Justin Ross on the Compliance Challenges of an Essential Business [Podcast]

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Post By: Adam Turteltaub

There are few businesses seen as more essential today than FedEx. Its trucks have become a lifeline for many. But just because a company can and must operate, doesn’t mean it enjoys carte blanche to do what it likes. The rules still apply.

So how do you keep your organization within the lines? Justin Ross, Staff Vice President and Chief Compliance Officer of Federal Express, advises in this podcast that compliance professionals first realize that employees are distracted, under pressure both at work and at home, and receiving copious amounts of information from all sides. As a result, compliance teams have to be strategic about their communications, focusing on the biggest risks and how they are relevant in the current environment.

Other advice includes:

  • Fall back on the cultural foundation of the organization, especially if it’s a strong one
  • Make sure that acting quickly doesn’t mean cutting corners
  • Remember that the usual risk areas – FCPA, sanctions, export controls — don’t disappear during a crisis
  • Make it safe for employees to come forward

Listen in to learn more about managing today and what the future is likely to hold.

1 COMMENT

  1. The joint enterprise defense infrastructure or J E DI the digital networking platform meant to facilitate real time information and data sharing amongst the various armies of the UNITED STATES namely the Air force, Military and Navy should be designed and developed in such a way that it has the ability to cover and serve all the external or foreign countries or territories that any of these armies may be operating or have a base for the staging and deployment of troops. In other words the user or users of the platform should be able to send and receive real time information or data from troops anywhere in the world but should not just be limited to the command centers or offices within the UNITED STATES. It should also be able to transmit or broadcast information easily across the mainstream media and communication channels such as RADIO, TELEVISION and INTERNET including those of foreign countries where US troops may be operating or based so as to enable quick collaboration between local troops when necessary. Another factor to consider in the design, development and building of this infrastructure is that it should be built with EMBBEDED TECHNOLOGY APPLICATION FUNCTIONALITIES so it can operate hardware devices outside the computerized system for instance to control and fly drones and aircrafts that could deliver essential supplies such as tools or medicine to troops anywhere in the world or even launch missiles at targeted sites. It should also be developed and built to have direct link with the camera systems of the INTERNATIONAL SPACE STATION to enable it capture live and real time photographic images of every portion or location of the planet such as LAND, SEA, AIR and SPACE to enhance the delivery of precise and accurate information to troops anywhere they may be based or operating for rapid response . To sum it all up the infrastructure should be designed, developed and built in such a way that it operate similar to a play station or a gaming device but with the ability to control. move and operate real life objects , machines and systems for maximum productivity.

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