Is your organization "talent poor," or just afraid to let its people take risks and spearhead change? Does the company lack in influence or in confidence? High self esteem carries individuals and businesses far, but a poverty mentality takes them nowhere good. Decisions made out of fear may keep operations afloat -- for a time -- but those that go...
With ever-changing legislation and ever-increasing regulatory scrutiny, the role of the CCO is continually evolving. Corporate compliance officers served once upon a time as compliance cops, but the scope of the role has grown over the last several years so that now CCOs must be champions within their organizations of a culture of compliance and ethics and more...
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.
If the CRO or risk leader is to be effective and successful in the organization, he must be given full access to the Board, participate in high-level discussions and strategy setting and seen as an equal to the other C-Suite leaders or executives. The company and its leadership must appear to value the risk management function and enable the CRO...
The changes Presidents bring to pass in their first 100 days in office have long been the measure of their success early on. Like our commanders in chief, our CCOs should aim to hit the ground running, quickly establishing themselves as champions of ethics and compliance. The first orders of business for new CCOs: use all resources available to you...
In April, as decreed by the Church of England, we commemorate the life of William of Ockham, an English Franciscan friar and scholastic philosopher who has influenced modern organizational theory—but not enough. Peter Drucker’s medieval counterpart offered the observation that “entities must not be multiplied beyond necessity,” although ...
I have often said that a smart sociopath is a leader’s worst nightmare. These snakes in business casually generate more havoc in a shorter period of time than anyone else—and they often make doing so look good...
Known for his “You might be a Redneck” one-liners, for almost 30 years stand-up comedian Jeff Foxworthy has helped audiences understand unique behaviors and credentials of rednecks.
While the advantages of an independent CEO and Chairman of the Board appear obvious, the advantages of the unified position are just as obvious when considering the day-to-day operations of a corporation.
Tod Reichert, Bonnie Green, and David Wilson discuss the roles of the General Counsel and the Chief Compliance Officer, and responsibilities can and should be divvied up when the titles are held by two individual people.
Effective communications are a critical part of any attempt to persuade others, regardless of what you’re asking them to do. These tips and techniques will help to make you a better, more persuasive communicator.
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