Shareholder activism is an unavoidable cost of doing business as a publicly traded company in America today. Here are four things that every public company should make sure it knows before an activist arrives and initiates a proxy contest or other public campaign to best position itself for a successful outcome of any activist situation. Read More
Continuing with my obsession to define an “effective” ethics and compliance program, there are certain requirements that if not present, you know you are looking at an ethics and compliance program that is not “effective,” almost by definition. Read More
As often as not, our clients come to us with difficult problems, expecting more than a recitation of the law; they want to know the right (honorable) thing to do. This is both a great privilege and a great responsibility, and shame on us if we lack the courage of our convictions to steer our clients in the right ... Read More
Many efforts to implement ERM are unfocused, severely resourced constrained, and pushed down so far into the organization that it is difficult to establish relevance. The near-term results are “starts and stops” and ceaseless discussions to understand the objective. Read More
Globalization, regulation, competition -- these make today’s workplace more complicated than ever. This causes professionals to flounder as they try to perform at a high level and achieve career mobility.
You assign one of your staff to complete fieldwork for a major project. The associate is not capable of providing the requested services and tells you well before the deadline. How do you reward this person’s honesty and trust in you? Read More
When building compliance programs, the best rule of thumb is to make sure that employees are not giving bribes to anyone, no matter the recipient. The potential applicability of other laws that reach commercial bribery, like the U.K. Bribery Act, also make the distinction of who is and is not a “foreign official” less important.
It's maddening to watch companies in compliance trouble make the rookie mistake of believing that a high profile candidate with a legal, regulatory, law firm or prosecutorial background is the silver bullet for compliance problems. If a best practice ethics and compliance program is what you need, the place to go is to the profession with the subject ... Read More
T.S. Eliot famously said "Only those who will risk going too far can possibly find out how far it is possible to go." This could not ring more true in business, with risk often propelling professionals and businesses to new heights. But, risk is often out of our comfort zone and many are reluctant to take those barrier-shattering ... Read More
DOJ has demonstrated that companies can plead guilty to criminal offenses and survive. In addition, DOJ can impose the same requirements on a company in a guilty plea as a DPA. If companies choose to go to trial and lose, the Court then can fashion an appropriate sentence based on recommendations from the Justice Department.
So, how do top leaders do it? Studying the top business leaders in various fields allows us to pinpoint the key qualities they share which enables them to achieve success in their business and abundance in their lives. Here are the top qualities of business leaders that you can learn from to improve your leadership skills. Read More