Richard Bistrong on Understood vs. Defensible Compliance [Podcast]

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defensible compliance

SCCE Compliance & Ethics Institute speaker and CEO of Front-Line Anti-Bribery LLC, Richard Bistrong and host Kortney Nordrum discuss the nuances of understood versus defensible compliance, including:

  • Richard’s fascinating past;
  • Why he was compelled to join the compliance and ethics fight;
  • How to do your job well, and still follow the rules (even in sales) reflecting on the recent Unfair & Unbalanced Podcast;
  • The results of SCCE’s Compliance & Ethics Program Objectives Survey;
  • What the survey tells us about morale in the compliance department;
  • The importance of training and providing opportunities to speak up;
  • The differences between defensible and understood compliance;
  • Who fights for which; and
  • Why we need both.

For more information on SCCE’s Compliance & Ethics Institute, taking place September 25-28 in Chicago, click here.

To view SCCE’s full Compliance & Ethics Program Objectives Survey, click here.

To listen to episode 8 of Unfair & Unbalanced, click here.

In Richard’s own words:

I bribed foreign officials, cooperated with international law enforcement & went to prison. Today, I share that front line experience for the benefit of others who confront overseas corruption risk in the field, & for those compliance professionals & practitioners tasked with helping them to manage risk.

My consultancy, Front-Line Anti-Bribery, LLC is based on my experience which includes 10+ years as an International Sales Executive, & an extended period of covert cooperation with US & UK law enforcement. I elevate that perspective, through my writings & presentations, in order to bring value to current anti-bribery compliance challenges. I speak to real-world emotions, temptations & rationalizations that are not often discussed, understood or addressed by compliance personnel & C-Suite occupants. Thus, it is a complement to existing legal, audit and regulatory compliance efforts and programs.

I ask:

Is compliance viewed as “bonus prevention” by your international business teams? In other words, is compliance, business strategy & incentive compensation properly aligned?

Do your front line business teams view compliance as nothing but a “bolt-on” set of rules & procedures where they ponder “what does management really want” at the field level?

Is the international front line being properly trained & drilled in the real-world identification of the red-flags, hazards & early warnings of bribery activity & corruption risk?

My goal is to bring value to current anti-bribery efforts by sharing my experience & perspective in how bribery is confronted at the front lines of business. By hearing a first hand account, Executives & Compliance Personnel will then have a “clear eyed” behavioral view of how bribery is rationalized in the field of overseas business.

For more information feel free to e-mail Richard at Richardtbistrong@gmail.com