Innovation In Compliance With Tom Fox

Are you still relying on outdated communication methods to reach your clients and employees? If so, you might be missing out on a huge opportunity to connect and engage with them. In this episode of Innovation in Compliance, Tom Fox speaks with Dr. Barrett Matthews, a media expert who believes in meeting clients where they are and creating authentic content to increase engagement. Barrett offers valuable insights on how businesses can leverage media to expand their reach and connect with their audience. Dr. Barrett Matthews is a media expert with a diverse background in broadcasting, writing, and production. He has worked with industry legends like Brent Musburger and Terry Bradshaw. He eventually created a business focused on helping others embrace and leverage the power of media. Barrett now works with entrepreneurs and corporations to help them develop an authentic media presence that meets their clients where they are. Barrett and Tom discuss in this episode: Media has evolved and is more accessible to

The traditional workplace as we know it is changing exponentially. This, accelerated by the COVID-19 pandemic, has forced companies to adapt to a new way of doing business. In this episode of Innovation In Compliance, Nate Thompson and Alex Schwartz, co-founders and hosts of The Disrupted Workforce, chat with host Tom Fox about the trends and challenges facing companies in this new era of work, including talent acquisition and retention, how AI will help identify talent pools, and the major shifts and disruptions happening in the workplace.  Alex Schwartz is a digital marketing and transformation solutions expert with over a decade of experience working with Fortune 500 companies. Prior to that, he worked in talent management in New York. Alex realized that there was a need to focus more on helping individuals navigate change and on creating better work cultures. He is passionate about looking at the future of work from a human-centered perspective. Nate Thompson started his career as an engineer at Qualcom

How can you build a culture of trust and purpose in your organization? Tom Fox’s guest this week, Christina Foxwell, is an expert in helping companies unleash the purpose within each employee to build a sustainable business. In this episode, Tom and Christina explore the world of organizational transformation: Christina shares how her team helps companies put programs in place to measure outcomes and document results, satisfying stakeholders such as regulators and shareholders. She also emphasizes the importance of building a coaching culture, which can help transform company culture as well as the personal lives of employees.  Christina Foxwell is the Global CEO of Ignite Purpose, a company that aims to make a difference to one person's life a day so that they can make a difference to their world. She is a renowned leadership and transformation expert who has spent more than two decades working with organizations and executives to achieve their goals. At Ignite Purpose, Christina and her team specialize in

Welcome to a special 5-part podcast series sponsored by Diligent. Over this series we will consider a risk-based approach to third-party risk management. Over this series I will visit with Michael Parker, the Director of Advisory and Consulting Services; Stephanie Font, Director of the Optimizations Group; Kairi Isse, Managed Services Group Manager; Adam Bailey, Senior Vice President, Product Management and Alexander Cotoia, Associate at the Volkov Law Group. In this Part 5, I visit with Alexander Cotoia, a Regulatory and Compliance Manager at the Volkov Law Group, to consider how recent FCPA enforcement actions point toward the use cases for a robust third-party risk management system.  In 2022, most FCPA-related enforcement actions involved third parties and required organizations to reprioritize third-party risk management. In this episode, we consider case studies involving ABB Limited, GOL Airlines, and Oracle, demonstrating the importance of understanding bribery and corruption schemes, making voluntary

Welcome to a special 5-part podcast series, sponsored by Diligent. Over this series we will consider a risk-based approach toe third-party risk management. Over this series I will visit with Michael Parker is the Director of Advisory and Consulting Services, Stephanie Font, Director of the Optimizations Group; Kairi Isse, Managed Services Group Manager; Adam Bailey, Senior Vice President, Product Management and Alexander Cotoia, from the Volkov Law Group. In this Part 4, I visit with Adam Bailey, to look at the role of the Board in risk, audit, compliance, and ESG and the reporting from executive teams and GRC practitioners to take risks and seize chances.   Bailey has worked to help organizations better manage their risk by providing insight and clarity to boards of directors. He strived to enable executive teams and GRC practitioners to assess and manage strategic risks, ultimately connecting boards, practitioners and executives together to innovate and drive growth. With the complexity of third-party relat

