Innovation In Compliance With Tom Fox

Our illustrious guest on this week’s show is Jeffrey Hayzlett, the founder and CEO of C-Suite Network. He chats with host Tom Fox about his podcast network and what he sees as the future of podcasting.The Evolution of C-Suite RadioJeffrey has had a very successful career in the corporate world: he has bought and sold over 250 businesses, completed $25 billion in transactions, was the Chief Marketing Officer for Eastman Kodak, a Fortune 10 Company. He was also a judge on the Celebrity Apprentice for 3 years, working with Mark Burnett and Donald Trump. He shares how he transitioned from his own Prime Time TV show into podcasting, eventually starting C-Suite Radio, which is now the world’s largest business podcast network.C-Suite Network as a Trusted SourceThe C-Suite Network includes C-Suite Radio, TV, Book Club and several other clubs and councils. Jeffrey wants listeners to know that they are getting an authoritative source: the network offers a breadth of knowledge as well as diversity of thought. Just like

On today’s episode of the Innovation in Compliance Podcast with host Tom Fox, we get to meet Neha Gupta, chief executive officer at True Office Learning who shares the importance of effective training within an organization. Tom first met Neha at a presentation where she was speaking on innovative compliance techniques for training and what he got was a much broader appreciation of behavioral science around compliance programs. From Business to ComplianceTom asks Neha how she worked her way up to the CEO chair. Neha explains how life is 50% serendipity and 50% plans that never quite turn out that way. She started her career in business, thinking of herself to be « not a lawyer by trade, a data science geek and engineer. For her, ethics and compliance are meaningful because she finds it amazing how infrequently business conversations are included in compliance. At Citygroup, she was in charge of their institutional technology and responsible for ethics and compliance along with employee engagement functions th

On this week’s episode of the Innovation in Compliance Podcast, our host TomFox, the Compliance Evangelist, has the pleasure of speaking with Erik Rind, founder and CEO of ImagineBC. Erik has a background in Russian history and started his career by working as a management consultant (After turning down the CIA, true story.) After 9 years, however, he had to make a huge decision - stay on the consulting track and lose his home, or stick around and see what would happen. He finally decided to stick around and started a second career as an entrepreneur in Human and Talent Management. After more than 2 decades in that field, he moved on to founding ImagineBC.What is ImagineBC All About?In a nutshell, their main goal is to teach people to get back control of their personal data, and more importantly, and to start making money with it - all powered by blockchain. Erik says at ImagineBC, they don’t believe that people should be giving away their intellectual property for nothing, and have developed an innovative ne

On today’s episode of the Innovation in Compliance Podcast, our host Tom Fox has the pleasure of speaking with Alex Zlatin. Alex is the author of “Responsible Dental Ownership: Balancing Ethics and Business Through Purpose”, a book about how small business owners should think through the purchase of a technology upgrade.Upgrading: is it a Must? Alex explains how a lot of technologies such as Office Suite or even Windows are coming to the end of their lives, and so many companies are starting to look into upgrading their software to the next new thing. Alex points out that although such an upgrade can be beneficial, business owners have to ask themselves: is it an absolute must? Does it fit within the company’s budget? Is there a specific deadline the company needs to meet for every software to be upgraded? He adds that it is important to evaluate all of the options and weigh the pros and cons of which software upgrade to go with.Balancing Ethics and Business Through PurposeT om goes deeper into some poin

When you think about personal injury lawyers, is the first thing that comes to mind “what great advertising they have”? No? What about “the guys that work with these people must have an amazing company culture”? Also no? Well, today’s guest on the Innovation in Compliance Podcast has some insights that might just change your mind about that. Arnie Malham is a serial entrepreneur with a knack for solving problems - he and Tom discuss what mindset has to do with company culture, and what any of that has to do with personal injury lawyers. A Happy FiringWhen Arnie was the new guy working at an advertising agency, he kept getting all of the legal accounts dumped on his desk - no one else wanted them! He talks about how his interest in working with these kinds of professionals ended up getting him fired from the agency. That turned out to be a blessing in disguise because he formed his own advertising agency, focusing solely on working with personal injury lawyers. Working closely with these individuals gave him i

