26 min
Episode 204 -- The Way Forward on Corporate Culture Corruption Crime & Compliance
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- Business News
The culture bandwagon is picking up steam. Everyone is citing its organization’s “culture” as the foundation for its activities in the hope of meeting a rapidly evolving standard for organizations. In its latest corporate compliance guidance, the Justice Department, along with numerous regulatory agencies continue to cite the importance of a company’s “culture of compliance.”
But when it comes to defining the terms, how to manage a company’s culture and how to measure, monitor and measure a company’s culture – everyone responds with a blank stare. That is when we hear the Justice Potter Stewart famous definition of obscenity, “I know it when I see it.”
To provide my own perspective on some of these issues, I am dedicating this podcast episode to corporate culture. My answers may not be “correct” or even “persuasive,” but the dialogue has to begin. I have long advocated for practical approaches to defining, managing and maintaining a company’s culture. As I often write, culture is a company’s most important “internal control.”
The culture bandwagon is picking up steam. Everyone is citing its organization’s “culture” as the foundation for its activities in the hope of meeting a rapidly evolving standard for organizations. In its latest corporate compliance guidance, the Justice Department, along with numerous regulatory agencies continue to cite the importance of a company’s “culture of compliance.”
But when it comes to defining the terms, how to manage a company’s culture and how to measure, monitor and measure a company’s culture – everyone responds with a blank stare. That is when we hear the Justice Potter Stewart famous definition of obscenity, “I know it when I see it.”
To provide my own perspective on some of these issues, I am dedicating this podcast episode to corporate culture. My answers may not be “correct” or even “persuasive,” but the dialogue has to begin. I have long advocated for practical approaches to defining, managing and maintaining a company’s culture. As I often write, culture is a company’s most important “internal control.”
26 min