News & Analysis as of

Innovation Chief Compliance Officers

Mitratech Holdings, Inc

[Event] Interact 2024 - April 24th - 25th, London, United Kingdom

Mitratech is always ready to meet its community where they are (literally) — and Interact 2024 is a great chance to prove it. Join the world's foremost community of Corporate Legal & Claims, GRC, and HR tech-forward thinkers...more

Society of Corporate Compliance and Ethics...

[Virtual Event] 2021 Southern California Regional Compliance & Ethics Conference - January 22nd, 8:25 am - 5:30 pm PST

Our Virtual Regional Compliance Conferences provide updates on the latest news in regulatory requirements, compliance enforcement, and strategies to develop effective compliance programs. Watch, listen, and ask questions from...more

Thomas Fox - Compliance Evangelist

The Regional Compliance Committee

Innovation can come in various forms for an organization. Innovation can appear in a structural form. You can move compliance more deeply into your organization with new or different structures. One I have seen have success...more

Thomas Fox - Compliance Evangelist

Innovation Strategy For Your Compliance Program

Throughout March in my podcast 31 Days to a More Effective Compliance Program, I will be considering innovation in compliance from a variety of angles including Artificial Intelligence (AI), computer technology (ComTech),...more

Thomas Fox - Compliance Evangelist

Drum Solo Week 1: Jump into the Fire and Using Your Employees to Innovate

Tap into adjacent expertise and a broad network early in problem-solving. Almost universally, more successful innovators did not immediately solve a problem they were given as “they were likely to ask questions and engage...more

Thomas Fox - Compliance Evangelist

What is Innovation in Compliance and Why is it so Hard? Part IV

Over the past few blog posts, I have been exploring a recent article in Harvard Business Review (HBR)  by Gary P. Pisano, entitled “The Hard Truth About Innovative Cultures”....more

Thomas Fox - Compliance Evangelist

What is Innovation in Compliance and Why is it so Hard? Part III

Over the past few blog posts, I have been exploring a recent article in Harvard Business Review by Gary P. Pisano, entitled “The Hard Truth About Innovative Cultures”. Pisano says the conventional wisdom is innovative...more

Thomas Fox - Compliance Evangelist

What is Innovation in Compliance and Why is it so Hard? Part II

I am in the midst of exploring other facets of innovation in compliance and why many claim it is so hard. Yesterday, I paid honor to Southwest Airlines co-founder Herb Kelleher who brought innovation to the formerly staid...more

Thomas Fox - Compliance Evangelist

Classic Monster Movie Month: Part 3 – House of Frankenstein: Why Design Thinking Works in Compliance – Part III

This week I have been exploring a recent Harvard Business Review (HBR) article, entitled “Why Design Thinking Works”, by Jeanne Liedtka. I began a consideration on why design thinking can be such a powerful tool to create a...more

Thomas Fox - Compliance Evangelist

Astros Heading to Back-to-Back: Why Design Thinking Works in Compliance – Part I

I took a course in design thinking last year so I could familiarize myself with the technique. One key is the input from your customer base as a part of the design process. For any Chief Compliance Officer (CCO) or compliance...more

Thomas Fox - Compliance Evangelist

Holmes, Innovation & Compliance: Part V – The Digital Future

I conclude my week-long exploration of the intersection of Sherlock Holmes, innovation and compliance by asking: is your compliance function ready for a digital future?...more

Thomas Fox - Compliance Evangelist

Holmes, Innovation & Compliance: Part III – CCO as Data Translator

I continue my innovation themed blog week, overlaid with a Sherlock Holmes premise. Today I use The Adventure of the Speckled Band to introduce the topic of the Chief Compliance Officer (CCO) as a data translator. ...more

Thomas Fox - Compliance Evangelist

Day 20: What Does Innovation in Compliance Look Like?

As I end this section on innovation, I want to conclude by laying out a road map which allows a CCO or compliance practitioner to make more effective and better operationalize a corporate compliance program. With the DOJ’s...more

Thomas Fox - Compliance Evangelist

Bon Jovi, Social Media and Listening in Your Compliance Program

For every CCO or compliance practitioner, you have multiple audiences. First and foremost is your employee base but there can be third parties, shareholder or other stakeholders. One of the key insights of a number of...more

Thomas Fox - Compliance Evangelist

Innovation in Compliance – Part III: Design Thinking

I continue to explore innovation in the compliance function by considering how design thinking can help the Chief Compliance Officer (CCO) move forward in an innovative cutting edge manner to make a compliance program not...more

Thomas Fox - Compliance Evangelist

Innovation in Compliance Week, Part II-Superforecasting

I continue my Innovation in Compliance series today by discussing “superforecasting” and its use by a compliance function. Imagine that as a Chief Compliance Officer (CCO), you could create a team which might well...more

Thomas Fox - Compliance Evangelist

Tribute to Dr. Jannetta and Improvisation in Compliance

It is rare you are able to write about someone who directly changed the quality of your life. Rarer yet that you did not know about him, only what he created, until you read his obituary. That happened to me recently when I...more

Thomas Fox - Compliance Evangelist

Sherlock Holmes and Innovation in the Compliance Function, Part II – The Sign Of Four

Today we honor Conan Doyle’s second Sherlock Homes novel, The Sign of Four. The novel was published in 1890 but the story is set in 1888. The story entails a complex plot involving service in East India Company, India, the...more

Thomas Fox - Compliance Evangelist

Innovating In Compliance To Create Shared Stakeholder Value

Mercifully, the season is over for the Houston Astros. To say that the 2013 Astros will become the poster child for abysmal-ness would be to insult poster children. After all, the owner designed the team to lose so that he...more

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