Today’s guest on the Innovation in Compliance Podcast is Eduardo Campos – an expert in cybersecurity. He spent 25 years advising clients as large and illustrious as Microsoft and Bell Canada – and his focus was always on the human factor of cybersecurity, which is more critical than technology, policy or any other element. Why is it So Hard for People To Understand?He shares how it’s important to make the end-users of technology understand what your goals are – you have to avoid jargon and acronyms or no one is really going to understand what the goals of a cybersecurity program are. Tom mentions that often, tech professionals are speaking way over the heads of people listening to them, and asks Eduardo why that’s so often the case. Eduardo talks about the technical nature of the profession, and a lack of emphasis on communication, and practice talking to people who aren’t deeply involved in the different tools, terms and concepts being used. He always focuses on the importance of clear communication and make

Tom recently attended Podcast Expo, an event designed for the little, non-corporate podcaster, and one of the vendors he met was Squadcast. Squadcast has an interesting tool to help podcasters, and they’re using it for this episode! This week on Innovation in Compliance, Tom Fox, the Compliance Evangelist talks to Zach Moreno and Rock Felder about how they found an opportunity to make a big difference in a crowded industry. How did Squadcast come to be?Zach Moreno is a technologist who’s interested in seeing what’s possible with technology. Rockwell Felder has an audit CPA background, but he left it to become the other co-founder of Squadcast as well as the CFO. The two high-school friends had been podcast listeners for years, and as they got more and more interested in the industry, they looked around and thought ‘we could do this!’ What they found, when trying to create a science fiction audio-drama, was that there wasn’t a good tool for people to record well together - but remotely. They decided to solve t

Moving Up to the BoardToday’s guest on the Innovation in Compliance Podcast is Louise Duffield, from Gated Talent, a company that helps executives connect with executive recruiters globally.Louise has a “diverse” background, including two degrees, sales, huge life experience, and a very interesting journey with Gated Talent. The company needed someone who could strengthen numbers, engage with the community and get the brand message out there. Louise shares how she was able to help them accomplish all of that.Gated TalentGated Talent is a new company that was formed in response to the GDPR and designed to help executives share their information with recruiters privately. Louise talks about why this matters to both the executives and the recruiters. The platform was developed to make it easy for people to explore new opportunities without causing any panic.The Importance of DiversityLouise is a prolific writer and communicator, and Tom asks about several of her recent posts. She talks about the personal inspira

IIC081 - Foundational Data SecurityIn this episode of the Innovation in Compliance Podcast, Tom Fox has a discussion about data security for smaller companies with the president of Choose Networks: Chris Hoose.  Choose Networks is described on its website as Chris Hoose’s youngest child - and that’s something many entrepreneurs can relate to. The idea of family, however, is very important to the culture of Choose Networks. Maintaining that kind of family culture, where you have friends at work, and even in terms of how you think about your clients and vendors is a major priority for Chris - and a key element in how they provide a consistent product to their client. This matters because they really serve as an extension of their clients Staff - the IT department. Small Businesses are TemptingThe biggest reason hacking is an issue for small companies is that they often have access to the databases of much bigger companies. A small business can be a tempting target for a hacker, who thinks of them as an eas

Megan Dougherty and Audra Casino have been working with Tom, producing the Innovation in Compliance Podcast for a little over a year now. They’re the co-founders of One Stone Creative, a company offering a variety of services to podcasters - ranging from production, to blog posting, to publishing - and more. Today, they are on the other side of the mic, as Tom’s guests. How did the company start? Megan and Audra introduce One Stone Creative.More About The CompanyFounded just about two years ago, the former colleagues at a Marketing company decided to launch a video production company together. With Audra’s background in commercial radio and Megan in marketing, they ended up finding a great niche in business podcasting!The Benefits of Offering Consultation to Young CompaniesHow do consulting services work and how do help a company?Megan explains how their role is to help the company determine what goals are they trying to achieve, what media type would be best to reach their audience - there’s no one size fits

