Compliance Perspectives
Andrew McBride on Measuring Program Effectiveness [Podcast]
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:14:34
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Sinopsis
By Adam Turteltaub How do you know your compliance program is working, both for your peace of mind or if the government comes knocking? It’s a tough question, and many wonder either how to start measuring or if they’re measuring the right thing. Andrew McBride, Founder & Chief Executive Officer at Integrity Bridge, has a great deal of experience in this area from his time serving as Chief Compliance Officer at Albemarle. In the wake of an FCPA scandal, the company had to be able to demonstrate the strength and effectiveness of its efforts. In this podcast he advises you remember three key questions from the US Department of Justice’s compliance program evaluation criteria: Is the program well designed? Is it applied earnestly and in good faith? Is it working? At the same time, though, he cautions not to just seek simple metrics alone. It’s important to also track why you are measuring what you are measuring. Compliance teams need to take the time to build out the supporting narratives that explain why and