General

Tackling AI and Ethics Issues Intelligently

AI

You can learn a lot from Google — including, apparently, how corporations might approach the delicate matter of ethics and artificial intelligence. Because Google tried exactly that not long ago, failed in a painfully public way, and raised numerous AI lessons for ethics and compliance professionals to consider before your company tries this at home.…

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Another Lesson From Boeing: Silos

silos

Boeing’s missteps with the 737 Max jet offer many powerful lessons for corporate compliance, audit, and risk executives. Our latest lesson comes from an in-depth article in the New York Times, examining the decisions Boeing made about the jet’s design and subsequent pilot training, and the terrible consequences that followed. Every compliance and audit professional…

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Guest Post: Boards & Compliance Committees

I recently spoke about the board-compliance officer relationship to a group of sitting audit committee chairs at major, publicly traded corporations. During the presentation the discussion turned to board structures and whether companies need a separate committee to oversee compliance (as opposed to the compliance function reporting directly to the audit committee). I think it’s…

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Thoughts on RPA, Compliance & You

rpa

Robotic process automation is one of those emerging technologies that everyone loves to talk about implementing, and that many businesses actually are implementing.   So when Protiviti recently published an in-depth report about RPA that explores how to manage the development of RPA within a large enterprise, I read it immediately. Audit, risk, and compliance…

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Oh Come On, CFTC…

cftc

Well this takes the whistleblowing cake: the Commodities & Futures Trading Commission is promoting its whistleblower program at a cryptocurrency conference in New York this week, complete with a booth in the hallway and free CFTC whistles handed out to attendees. The event is Consensus 2019, a conference hosted by news website Coindesk to discuss…

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Compliance Jobs Report: April 26

compliance jobs

In the Compliance Jobs Report this week: a flurry of hires at Robinhood (presumably prepping for an IPO), a new CCO at ConvaTec, and other moves at AstraZeneca, Edmentum, and more. The vendors and service providers had notable hires this week too, and we have three intriguing job openings. Our Meme of the Week goes…

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Oh, Joy: A New Cyber Risk

cybersecurity

An interesting article from the New York Times recently, noting that some insurance firms are declining to cover damages from cybersecurity breaches — under the logic that those breaches were acts of war by foreign governments, rather than criminal acts by individuals; and therefore not covered by a corporation’s cyber insurance policies. The article cites…

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More on Boeing and Business Ethics

silos

The more you consider Boeing’s mishandling of its trouble with the 737 MAX jet, the more lessons ethics and compliance professionals can tease out. This weekend I spent time pondering what Boeing’s decisions about safety software for the MAX say about the company’s supposed commitment to an ethical corporate culture. That led to this small…

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Ethics Lessons in Trump Tweets

Occasionally President Trump raises some thought-provoking points for ethics and compliance officers. Not the usual stupid stuff showcasing the ethical decay of the Trump Administration, mind you — but rather, genuinely relevant issues about corporate ethics and compliance programs, that don’t always have clear answers. Trump did that twice this week, which is two times…

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Review: The Accidental Compliance Professional

Roy Snell, long-time director of the Society of Corporate Compliance & Ethics who retired last year, has published a book, The Accidental Compliance Professional — one part compendium of advice for fellow compliance officers, one part love-letter to the profession, and all of it bundled with the folksy, friendly tone Snell has been using for…

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