ethics and compliance


Compliance Fatigue — A Dangerous Concept

As the corporate purse strings tighten, it's not uncommon to start hearing whispers about "compliance fatigue." But the reality is that the compliance function requires relatively little in the way of funding, and the financial savings achieved by remaining compliant are huge. It must be easy to lose sight of these facts. Let's retire this term, ...

compliance and the board

Compliance and the Board: 3 Expert Opinions

As regulatory oversight increases, so does the importance of managing compliance risk. Given its purpose and charge of protecting the company, the Board can't afford to sit idly and leave the task of managing compliance risk entirely to others. No, the Board ought to be taking an active role here. Today, three experts weigh in on ...

business relationship

The New Role of the CCO: Good News and Bad News

Which do you want to hear first? It seems the role of the CCO has gained steadily in influence, but there's progress to be made yet. CCOs must be viewed and treated as business partners in their organizations, which means they've got to make building relationships with other business partners a priority. Having strong relationships certainly ...

film reels

LRN 308 – Creative Ways to Liven Up Your Ethics and Compliance Program

Some of the risk areas in any ethics and compliance program are very serious: sexual harassment, financial fraud, etc. But the programs themselves don't have to be dull and drab. There's no reason that education around ethics and compliance can't be interactive, engaging and even entertaining. Make your E&C program relevant by helping staff really connect ...

business ethics

The Important Distinction Between Ethics and Compliance

Compliance alone isn't enough, says Michael Volkov. Compliance alone is the bare minimum; fostering an ethical culture takes your compliance program to the next level, requiring little besides commitment. And there's the payoff, of course... employees want to work for companies that operate with integrity, and clients want to do business with ethical organizations.


5 Essential Improvements to Corporate Governance

Achieving a corporate culture focused on ethics and compliance doesn't happen by accident. It takes a concerted effort from the Board of Directors, CEO and CCO, who all must understand the importance of a strong E&C program and be committed to championing the notions. Michael Volkov offers five key ways companies can strengthen corporate governance.

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.


Fixing a Company’s Ethics and Compliance Culture

In the aftermath of a serious violation, efforts to overhaul a company's culture of ethics and compliance may seem too little, too late. And can it even be done, anyway? With the right players at the helm it can. With the Board and the CEO jointly and sincerely championing change, the organization stands a far greater ...