ethics

Several weeks ago we had a post about the ethical missteps at Boeing, where I heaped lots of blame on now-fired CEO Dennis Muilenberg. That post generated many comments on LinkedIn, including a few that speculated: were these problems really due to Muilenberg, or was he undermined by subordinates who didn’t want him at Boeing?…

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2020

Welcome to 2020, everyone! This has been a long winter break, but before we return to the grind of emails to answer and staff meetings to avoid, let’s spare a few moments to ponder how the corporate compliance landscape might evolve in the coming year.  Without further delay, then: my annual list of compliance issues…

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board

Chief compliance officers are always looking for ways to maintain a productive relationship with the board, which isn’t easy considering all the issues both sides are trying to manage in a compressed amount of time. So today we have a podcast and column devoted to the subject. The podcast is a conversation I had with…

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boeing

Boeing’s risk management failures with its 737 MAX jet turned out to be the biggest cautionary tale of corporate governance in 2019. Now we have one more glimpse into those executive misjudgments courtesy of the New York Times. The Times published yet another in-depth article about Boeing’s troubles on Sunday, this time starting with a…

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ericsson

As everyone in the corporate compliance world knows by now, Ericsson settled its long-running FCPA case last week with $1.06 billion in disgorgement and penalties plus a compliance monitor to boot. This is a sprawling case, full of lessons for the rest of us, so let’s start with the internal controls issues enforced by the…

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career

Last week I had a chat with a mid-career corporate audit professional. She was a terrific person — good experience, thoughtful professional, well-spoken — but also out of a job, and somewhat out of sorts.  We’ll call my friend Jane. She had been working at a tech company that had raised an impressive amount of…

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operational resiliency

“Operational resiliency” is one of those phrases in corporate compliance and risk  management that, let’s be honest, sounds boring as hell when you first hear it.  Like so much else in this field, however, it’s not boring once you consider what operational resiliency actually means — which is exactly what several dozen compliance professionals did…

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board

This week I had the privilege of moderating a forum in New York for ethics and compliance officers who wanted to talk about an idea that makes tremendous sense: CCOs serving on corporate boards.  After all, regulators increasingly want companies to embrace a culture of compliance that avoids corporate misconduct in the first place, or…

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compliance

Radical Compliance is in London this week, tending to a few speaking events and some much-needed pub visits. That means fewer timely posts than usual, so here are some random thoughts to keep you entertained while we wait in the immigration arrivals line at Heathrow Airport.  Washington should hurry up and pass legislation to extend…

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AI

Well here’s a creepy example of artificial intelligence racing ahead of our ability to govern it wisely: a tech startup that uses AI to study job applicants’ facial expressions, speaking style, and word choice to generate an “employability score” for people and then filter out low-ranking candidates.  The startup in question is HireVue, and you…

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