Tag: For the World is Hollow and I Have Touched the Sky

Categories
Trekking Through Compliance

Trekking Through Compliance – Episode 63 – Continuous Monitoring from For the World is Hollow and I Have Touched the Sky

In this episode of Trekking Through Compliance, we consider the episode   For the World is Hollow and I Have Touched the Sky, which aired on November 1, 1968, Star Date Unknown.

McCoy calls Kirk to sick bay and informs him that the ship’s Chief Medical Officer (himself) has contracted an incurable fatal disease called xenopolycythemia and has only one year to live. However, McCoy assures Kirk he can still do his job until the end.

Suddenly, the Enterprise is attacked and diverts and determines their point of origin, an asteroid 200 km in diameter, which is a nuclear-powered spaceship on a collision course with planet Daran V. The inhabitants do not know that they are on a spacecraft, except for one old man who had climbed a mountain when he was young and intones “For the world is hollow and I have touched the sky.” After uttering this, the oracle punishes the old man with death using a subcutaneous “instrument of obedience.”

They can put the ship back on course. They also discover databanks of the Fabrini containing a great deal of medical knowledge, including the cure for McCoy’s xenopolycythemia.

Commentary

The episode synopsis includes McCoy’s diagnosis with a fatal disease and the Enterprise’s encounter with a nuclear-powered asteroid spaceship on a collision course with a planet. Through the storyline, Fox draws analogies to various continuous monitoring activities crucial for effective compliance programs, such as transaction monitoring, regulatory change monitoring, audit and incident monitoring, employee behavior monitoring, third-party risk monitoring, whistleblower hotline monitoring, regulatory development screening, and automated controls monitoring. Fox emphasizes the importance of proactive and continuous compliance monitoring to mitigate risks and uphold regulatory adherence.

Key Highlights

  • Story Breakdown and Key Events
  • Fun Fact: The Concept of an Interstellar Ark
  • Compliance Insights: Continuous Monitoring

Resources

Excruciatingly Detailed Plot Summary by Eric W. Weisstein

MissionLogPodcast.com

Memory Alpha

Categories
Innovation in Compliance

World’s Most Ethical Companies 2022 with Doug Allen and Erica Salmon Byrne


 
*This episode is sponsored by Ethisphere.
Managing Director of Ethisphere, Doug Allen and Erica Salmon Byrne, EVP of Governance and Compliance, join Tom Fox on this week’s episode to talk about the World’s Most Ethical Companies award put on by Ethisphere every year. 
 

 
Origins
Ethisphere was created to advance the standards of ethical practices. Doug says that their three tenets are “to define what’s good in terms of how businesses do business with integrity; …to measure and improve in all facets of integrity and then curating and convening organizations of like cultures and nature…” WMEC is the “purest manifestation of all these key tenets,” he continues, as it was established 16 years ago to “celebrate and recognize organizations that were doing business the right way.” The application process is rigorous, but it helps companies measure and assess their performance as well as give them a roadmap on how to improve. Erica comments that it “pulls the practical out of the theoretical… We spend a lot of our time taking those very broad strokes of guidance that we see from the regulators… and saying ‘What does this look like in practice?’”
 
How WMEC Has Evolved
The main survey applicants have to fill out for WMEC has become more expansive, as it is updated yearly. Doug and Erica tell Tom about some topics that were added as the survey evolved, including questions about supply chain compliance, human rights, culture and stakeholder engagement. Being a WMEC awardee is a powerful tool: companies who keep their purpose and ethos at the forefront outperform their competitors, Erica says. 
 
Applying for WMEC
Applications for WMEC open in early August. Doug describes the timeline for the review process and when they announce the awardees. Tom comments that applying for WMEC is more important than winning. “Just by engaging with the application process itself,” Doug remarks, “you get a very clear and detailed description of where trends are going…” Tom adds that it can also be seen as a gap analysis. Erica agrees and walks through the application and review process. Survey scores, validating documents, and Ethisphere’s independent reputation analysis are all used to determine the ultimate winners, she explains. Tom asks who should apply. Doug responds, “This is a process we developed intentionally to be applicable to organizations around the world of any sector and industry, …of just about any size as well.” Erica re-emphasizes the benefits of applying even if you don’t think you are ready. The feedback you receive from your application, as well as the access to great resources, is worth so much, she points out. 
 
Resources
WorldsMostEthicalCompanies.com 
MWEApplications@ethisphere.com
Application Process
Application Guide
Methodology
Why Apply
2022 Interest Form
 
Erica Salmon Byrne on LinkedIn
Doug Allen on LinkedIn