Accountability: The Heart of Compliance

We have been getting accountability all wrong in the compliance profession. It's not a set of tasks - it's a way of thinking and it has to come from the heart as well as the head. On Accountability: The Heart of Compliance Tom Fox and Sam Silverstein dig into what accountability means to the corporate compliance function and business organizations and most significantly, how to make it an integral part of your culture. In this episode Sam and I continue our three-part series to consider the current disaster Boeing finds itself in from the accountability perspective and what it might do to crawl out of the deep hole it finds itself in. In this Part 2, we consider accountability by management to the employees and other stakeholders. Some of the highlights include:

· What is the Leader’s Commitment to Accountability?

· Why should the new Boeing CEO rent out CenturyLink Field?

· How did Boeing fail in the commitment to create a safe space for employees? How can that trust be regained?

· What is an employee’s commitment to a good reputation? Why is this a long-term commitment? What can Boeing leadership do to commit to accountability in the long term?

For more information on Sam Silverstein and his work on accountability, click here.

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We have been getting accountability all wrong in the compliance profession. It's not a set of tasks - it's a way of thinking and it has to come from the heart as well as the head. On Accountability: The Heart of Compliance Tom Fox and Sam Silverstein dig into what accountability means to the corporate compliance function and business organizations and most significantly, how to make it an integral part of your culture. In this episode Sam and I begin a three-part series to consider the current disaster Boeing finds itself in from the accountability perspective and what it might do to crawl out of the deep hole it finds itself in. In this Part 1, we consider accountability from employees to their fellow employees and up towards management. Some of the highlights include:

· What is an employee’s commitment to values in an organization? What are your Foundational Values? Your Relational Values? Your Professional Values? Your Community Values?

· How employees commit to ‘it’s all of us’ so that all employees rise or fall together?

· Is bringing in a new CEO enough or must an organization do more?

· What is an employee’s commitment to a good reputation? How do you get alignment in word and deed to commit to accountability?

For more information on Sam Silverstein and his work on accountability, click here.

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We have been getting accountability all wrong in the compliance profession. It's not a set of tasks - it's a way of thinking and it has to come from the heart as well as the head. On Accountability: The Heart of Compliance Tom Fox and Sam Silverstein dig into what accountability means to the corporate compliance function and business organizations and most significantly, how to make it an integral part of your culture. In this episode we consider the process for building a culture of compliance. Some of the highlights include: · How to perform an accountability assessment?· What is a core values evaluation?· How can you both discover and assess your company’s core values?· How can you establish core values?· How can you disseminate your core values throughout your organization? For more information on Sam Silverstein’s Consulting and Organizational Development, click here.

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Sam Silverstein and Tom Fox, hosts of the new offering from the Compliance Podcast Network, want to welcome you to Accountability: The Heart of Compliance. Tom asks Sam to share with listeners - why exactly is he so passionate about accountability?

A Little Foundation What is accountability? Sam explains it is the foundation for being the best we can be. He says we all got it all wrong: we tend to think accountability is a way of doing things, but it is actually a way of thinking things. Sam shares how he has discovered some amazing things through prioritizing accountability - especially commitment; keeping commitments to people, commitments to the truth, commitments to values. And as a leader, when you show commitment, employees want to show commitment back to you.

Integrity Is an All-Around Thing Sam notes that we often tend to think there’s a big difference between our personal lives and our professional lives but in reality, if we choose to live a life of integrity, that means all areas of our lives have to agree, have to align, whether at home, on the beach or in the business.

What Does it Mean for Business? There are a lot of organizations that operate with a lot of money but little integrity. Sam believes if you run a business with integrity, you will end up with much more money over the long haul, even if it takes more time. Treat your team members with integrity, and they will put in the work and in turn, they will treat your customers the right way. In small businesses, it can be easy for a leader to succumb to pressure, but it’s important to remember to keep making decisions based on what’s right and not based on money only.

What Are the Benefits of Accountability? Sam talks about the responsibilities of an employee: getting the job done and done right, on a timely basis. When a leader is committed to making every decision based on values, employees are inspired to want to make those same commitments in return, be more engaged and take a ‘rather-die-than-let-you-down’ attitude because they know that their leader has the same attitude towards them. Ultimately, he says the quality of work reflects the relationship between the leader and the employee.

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We have been getting accountability all wrong in the compliance profession. It's not a set of tasks - it's a way of thinking and it has to come from the heart as well as the head. On Accountability: The Heart of Compliance Tom Fox and Sam Silverstein dig into what accountability means to the corporate compliance function and business organizations and most significantly, how to make it an integral part of your culture. In this episode Sam and I, talk about the Accountability Assessment. Some of the highlights include:

· The Accountability Assessment creates a baseline by which you can create a roadmap.

· You can benchmark against your Accountability Assessment for continuous improvement.

· An Accountability Assessment can identify gaps in your corporate culture.

For more information on Sam Silverstein and his work on accountability, click here.

See Sam’s blog post, Corporate Culture: Accountability Means Acting on What You Stand For

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