Make the Most of the Boardroom
Learn how to prove and communicate the value of your program while becoming a strategic partner to the C-suite and your board.
The value of your compliance program is demonstrated with a mixture of art and science. Hard data and evidence-based information is your scientific proof, while more abstract observations of attitudes and behaviors make up the art of your compliance program. Together the art and science of your work tells its story of effectiveness.
This section will give you the guidance to best tell your compliance program’s story of effectiveness through best practices in program assessment and benchmarking. It will give you the tools you need to package the raw data of your work into a compelling presentation to your CEO, board and senior management. And it will provide expert advice to help guide you through nurturing key relationships across your organization to showcase the value of your program even when it’s not in the spotlight.
“Packed” is not a term unfamiliar with the descriptions of board meetings. So before walking into your next board presentation, review these recommendations so that you can be timely, direct and prepared for an effective and impressive presentation.
“Packed” is not a term unfamiliar with the descriptions of board meetings. So before walking into your next board presentation, review these recommendations so that you can be timely, direct and prepared for an effective and impressive presentation.
With “packed” being a customary term used to describe board meetings, it is critical that compliance professionals fully prepare and educate their board of directors before stepping up to the podium or flipping on the projector. Even top compliance professionals may only get 15 minutes to update their boards on their ethics and compliance programs. It’s not nearly enough time, but in many cases it has to be.
In order to make the most effective use of your board presentations and ensure board members are meeting their oversight duties as outlined in various regulatory guidance directives, maximize opportunities before your meeting to ensure the time in the meeting is as fruitful as possible.
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