By Morgan Hamel and Keith Darcy Part 1 Background In 1970, Alan Toffler and his wife, Adelaide Farrell, wrote a best-selling book, Future Shock, wherein he defined the title of the book as “disorientation due to premature accelerated change.” Toffler wrote that the speed of change leaves us confused and disoriented. Looking back, however, theContinue reading “A New Era of Stakeholder Activism: Why We Are Disoriented and What to do About It”
Category Archives: Ethics
Ethics and Compliance in a Pandemic Environment
The life-threatening pandemic, along with the global economic collapse, raise significant new risks for organizations everywhere. Ethics and compliance executives are challenged to deal with these new (ab)normal conditions, while facing considerable pressure to do “more with less.” This article explores these issues, and calls attention to how and where risk managers need to prioritize their time and activities in order to manage against a tsunami of increasing risks.
A Commencement Address
The world is a mess. A still-surging life-threatening virus has brought the entire planet to its knees. Health systems and front line warriors are completely overwhelmed and at risk. In our attempt to respond to COVID-19 by sheltering-in-place we face a global economic collapse not seen since the Great Depression. Particularly hard hit by theContinue reading “A Commencement Address”
The New (Ab)Normal
Author Mary Higgins Clark once noted there are only three places in the world that begins with the article “The” – The Hague, The Vatican, and The Bronx (also known as Da Bronx). My journey began in that colorful, closely-knit bedroom borough north of Manhattan comprised mostly of lower/middle and middle class people from various ethnic backgrounds, spread among numerous apartment houses and single-family homes.
A Defining Moment: Dealing With Disruption
For most of my career, my routine was predictable. I awakened early, well before dawn. After showering and getting dressed, I’d pour a cup of coffee into my travel mug, get into my car, and begin the 50 mile drive to my office in lower Manhattan. Upon arrival I would check my in-box, and reviewContinue reading “A Defining Moment: Dealing With Disruption”
A Defining Moment
No living generation has ever experienced a pandemic. When the novel coronavirus knocked on our door, there was no playbook to rely on. We are in virgin territory, blindly Brailleing our way into a very uncertain future. As much as we pray for a quick resolution to this crisis – sufficient and reliable testing andContinue reading “A Defining Moment”
Keith Darcy: How Boards Can Raise the Bar on Ethics and Compliance
A symbiotic relationship between ethics and compliance can help companies deliver shareholder value and mitigate risks. Keith Darcy, independent senior advisor to Deloitte & Touche LLP’s Governance, Regulatory & Risk Strategies enterprise compliance practice, discusses how boards can guide an organization’s ethics and compliance efforts in light of heightened regulatory scrutiny and emerging threats. Mr.Continue reading “Keith Darcy: How Boards Can Raise the Bar on Ethics and Compliance”
Curbing Bribery and Corruption with a Strong Corporate Culture
“Broadly ethics and compliance programs are effective when they are industry specific metrics oriented and operationalized” noted Keith Darcy, an independent senior advisor to Deloitte Touche LLP’s Regulatory and Operational Risk practice and a presenter on the webcast. He pointed to several requirements issued by the US government to operationalize and standardize corporate compliance programsContinue reading “Curbing Bribery and Corruption with a Strong Corporate Culture”
Managing Global Ethics and Compliance as an Asset, not an Expense
Managing risk within a global organization includes identifying new and emerging threats and expanding the reach of its ethics and compliance programs despite still challenging economic conditions. In this second of two articles featuring Keith Darcy, independent senior advisor to Deloitte & Touche LLP’s Governance, Regulatory & Risk Strategies enterprise compliance practice, he discusses howContinue reading “Managing Global Ethics and Compliance as an Asset, not an Expense”
The Effective Practitioner – Ethics and Compliance: Birth of a Profession
In the face of a skeptical audience, self-assured in their own ethical values and performance and questioning as to the value and need for compliance, Keith Darcy provides an important reminder of the story behind the emergence of a new profession, in a world demanding both greater wealth, and higher moral standards where the endsContinue reading “The Effective Practitioner – Ethics and Compliance: Birth of a Profession”
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