Welcome to a special 5-part podcast series, sponsored by Diligent. Over this series we will consider a risk-based approach toe third-party risk management. Over this series I will visit with Michael Parker is the Director of Advisory and Consulting Services, Stephanie Font, Director of the Optimizations Group; Kairi Isse, Managed Services Group Manager; Adam Bailey, Senior Vice President, Product Management and Alexander Cotoia, from the Volkov Law Group. In this Part 3, I visit with Kairi Isse, on the implementation of your third-party risk management program after the contract is executed.  Learning about the risk posed by  third-party vendors to a company's compliance program can be an eye-opening experience. However through the use of an AI-based ongoing monitoring search tool with customizable features, auditable trails, for third-party risk management; an organization can ensure that their compliance programs are effective and reduce their risks of fines and reputational damage in the implementation sta

Welcome to a special 5-part podcast series, sponsored by Diligent. Over this series we will consider a risk-based approach toe third-party risk management. Over this series I will visit with Michael Parker is the Director of Advisory and Consulting Services, Stephanie Font, Director of the Optimizations Group; Kairi Isse, Managed Services Group Manager; Adam Bailey, Senior Vice President, Product Management and Alexander Cotoia, Associate at the Volkov Law Group. In this Part 2, I visit with Stephanie Font, on the need for evaluation of potential third-party through questionnaires and determination of the necessary due diligence investigations to comply with regulations, while navigating using questionnaires to uncover the truth.   What is the importance of understanding regulations and risk factors when creating questionnaires to help with due diligence. Through understanding the risk model and what specific regulations the company needs to comply with, creating effective questionnaires to help with due dili

Is your company's data fit for purpose? In this episode of the Innovation in Compliance podcast, host Tom Fox welcomes Malcolm Hawker of Profisee, a company that creates MDM software, to discuss the importance of data quality, master data management (MDM), and data governance. They also explore how proper data management can drive exceptional results, reduce costs, and ensure compliance.  Malcolm Hawker is a seasoned data management and governance professional with over 30 years of experience. Malcolm spent 15 years in product leadership, including a stint as Chief Product Officer at a software startup in Austin, Texas. He also led an IT organization at a $2 billion publicly traded company. Malcolm has since specialized in data management, master data management, and governance, working as an analyst for Gartner before joining Profisee as the Head of Data Strategy. Malcolm's passion is helping organizations leverage data to drive results. You’ll hear Tom and Malcolm talk about these ideas: Data must be acc

Welcome to a special 5-part podcast series, sponsored by Diligent. Over this series we will consider a risk-based approach toe third-party risk management. Over this series I will visit with Michael Parker is the Director of Advisory and Consulting Services, Stephanie Font, Due Diligence Service expert; Kairi Isse, Managed Services Group Manager; Adam Bailey, Senior Vice President, Product Management and Alexander Cotoia, from the Volkov Law Group. In this Part 1, I visit with Michael Parker on the need for risk mitigation to bring a third-party into a relationship with your organization. Parker has worked in the compliance arena for six years, learning from his experience in government and tech. For a compliance program to be successful, executive leadership and there must be Board of Director buy-in for oversight as well. The goal of a third-party risk management platform is to protect the assets of the business and create a single source of truth. Through such a mechanism, third parties can be can screened

Legal GRC focuses on the various activities and responsibilities that people who report to legal must carry out, such as data privacy and breach response. In this week’s show, Tom Fox reconnects with Bill Piwonka, Chief Marketing Officer of Exterro, to discuss compliance with data privacy. They discuss the concept of legal GRC, which is a subcategory of the larger umbrella of GRC. They also explore how Exterro's legal GRC software can help companies manage their data effectively and efficiently while ensuring compliance. Prior to Bill Piwonka’s current position at Exterro, he had extensive experience running marketing teams for typically small software companies, helping build them as they grew. His knowledge of both startups and large multinational global organizations, including Intel and Oracle, has given him a unique perspective on the dynamics of different companies. As an expert in compliance and data privacy, Bill's insights and expertise are invaluable to organizations seeking to improve their compli

