GOVERNANCE

cockpit

Does Your Company Need a Sterile Cockpit?

Leaders ought to be accessible to their staff, though not necessarily at all times. In fact, they may be more effective and get more accomplished if they unplug the phone, turn off email notifications and shut the door now and then. Like airline pilots, executives need to be able to focus during critical phases, and constant interruptions ...

red tape

Is More Corporate Governance the Answer? (Part 1 of 5)

From 1934, the year marking the passing of the Securities Exchange Act, and 1977, no major corporate reforms were passed. In the past 30 years, however, the situation changed dramatically. Huge corporate scandals, including Enron, WorldCom, Bear Stearns and Siemens have led to sweeping reforms. Is this the trend now? And should it be?

back soon sign

5 Questions About Leave as a Reasonable Accommodation Under the ADA

While the ADA has been in effect for nearly 25 years, many employers still have questions about what qualifies as a disability and what reasonable accommodations must be made for affected employees. For instance, where does FMLA end and ADA begin? Here are the commonest questions regarding ADA - and answers.

budget cuts

Government Contracting: Surviving the “New Normal” of Instability

The Budget Control Act of 2011 promised to reduce the budget deficit, and deep cuts have been made across the board, with government contractors paying an especially high price. Historically, government contractors have enjoyed stability in terms of revenue and profits, but neither is certain in a period of market volatility when budget cuts are high priority.

culture

CCOs Take Note: It’s the Culture, Stupid

A CCO's primary focus must be on culture - that is, building a culture of ethics and compliance throughout the organization. Lay this foundation and you'll have gone a long way to minimizing risk. Corporate culture should also make up much of what the CCO reports to the Board and senior management. Michael Volkov has some ...

tug of war

Communications Challenges of the Valeant/Pershing Square Bid for Allergan

In an effort to win over a majority of Allergan shareholders, both the parties angling for a takeover and the the company itself are mounting aggressive campaigns to make their cases. Due to some shady goings-on around the recent stock buy-up, Allergen is facing some considerable communications challenges, not the least of which is a sullied reputation among ...

holograph

Impossible to Ignore: The Importance of IT Governance

CIOs must take the lead on IT governance as a means to align the IT division's efforts with the overarching business strategy. But effective IT governance is more than measurement, oversight and the implementation of best practices. The most effective programs facilitate awareness and behavioral change throughout the organization.

security camera

Program Management: Board Oversight and Reporting Structures

An E&C program must be effective -- not necessarily convenient. Does the Chief Ethics and Compliance Officer have enough authority and autonomy? What's being reported to the Board, and does the Board have proper oversight of the E&C program? These are just some of the factors that influence the effectiveness of an E&C program.

one star

Excuse Me. Do You Mind if I Deliver Inferior Performance?

Your staff are expected to deliver quality performance. When they fall short - as long as poor training isn't the cause of the problem - it doesn't really matter why. Subpar results just won't do, and must be addressed if the organization is to thrive. If underperformers go unchecked, there’s a much bigger problem to be ...

boardroom

“Sympathy” for the Board

There's no question that Board members' jobs are tougher now than ever before. All the more reason to increase accountability; failures in governance often lead right back to the Board, and shareholders bear the brunt of the consequences. The flashier issues, such as CEO hirings, tend to draw their attention, but compliance needs its time in the ...

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