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	<title>Comments on: Fulfilling the New Compliance Mandate – The Compliance Convergence Journey</title>
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	<link>http://www.corporatecomplianceinsights.com/2009/fulfilling-the-new-compliance-mandate-through-compliance-convergence</link>
	<description>Corporate Compliance Insights is an online source for news and articles on topics related to governance, risk, and compliance.  CCI features daily GRC news updates plus feature articles from experienced GRC professionals.</description>
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		<title>By: Kristina Robb-Dover</title>
		<link>http://www.corporatecomplianceinsights.com/2009/fulfilling-the-new-compliance-mandate-through-compliance-convergence/comment-page-1#comment-1325</link>
		<dc:creator>Kristina Robb-Dover</dc:creator>
		<pubDate>Tue, 14 Jul 2009 21:56:16 +0000</pubDate>
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		<description>Great article, Matt. Thanks!</description>
		<content:encoded><![CDATA[<p>Great article, Matt. Thanks!</p>
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		<title>By: Matthew Podowitz</title>
		<link>http://www.corporatecomplianceinsights.com/2009/fulfilling-the-new-compliance-mandate-through-compliance-convergence/comment-page-1#comment-1302</link>
		<dc:creator>Matthew Podowitz</dc:creator>
		<pubDate>Tue, 14 Jul 2009 00:37:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.corporatecomplianceinsights.com/?p=1391#comment-1302</guid>
		<description>B,

Thank you very much for your comment, and I am glad the compliance convergence maturity model will serve a useful function in your enterprise&#039;s compliance transformation.</description>
		<content:encoded><![CDATA[<p>B,</p>
<p>Thank you very much for your comment, and I am glad the compliance convergence maturity model will serve a useful function in your enterprise&#8217;s compliance transformation.</p>
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		<title>By: Matthew Podowitz</title>
		<link>http://www.corporatecomplianceinsights.com/2009/fulfilling-the-new-compliance-mandate-through-compliance-convergence/comment-page-1#comment-1301</link>
		<dc:creator>Matthew Podowitz</dc:creator>
		<pubDate>Tue, 14 Jul 2009 00:34:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.corporatecomplianceinsights.com/?p=1391#comment-1301</guid>
		<description>Shelley, 

Thank you for your insightful comments. I agree with your characterization of the perception of Chief Compliance Officers and that is core to the argument that the compliance mandate has changed. It simply isn&#039;t enough to comply any more -- the compliance function must think beyond risk mitigation and focus on supporting opportunities for enterprise-wide cost reduction and broader business value creation to remain relevant and supported by the board and CEO.

As to your question &quot;Are the CEOs reading this post?&quot; my answer is, &quot;Not enough of them are , but more will.&quot;  This article dealt largely with the &quot;what&quot; and &quot;why&quot; of compliance convergence. The &quot;how&quot;, which is what I bring to clients and what may form the basis for future articles or publications, focuses in part on how to craft a compelling business case for compliance convergence that the CEO can get behind and creating a basis for increased rewards to the CCO who makes that case a reality. 

In fact, that is part of the reason this concept seems to be getting such a strong response from the CCO community -- compliance convergence creates an opportunity to lead an enterprise transformation the same way that CIOs did in the late eighties and early nineties, and continue to do today.

Thank you again for your very thoughtful comments, and I am very glad you enjoyed the article.</description>
		<content:encoded><![CDATA[<p>Shelley, </p>
<p>Thank you for your insightful comments. I agree with your characterization of the perception of Chief Compliance Officers and that is core to the argument that the compliance mandate has changed. It simply isn&#8217;t enough to comply any more &#8212; the compliance function must think beyond risk mitigation and focus on supporting opportunities for enterprise-wide cost reduction and broader business value creation to remain relevant and supported by the board and CEO.</p>
<p>As to your question &#8220;Are the CEOs reading this post?&#8221; my answer is, &#8220;Not enough of them are , but more will.&#8221;  This article dealt largely with the &#8220;what&#8221; and &#8220;why&#8221; of compliance convergence. The &#8220;how&#8221;, which is what I bring to clients and what may form the basis for future articles or publications, focuses in part on how to craft a compelling business case for compliance convergence that the CEO can get behind and creating a basis for increased rewards to the CCO who makes that case a reality. </p>
<p>In fact, that is part of the reason this concept seems to be getting such a strong response from the CCO community &#8212; compliance convergence creates an opportunity to lead an enterprise transformation the same way that CIOs did in the late eighties and early nineties, and continue to do today.</p>
<p>Thank you again for your very thoughtful comments, and I am very glad you enjoyed the article.</p>
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		<title>By: Shelley Koltnow</title>
		<link>http://www.corporatecomplianceinsights.com/2009/fulfilling-the-new-compliance-mandate-through-compliance-convergence/comment-page-1#comment-1283</link>
		<dc:creator>Shelley Koltnow</dc:creator>
		<pubDate>Sun, 12 Jul 2009 01:54:03 +0000</pubDate>
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		<description>The model makes sense and is a natural evolution.  The challenges lie in the role of change agent.  Many compliance programs are not seen as operational or strategic drivers.  In some sense, the compliance officer role is often perceived as not caring about strategy, &quot;as long as it&#039;s compliant.&quot; Are the CEOs reading this post?  In some sense, the gist of the new compliance convergence grants to compliance officers a scope as large and challenging as the CEO&#039;s scope- and far less compensation than CEO, CFO or Chief strategy officer.</description>
		<content:encoded><![CDATA[<p>The model makes sense and is a natural evolution.  The challenges lie in the role of change agent.  Many compliance programs are not seen as operational or strategic drivers.  In some sense, the compliance officer role is often perceived as not caring about strategy, &#8220;as long as it&#8217;s compliant.&#8221; Are the CEOs reading this post?  In some sense, the gist of the new compliance convergence grants to compliance officers a scope as large and challenging as the CEO&#8217;s scope- and far less compensation than CEO, CFO or Chief strategy officer.</p>
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		<title>By: B</title>
		<link>http://www.corporatecomplianceinsights.com/2009/fulfilling-the-new-compliance-mandate-through-compliance-convergence/comment-page-1#comment-1268</link>
		<dc:creator>B</dc:creator>
		<pubDate>Fri, 10 Jul 2009 17:02:35 +0000</pubDate>
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		<description>I like the &quot;Compliance Convergence Maturity Model&quot; and see the possibility of using this to frame  our plan of compliance attack.</description>
		<content:encoded><![CDATA[<p>I like the &#8220;Compliance Convergence Maturity Model&#8221; and see the possibility of using this to frame  our plan of compliance attack.</p>
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