News & Analysis as of

Leadership Corporate Culture Corruption

Thomas Fox - Compliance Evangelist

Transforming Culture: Part 5 – Ongoing Monitoring and Continuous Improvement of Culture

Boeing is not the first company to find itself amid a massive scandal. You can think of Siemens’ bribery and corruption scandal, the VW emissions-testing scandal, the Wells Fargo fraudulent accounts scandal, or any other...more

Thomas Fox - Compliance Evangelist

Leadership’s Conduct at the Top

The 2022 Monaco Memo emphasized the basic point that the key to every company is culture. The bottom line is that corporate culture matters and corporate culture that fails to hold individuals accountable, or fails to invest...more

Thomas Fox - Compliance Evangelist

Adam Balfour on Ethics & Compliance for Humans

I recently had the opportunity to sit down with Adam Balfour, author of Ethics and Compliance for Humans. We had a great conversation about his book and the importance of ethics, compliance, and leadership in organizations....more

Society of Corporate Compliance and Ethics...

[Event] 11th Annual European Compliance & Ethics Institute - March 20th - 22nd, Amsterdam, Netherlands

In-person is back! Join us in Amsterdam for the 2023 European Compliance & Ethics Institute! Strengthen your compliance and ethics program by attending our 11th annual European Compliance and Ethics Institute, 20-22 March...more

The Volkov Law Group

The State of Corporate Board Performance and Accountability (Part I of IV)

The Volkov Law Group on

It is perhaps fitting that we are coming up on the one-year anniversary of the Business Roundtable’s Restatement of Corporate Purposes, which was signed by 181 corporate leaders and widely-praised for its expansion of...more

The Volkov Law Group

The Demand for Organizational Justice

The Volkov Law Group on

Companies do not operate in a vacuum.  Political and social forces have a dramatic impact on individuals who in turn constitute a company’s workforce. ...more

Latham & Watkins LLP

Wachsende Bedeutung der Unternehmenskultur

Latham & Watkins LLP on

Was Unternehmen aus einem der größten Baseball-Skandale lernen können - Selten hatte die juristische Aufarbeitung sportlicher Verfehlungen einen so großen Nachhall wie zuletzt beim „Sign Stealing“ in der Major League...more

Sheppard Mullin Richter & Hampton LLP

Foul Balls and Red Cards: How Baseball and Soccer’s Different Approaches to Cheating Illustrate the Power of Organizational...

This spring, two major sports teams were caught cheating. Both are consistent championship contenders in recent years. In the United States, hardly any sports fan could have missed the report released by Major League...more

The Volkov Law Group

The Danger of a Hyper-Focused Sales Culture

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We all know that economic incentives are critical to promoting performance.  Going back to the days of Adam Smith, the U.S. economic growth is the result of a basic motivation – hard work can result in significant...more

The Volkov Law Group

Admit It – Your Compliance Program is Not Really “Effective”

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Chief compliance officers are heroes.  They labor every day to advance a company’s ethics and compliance program without much recognition, with few resources, and with well-known gaps in their programs....more

The Volkov Law Group

The Impact of a New CEO

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Businesses have to evolve in order to respond to the market, consumer demands, societal pressures and stakeholder expectations.  Companies grow and pivot in two ways – organically or through acquisition or sales of parts....more

Thomas Fox - Compliance Evangelist

The Astros Players and Communicating Compliance

The Houston Astros sign-stealing scandal is only going to get worse and worse. In addition to the report by Wall Street Journal (WSJ) of the “Dark Arts” program by the Astros front office to steal signs in a program called...more

Thomas Fox - Compliance Evangelist

Tribute to The Boys of Summer and Toxicity in Houston

The Houston Astros sign-stealing scandal filled out quite a bit last week with two significant new items. The first was an interview on the MLB Network by Tom Verducci, of disgraced Astros manager A.J. Hinch (Hinch...more

Thomas Fox - Compliance Evangelist

The Elements of Good Judgment: Part 3

Today, I conclude the topic of judgment for compliance professionals. I recently read a Harvard Business Review (HBR) article on the topic by Sir Andrew Likierman, entitled “The Elements of Good Judgment: How to Improve Your...more

Society of Corporate Compliance and Ethics...

Compliance Perspectives: Sign Stealing in the MLB

Breaking the rules is breaking the rules no matter where it occurs. And for those of us in compliance there is much to learn from scandals of all sorts. Chris Rose, the co-host of Intentional Talk on the MLB Network and...more

Thomas Fox - Compliance Evangelist

The Astros Cheating Scandal and Compliance – Part 5: The Whistleblower and The Amnesty

I am nearing the end of a multi-part exploration of the Major League Baseball (MLB) investigation into allegations that the Houston Astros engaged in a multi-year scheme to steal signs and signals from opposing teams. ...more

Thomas Fox - Compliance Evangelist

The Astros Cheating Scandal and Compliance – Part 4: Ethics and The Truth of the Game

Today, I wanted to consider some of the ethical issues involved, why do we have ethics, more specifically, why do we have ethics in sports. At its most basic, ethics is knowing right from wrong. There is no question the...more

Thomas Fox - Compliance Evangelist

The Astros Cheating Scandal and Compliance-Part 2, Hinch and Luhnow

I am in the midst of a multipart exploration of the Major League Baseball (MLB) investigation into allegations that the Houston Astros engaged in a multi-year scheme to steal signs and signals from opposing teams. MLB issued...more

Thomas Fox - Compliance Evangelist

Farewell to Harrison Dillard and a CCO Using Empathy

As a Chief Compliance Officer (CCO) one of the most powerful tools you have is persuasion. Jenny O’Brien, CCO at UnitedHealthcare, has talked about the techniques that a CCO can use to influence decision making in a company...more

The Volkov Law Group

When Company Supervisors and Managers Engage in Misconduct

The Volkov Law Group on

We all know the phrase – “A fish rots from its head.”  A perfectly accurate statement as to how corporate culture can suffer from leadership failures or C-Suite misconduct.  But there is much more to corporate culture than...more

Thomas Fox - Compliance Evangelist

Casebook of Sherlock Holmes: The Blanched Soldier-Learning to Ask For Help

Many compliance professionals in the corporate world work long and it is hard to rise to the senior management level in their organizations. It takes SME, hard work and sometime propitious good fortune to get to the C-Suite...more

The Volkov Law Group

What Happens When Managers Misbehave?

The Volkov Law Group on

Company managers are the lynchpin of a corporate compliance program. Without belaboring the Tinkers to Evers to Chance baseball analogy, a corporate culture of compliance requires an important information and accountability...more

Thomas Fox - Compliance Evangelist

Connected Compliance

I recently had the chance to visit with Valerie Charles, the Chief Strategy Officer (CSO) at GAN Integrity, Inc. (GAN Integrity) about a subject that is fastly becoming one of the more topical conversations in the compliance...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

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