How can Compliance feel less burdensome & more aligned with the businesses it is there to protect? In this episode, I return to exploring how Compliance, a 'brand' I hate but forms a cornerstone of managing Human Risk, can be made more effective. To...
How can Compliance feel less burdensome & more aligned with the businesses it is there to protect? In this episode, I return to exploring how Compliance, a 'brand' I hate but forms a cornerstone of managing Human Risk, can be made more effective. To do that, I'm joined by Nick & Gio Gallo, thought-leaders in the Compliance space.
Nick & Gio co-founded and are co-CEOs of a company called ComplianceLine (https://complianceline.com/) and hosts of the Ethics Experts podcast (https://theethicsexperts.simplecast.com/). Having both experienced Compliance on the front line of business, they think there's a better way for organisations to manage risk. I agree; which is why they're on the podcast.
In our discussion, we explore why companies sometimes get Compliance badly wrong, and what they can do to get it right. Nick & Gio talk about the shift from Compliance 1.0 (a legal approach of 'keeping people out of jail'), via Compliance 2.0 ('efficiency') to Compliance 3.0 (designing it with humans in mind to maximise the potential for human capital). And they've got some fascinating thoughts about how to make things better.
Whether you're in Compliance or are subject to its rules, Nick & Gio's insights are well worth hearing.