Top tips for measuring and evaluating your compliance and ethics program
Carole Stern Switzer, Executive Vice President and General Counsel of the Open Compliance and Ethics Group, offers her tips for measuring and evaluating your compliance and ethics program.
Measure what is measurable and make measurable what is not so. Galileo’s advice for understanding the world is nearly 500 years old, but it could have been said today by any business leader seeking to evaluate an entity’s successes and failures.
Following a wave of corporate scandals, and passage of laws such as Sarbanes-Oxley that impose greater responsibility for ensuring legal compliance on senior executives, many companies are formalizing and expanding processes to drive compliance and detect incidents of non-compliance with a wide array of regulatory requirements.
See full Article.
Posts
