Compliance Adherence: A Hear No Evil, See No Evil, Speak No Evil Proposition?
Posted by piblogger on March 30, 2010 · Comments Off on Compliance Adherence: A Hear No Evil, See No Evil, Speak No Evil Proposition?
Like the person who refuses to seek proper medical attention for fear that the doctor may actually find something wrong, many corporations look at compliance investigation or analyses as a sign that the system has somehow broken down and therefore casts a negative “light” on both the individuals involved and the company as a whole.
As a result, non-compliance for which there can be a wide range of root causes from poor authorization procedures, to disparate platforms within largely decentralized enterprises to yes, even unethical practices both intentional and unintentional, is often delegated to the hushed recesses of ancillary background activity.
This can significantly limit the potential effectiveness of any undertaking to implement a much needed resolution. To effectively address issues of non-compliance it is imperative that an “autopsies without blame” approach which was first championed in Jim Collins’ book Good to Great, be an essential foundational element of any verification process.
Similar to the innocent until proven guilty edict that governs our legal system, a well designed compliance verification program looks to identify and solve problems rather than simply assigning blame. This of course paves the way for true cooperation and collaboration, as well as full disclosure.
Joining me on Thursday, April 1st at 12:30 PM EST on the PI Window on Business Show to discuss the intricacies of effectively managing compliance within the emerging global enterprise is industry expert Robert F. Connolly, MST from the BC Compliance Group, LLC.
Use the On-Demand Player Below to access the live broadcast on April 1st:
Vodpod videos no longer available.
In 2005, Rob Connolly, co-founded BC Compliance Group, LLC by merging his expertise with that Edward Botti’s former firm, Progressive Economic Concepts, LLC.
Their combined knowledge, expertise and integrity collectively provide greater than 42 years of experience, insight and dedication to their clients.
Over the past 18 plus years, Rob has specialized in the field of contract compliance, problem resolution, state and local taxation and unclaimed property. Rob has serviced clients in a wide variety of industries, both for-profit and not-for-profit, including Technology, Manufacturing, Transportation, Retail, Financial and Health Care. He and the professionals that he has aligned himself with have been highly successful, both domestically and internationally, in working with clients to help them realize millions of dollars in recoveries and savings while also guiding them to continue realizing these savings into the future.
Rob has a diverse background, providing expertise to clients in areas such as audit/problem negotiation and resolution, reverse audits (sales & use taxes), voluntary disclosures, credit studies, unclaimed property (i.e., escheat and abandoned property), tax planning and special projects. In addition, he is highly skilled in professional staff instruction and conducting educational training seminars for clients and staff. Rob is also an accomplished author on tax and contract audit related matters. Rob is the co-author of the New Jersey Tax Handbook published by the New Jersey Law Journal / American Lawyer Media and sponsored by the NJ Society of CPA’s and the NJ Chamber of Commerce.
Rob is a graduate of the PACE University, Lubin School of Business, where he received a Master of Science in Taxation. He also holds a Bachelor of Science in Accounting from William Patterson University. Rob is an avid sports enthusiast and home improvement novice. Rob, his wife, Gina and their two children, Matthew and Olivia, reside in Marlboro, New Jersey.