In this episode, I visit with Erica Salmon Byrne, now CEO at Ethisphere. We review the firm’s recent acquisition by Alpine Investors, a B-Corp. Key areas we discuss on this podcast are:
Resources
Ethisphere Press Release
In this episode of the FCPA Compliance Report, I am joined by Erica Salmon Byrne, President of Ethisphere and Chair of the Ethisphere’s Business Ethics Leadership Alliance. Some of the highlights include:
1. Ethisphere announces the 2023 World’s Most Ethical application process.
2. What is the application process?
3. What is the Ethics Quotient and why is it such a useful measure?
4. What are the 5 categories of evaluation?
5. Why is going through the application process itself so useful?
6. How can a company use it as a benchmarking exercise?
7. How does the Ethisphere “The Sphere” interact with the application process?
8. What are the 6 archetypes of value creation?
Resources
World’s Most Ethical Companies application process, here
Erica Salmon Byrne is the President of Ethisphere and Chair of the Business Ethics Leadership Alliance. Ethisphere is a company that believes that companies that focus on building a sustainable business will outperform their peers that do not. Tom Fox welcomes her to this week’s show to talk about Ethisphere’s innovative new service called The Sphere.
What is The Sphere?
Tom asks Erica to describe The Sphere and why she is so excited about the launch. For more than 15 years, Ethisphere has been collecting data on the programmatic practices of the world’s most ethical companies through their questionnaire, called the Ethics Quotient, Erica explains. They realized a demand for solid benchmarking within the compliance space, and decided to democratize their data access. This was the birth of The Sphere – a subscription-based service that allows you to select the topic you are interested in getting data on and gain access to a multitude of resources.
Peer Data: A Powerful Tool
Tom asks Erica what makes peer data so important and powerful for a CCO. Whenever you’re going to make a business proposition, she replies, the first question you will be asked is ‘What are other people doing?’. Businesses want to compare their practices and progress to their peers’. This is to avoid being dubbed “a weak antelope” – you don’t necessarily want to be ahead of the pack, you just want to ensure that you have a functioning practice compared to your competitors. So how to determine you’re in that comfortable middle position of the pack? The answer is data analysis. When you present the relevant data to your CFO or compliance team, they tend to believe in your leadership and vision more.
Resources
Erica Salmon Byrne | LinkedIn | Twitter
In this episode of the FCPA Compliance Report, I welcome back Ethisphere President and Chair of the Business Ethics Leadership Alliance, Erica Salmon Byrne, who talks about an exciting new innovation and service offering called The Sphere. Through this offering and for the first time, Compliance Professionals can easily benchmark against the practices of companies with exceptional programs to identify gaps, benchmark and access a wealth of insights and resources to guide improvements.
Key areas we discuss on this podcast are:
Resources
Ethisphere
The Sphere
Erica Salmon Byrne on LinkedIn
In today’s edition of Daily Compliance News:
In this episode of the FCPA Compliance Report, I am joined by Andrew Neblett and Brian Beeghly, co-founders of Informed360 who recently joined forces with Ethisphere. Highlights of this podcast include:
Resources
Check out the upcoming webinar Turning Ethics and Compliance Insights into Action. Register at Ethisphere.com/events
In this Episode of the FCPA Compliance Report, I am joined by Erica Salmon Byrne, EVP at Ethisphere. We take a deep dive into Ethisphere’s 2021 WME report and white papers on the award-winning best practices in global compliance program management, 3rd party risk management and training and communication. Highlights of this podcast include:
Resources
Erica Salmon Byrne LinkedIn Profile
Ethisphere
2021 WME Awards
Leading Practices-Remotely Managing an Effective Global Program Effectively
Leading Practices-3rd Party Risk Management
Leading Practices-Training and Communications
Ethisphere 2021 Global Ethics Summit, registration and information here. Use Code tomfox15 for 15% discount.
As Ethisphere announces its World’s Most Ethical Company awards for 2021, Tom and Jay look at this week’s stories top compliance and ethics stories which caught their interest on This Week in FCPA.
Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.
In the Episode, I visit with Erica Salmon Byrne, EVP at Ethisphere, Governance and Compliance and Chair of the Business Ethics Leadership Alliance. In this podcast we discuss Ethisphere’s 2020 World’s Most Ethical company honorees. Some of the highlights include:
Resources
2020 World’s Most Ethical Companies® Honoree List
Ethisphere Press Release on 2020 WME awards
Letter from Ethisphere President Tim Erblich on 2020 WME awards
The Ethics Premium for 2020
Information on Ethisphere’s Gala Dinner celebrating 2020 WME honorees
MARCH 14, 2019 BY TOM FOX
In today’s edition of Daily Compliance News:
