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.
If your organization is like most, formal communication to the board is limited to semi-annual or quarterly board meetings. The agenda is packed. Compliance will be competing with sales, finance and operations for both time and attention. It is not unusual for you to get only 15 minutes to provide full rundown on E&C program performance including any issues that came up since the last meeting. The question is, how to make those minutes count?