"Most successful executives are well aware of meditation and the secret power of it, and that it has a competitive advantage because it can change the way they're thinking, access more levels of creativity and intuition," says Kara Goodwin, a meditation expert and Tom Fox’s guest on the latest episode of Innovation In Compliance. Kara and Tom discuss the transformative power of meditation, the benefits it offers to individuals and companies, and how it can help people find balance and purpose in their lives. She also talks about how meditation can change your brain, reduce anxiety and depression, and unlock your creativity and intuition. Kara Goodwin is a certified meditation teacher, and the host of The Meditation Conversation Podcast. With a corporate background in IT and sales, Kara's journey into meditation began when she moved to Italy and discovered the transformative power of this practice. Since then, she has been helping people develop their meditation practice through coaching, retreats, and online

In this insightful episode of the Innovation In Compliance podcast, Tom Fox welcomes Zachary Coseglia, the founder of the Ropes & Gray Insights Lab, to talk about the creation of the unique consultancy within the law firm. Zach dives into the challenges of building a team with diverse skill sets and backgrounds for a new function like the Insights Lab. He shares the value of data analytics for compliance, and how it can be used to improve investigations and understand patterns of behavior across the organization. Zach also highlights the complexities of working in-house, including managing relationships and understanding organizational intricacies.  With over a decade of experience in the pharmaceutical industry, healthcare, and life sciences, Zach Coseglia built a strong background in investigations, compliance analytics, and digital compliance. During his time as head of investigations in Asia Pacific for Pfizer, he came up with the idea to create an analytics and behavioral science consultancy within a la

Jag Lamba and Jared Ezzell from Certa, join Tom Fox on the Innovation In Compliance podcast to explore the essential elements of a thriving third-party risk management program. They emphasize the significance of minimizing reliance on third-party self-disclosures by utilizing technology and data. They also highlight the importance of integrating due diligence, training, and ongoing monitoring to create a comprehensive approach to risk management. The conversation extends to payment controls, charitable donations, and the integration of the program into the overall third-party risk management lifecycle.  Jag is the founder and CEO of Certa. Jared Ezzell is the Chief Customer Officer. Certa is a third-party lifecycle management platform for procurement, compliance, and ESG. Their no-code platform provides an easy and efficient way to digitize and manage the lifecycle of all suppliers, partners, and customers. Certa's automated onboarding, contract lifecycle management, and ESG management eliminate the procurem

Tom Fox’s guest in this episode of Innovation In compliance is Adrienne Bellehumeur. They discuss the significance of gap analysis in the design of internal controls, and why having a thorough understanding of design is critical to the success of gap analysis. They emphasize the importance of continuous improvement and avoiding a "pass-fail" approach to internal control programs. Adrienne also shares her five principles for creating high-value compliance programs. Adrienne Bellehumeur is the Director and Co-owner of Risk Oversight, a firm specializing in internal controls, internal audit, and compliance programs. She has written a book called The 24-Hour Rule and Other Secrets for Smarter Organizations: Including the 6 Steps of Dynamic Documentation, which is set to be published on March 7th and is geared towards managers who are seeking solutions through documentation. This book aims to provide a fun and foundational approach to documentation for the modern knowledge workforce and is the first mass-market b

What are some of the challenges facing board members in providing meaningful oversight? Christina Bresani, head of William Blair’s Corporate Advisory Team, is here to share her take. Host Tom Fox and Christina are going to delve into the current state of the corporate world, touching on the challenges faced by boards of directors. They'll also discuss the increase of unsolicited offers and the importance of being prepared for them. This is a thought-provoking conversation that will shed light on the current landscape of the corporate world. Christina Bresani is a seasoned investment banker with over 25 years of experience. She joined UBS right after graduation from Wellesley College where she studied economics and Spanish. After 20 years at UBS, she joined William Blair and currently leads the Corporate Advisory Team, a team that focuses on advising public companies on all things mergers and acquisitions. Key points you’ll hear them discuss: Christina tells Tom, “About 85% of the transactions that we're se

