduct for itself or its teams.

What does all of this say about the culture, ethics and integrity of the Net? I will leave you to conjugate on that question. What would you do when a top producer violates an accepted norm by supporting a clearly antisemitic movie? Do you think he can claim that there was nothing in the Code of Conduct about it as the Nets apparently have no Code of Conduct? What does it say about its romancing of a new head coach who is currently under suspension for having an inappropriate relationship with a female team employee that the Celtics considered a violation of the team’s organizational guidelines. What will it mean for female employees? Will or even can they ever trust him?

And everyone thought the culture of the Washington Football Team was the worst in sports.

Categories
Great Women in Compliance

GWIC x The Ethics Experts-Lisa’s Episode

Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley.

As Lisa and Mary prepare for the end of 2022 with their fall hiatus, they thought they would mix it up by posting their Ethics Experts episodes.  We’ve heard from Mary, and now it’s Lisa’s turn.  In 2021, Lisa finally met Nick Gallo in person at the SCCE conference, and they talk about how they became “conference BFFs.”  In the episode, they talk about the importance of ethical decision-making and how to empower employees to do that.  In particular, they also discuss how to grow and stretch yourself by doing things that scare you, and that’s where Lisa committed to her annual solo episode.

The release date is also the last day of the 2022 SCCE CEI, and Mary and Lisa will be back next week with their joint episode which will include some event highlights.

The Great Women in Compliance podcast is excited to look at topics like this one, and we are always open to suggestions for guests.

The Great Women in Compliance Podcast is on the Compliance Podcast Network with a selection of other Compliance related offerings.  If you are enjoying this episode, please rate it on your preferred podcast player to help other likeminded Ethics and Compliance professionals find it.  If you have a moment to leave a review at the same time, Mary and Lisa would be so grateful.

You can also find the GWIC podcast on Corporate Compliance Insights where Lisa and Mary have a landing page with additional information about them and the story of the podcast.  Corporate Compliance Insights is a much-appreciated sponsor and supporter of GWIC, including affiliate organization CCI Press publishing the related book; “Sending the Elevator Back Down, What We’ve Learned from Great Women in Compliance” (CCI Press, 2020). If you enjoyed the book, the GWIC team would be very grateful if you would consider rating it on Goodreads and Amazon and leaving a short review.

You can subscribe to the Great Women in Compliance podcast on any podcast player by searching for it and we welcome new subscribers to our podcast.

Join the Great Women in Compliance community on LinkedIn here.