Why do organizations need a formal compliance program, and what steps are necessary to create one?
Are there benefits a company will gain by setting up an effective ethics and compliance program?
What are the requirements, based on federal sentencing guidelines, for establishing a compliance program?
Are there recommended methods for implementing these requirements?
Can ethical decision-making contribute to an organization’s success?
Is there a way to mitigate the potential penalties associated with ethical breaches?
- high - medium - low
Business Management
IT Management
Security and Privacy
Bruce Hamm, Principal Consultant and Founder of Compass Solutions, a business ethics and compliance consulting firm, explains why organizations need a formal compliance program, and outlines the steps necessary to create one. He begins by discussing the benefits a company will gain by setting up an effective ethics and compliance program, such as prevention or reduction of criminal penalties, improved public image, and even market leadership. Hamm continues by outlining the requirements, based on federal sentencing guidelines, for establishing a compliance program. He then walks the viewer through recommended methods for implementing these requirements. Along the way, Hamm discusses, in detail, several guiding principles that should be followed to ensure that current compliance standards are met. He concludes by pointing out how ethical decision-making can contribute to an organization’s success.
By watching this program, you will:
~ Learn why it’s important to establish an ethics and compliance program;
~ Understand how to work with the federal sentencing guidelines to establish an ethics and compliance program; and
~ Be able to mitigate the potential penalties associated with ethical breaches.
PROGRAM TOPICS:
WATCHIT PROGRAMS
INTRODUCTION
PROGRAM ROI
AGENDA
PRESENTER DISCLAIMER
VALUE-ADDED RESOURCES INCLUDED WITH THIS PROGRAM
BENEFITS OF AN ETHICS AND COMPLIANCE PROGRAM
Seven Major Benefits To An Effective Ethics Program
Seven Major Benefits: Prevention Or Reduction Of Criminal Penalties
Seven Major Benefits: Improved Public Image
Seven Major Benefits: Enhancement Or Restoration Of Investor Confidence
Seven Major Benefits: Preventing Civil Lawsuits
Seven Major Benefits: Employee Retention
Seven Major Benefits: Market Leadership
Seven Major Benefits: Setting The Example
REQUIREMENTS FOR ESTABLISHING AN EFFECTIVE COMPLIANCE PROGRAM
Principles In Establishing An Effective Compliance Program
HOW TO IMPLEMENT THE FEDERAL SENTENCING GUIDELINE REQUIREMENTS
- high
- medium
- low