This week’s guests are Evgeny Likhoded, CEO and founder, and Vladimir Ershov, Head of Data Science, of Clausematch. They join Tom Fox to talk about a groundbreaking new innovation, the Digital Knowledge Graph in open source. Learn how this game-changer is revolutionizing the way compliance is managed and what it means for industries, companies, and governments around the world. Evgeny Likhoded is the CEO and founder of Clausematch, a global compliance and regulatory technology company. He started Clausematch to digitize and structure regulation and help regulators to innovate in the space. Jay has worked to solve a common problem in compliance - managing compliance documents and compliance content. He has brought all of the workflow and content management under one platform to provide compliance professionals a way to collaborate on content in real time. Vladimir Ershov is the head of Data Science at Clausematch. He has been working in the field of data science for four years and previously worked at Apple. V

Tom Fox hosts Ben Seals, CEO of Thomas Eye Group, on this episode of Innovation In Compliance. They delve into the company’s innovative approach to employee, customer, and business process experience. They also talk about how technology is changing how businesses operate and how it will impact healthcare in the future.  As the CEO of Thomas Eye Group, a full-service eye care provider, Ben Seals brings a wealth of experience to the table. With a background in operations, customer service, payor/provider contract relations, and acquisition integration, he has a diverse set of skills that he leverages to oversee the execution of the company's strategic vision. At Thomas Eye Group, the mission is to provide a lifetime of outstanding eye care, with a focus on sustainable growth that prioritizes patient care.  Here are some key points Tom and Ben discuss: Ben talks about his professional background and his current role at Thomas Eye Group. Thomas Eye Group was recently awarded with the ModMed Innovation Award,

Welcome to a special five-part podcast series on Operationalizing Your Compliance Program, sponsored by Broadcat LLC. Over this series, we consider a variety of ways to more fully operationalize your compliance regime, including the design and effectiveness of your communications, why the operationalization of compliance is a team sport, why simply data is not the answer and how to avoid being overwhelmed. In our Part 5 conclusion, I am joined by Taylor Edwards to discuss how compliance professionals can prevent from being overwhelmed by all of ‘this’. Highlights from this episode include: ·      Unpack your program through critical examination.  ·      Know your history and understand how you got where you are.  ·      Face data but do not be paralyzed by it. .  ·      It’s about being real and accountable.  For more information go to TheBroadcat.com

Welcome to a special five-part podcast series on Operationalizing Your Compliance Program, sponsored by Broadcat LLC. Over this series, we consider a variety of ways to more fully operationalize your compliance regime, including the design and effectiveness of your communications, why the operationalization of compliance is a team sport, why simply data is not the answer and how to avoid being overwhelmed. In Part 4, I am joined by Alex Klingelberger, CEO at Broadcat where we take a deep dive into effectiveness. Highlights from this episode include: ·      Compliance training must stay away from patronizing training material.  ·      The DOJ pronouncements on clawbacks puts the pressure on senior management.  ·      Bilateral communications is a critical component of a best practices compliance program.  ·      Compliance engagement is more than between your compliance function and employees. It is when employees engage each other about compliance topics as well.  For more information go to TheBroadcat.com

Welcome to a special five-part podcast series on Operationalizing Your Compliance Program, sponsored by Broadcat LLC. Over this series, we consider a variety of ways to more fully operationalize your compliance regime, including the design and effectiveness of your communications, why the operationalization of compliance is a team sport, why simply data is not the answer and how to avoid being overwhelmed. In Part 3, I am joined by Jaycee Dempsey to discuss operationalizing your compliance program through employee engagement and participation.  Highlights from this episode include: ·      Compliance is a team sport.  ·      The DOJ pronouncements on clawbacks puts the pressure on senior management.  ·      Middle managers is where the rubber meets the road.  ·      Document Document Document For more information go to TheBroadcat.com