Tom and Tanya met virtually years ago, and she’s one of the most interesting people Tom has ever come across. Tanya started her career in early childhood education but she didn’t end up there; after a leaving childcare and being a stay-at-home mother, Tanya dedicated her life to something that matters to her: being healthy. How does that apply to you? When you move your body and exercise, you will be much better at your job.More Than Physical FitnessPhysical fitness isn’t just about your body. It’s about your mind, too, in how you see yourself and embrace who you are. Being fit is also about training your mind to embrace goodness, and it’s intrinsically connected to how your body feels. For those in compliance, it can be a lot of everyday stress. Practicing fitness of mind and body can help relieve that.How to Create a Positive MindsetIt’s as simple as waking up and thinking of one thing to be grateful about, and when you’re going to bed, decide on the best thing that happened that day. And it’s as hard as th

Brian is the founder of Informed360, one of the most innovative companies Tom has come across in a very long time. Brian’s a little unique in the compliance field in that he’s not a lawyer, but that’s one of the main reasons, coupled with his experience running large programs, that caught the CEO’s eye. He talks about the career path that led him to Informed360.Under the Hood of ComplianceBrian talks about how having a great team working in a compliance department isn’t enough. When he looked ‘under the hood’ of how things were being run, he noticed some major problems. In other words, it was ‘all duct tape and glue.’ There were manual processes, lots of Excel spreadsheets all over the place, and disparate systems and applications that weren’t connected. Pulling data and information together was a painful process. This was what inspired him to create Informed360.The Role of TechnologyFrom risk assessments and disclosures and beyond, Informed 360 grew out of a real need for the compliance industry to catch up

Today’s episode is a great one. Not only will we be talking about innovation in the field, but we’ll also address how today’s guest, Ted Hart, gives compliance officers a framework by which to think through issues that they face. Ted is the President and CEO of CAF America and brings 30 years of experience in advising global philanthropy.Ted and CAFCAF has a unique goal: to provide service to the philanthropic community, specifically to those in the United States who want to give abroad but have tax issues to face they don’t quite understand. They’ve been in business for 27 years.Cross Border GivingCAF America worked with several professionals in the market to write “Cross Border Giving.” The goal was to educate on a topic that can be confusing, so each professional wrote a chapter based on their expertise. The book and workbook together provide a great foundation, to which those who wish to donate to charities outside the US can refer.The 3 R’s and 7 Principles of International GivingRegulatory compliance, r

It’s challenging enough to keep your own business secure. But when you also have hundreds of third-party suppliers, how can you make sure you aren’t vulnerable to attack? Joining us today is Dov Goldman, the Director of Risk and Compliance at Panorays, and on this episode, we’re talking about cybersecurity, and the strategies and measures you can put in place to keep you safe. Panorays Panorays automates your third-party security management. It enables you to easily view and manage the security posture of your third parties — including vendors, suppliers, business partners, agents, and other forms of intermediaries — who form an ecosystem around your company that represents you. You can continuously monitor your ecosystem, and at the same time, ensure compliance with regulations.The New York Department of Financial Services The NYDFS is focused on consumer protection. They regulate many thousands of financial services organizations, and they’re mandating that you do certain things to protect your consumers (f

How do you keep pace with innovation? Returning to the podcast is Syed Hussain, the Co-Founder & CEO at Liquidity Digital, a blockchain-based FinTech firm that’s building an end-to-end digital security system. How does this work and how can it make our organizations more efficient, more compliant, and more profitable? The shift to digital Traditional forms of capital formation are simply not keeping pace with what the capital demands of the markets are. What blockchain enables people to do is take their existing assets, digitize and securitize those assets, and transform them into digital securities. At Liquidity, they’re building a platform that will allow for the issuance of these digital securities, paving the way for capital markets to go and take the digital route. Benefits of digital securityDigital security is now bringing in opportunities that aren’t possible in the traditional world. Because these things are built on top of blockchain, it is inherently a very, very secure protocol. It’s transpare

Is there still a place for good manners in today’s ruthless business world? Joining us today is Carrie Penman, the Chief Compliance Officer and Senior Vice President Advisory Services at NAVEX Global. She wrote an article entitled, The Cost of Incivility in the Workplace, and today we’re talking about why manners matter.Why the article: So many people don’t have a good understanding of the fact that how you say something is as — or more — important than what you say. Think about what it’s like to be on the receiving end of the message you have to deliver. How would you want that to be said to you? Rude, abusive, and harassing bullying behavior has been costing organizations big time for decades in terms of decreased productivity, lost top talent, loss of innovation, lower quality customer service, and more. Many of the reports that ethics and compliance officers receive over their hotlines are related to HR matters, and can lead to serious compliance violations. The Era of the Jerk Manager is Over: It was onc

Innovation comes in many ways, forms and inspirations. Today we consider the basic use of communication as an innovation for compliance. We’re chatting with Ben Adelberg, host of The Back of the Range Golf Podcast, and today he’s sharing his processes, tips, and tricks for innovation and moving forward with whatever it is you’re working on. Ben’s approach:Ben interviews a wide variety of people, so before he ever gets on the phone with them, he does a deep dive. He goes through all of their social media channels, websites they might have been on, books they’ve written — anywhere that might have information on them — and finds out every single thing he can that could potentially lead him to different and unique questions to ask his guests. His goal is to go through the entire episode and ask questions they’ve never been asked, which makes The Back of the Range unique and stand out among all the other golf podcasts.Publicizing the podcast:Publishing a podcast episode is just half the job. It could be the most e

Do you have HR processes in place? Join us on this episode of the Innovation with Compliance Podcast with Deb Muller, the CEO and Founder of HR Acuity, and we’re chatting about how human resources related technology and processes can help mitigate risks and create a safer workplace for everyone. No rhyme or reason Deb noticed that most of the investigations being done within HR in an organization had no rhyme or reason. There were no processes as to how they should be done. Talking to clients, she recognized the need to incorporate technology and consistency into the investigation lifecycle, because someone can just walk in the door with something to tell you and upend your entire day — not to mention pose an incredible amount of risk for the organization.Having a systemHuman resources are your most expensive resources, yet most companies don’t think about it when they think about risk or compliance. What happens when someone makes an allegation?  A proper compliance process will make sure you get to the

What does it mean to be accountable and lead with accountability? Sam Silverstein is a consultant and author whose mission is to empower people to live accountable lives, transform the way they do business, and thrive at extraordinary levels. Join us as we take a deep dive into the subject of accountability and how it can impact the way we live and work.  Accountability vs. transparency These are two totally different elements. Transparency is being open and honest: admitting that you have made a mistake and saying you’re on it and fixing it. You’re not trying to hide it or pretend it didn’t happen, you’re just being human. This is critical, and transparency is an element that will help you toward a life of accountability as an individual or as a leader. But accountability is keeping your commitment to people. We talk about it a lot but many people have yet to figure out what it is. Accountability is not a way of doing, it’s a way of thinking, specifically, how we think about people. It isn’t just keepin

What if compliance training didn’t have to be boring? Joining us on this episode is Andrew Rawson, the Chief Learning Officer for Traliant, a compliance training company. Today we’re talking about the future of compliance training: how to make it truly effective, useful, and even fun. The importance of trainingThe last couple of years have seen the intersection of two seismic forces that have created tremendous demand for quality training. The first was the #MeToo movement, which has brought up the whole topic of compliance training around sexual harassment — so much so that it’s become a need to have instead of a nice to have, even in states where it isn’t required. The second was a change in regulations in different states across the country, now requiring more than 10 million people to be trained. Effective compliance trainingThere is a difference between teaching people about the law and teaching them what to do. At Traliant, they wanted to train people how to behave. What do you do when you’re