All Posts By

Michael Volkov

coffee mug culture is your brand
Leadership and career
November 15, 2017

Protecting Your Corporate Culture

The Objective of Due Diligence There is immense benefit to thoroughly vetting third parties, and it goes far beyond avoiding enforcement actions from the likes of the SEC, DOJ and other regulatory agencies. When you do business with risky suppliers and vendors domestically or abroad, you put your organization's reputation…
Read More
Compliance
September 25, 2017

Working in a “Happy Talk” Corporate Culture

When Organizations Lack Real Commitment to E&C Every Chief Compliance Officer wants to be on the same page as the C-Suite and board of directors when it comes to a commitment to ethics and compliance. Without experience working inside the organization, however, it is difficult to tell the difference between…
Read More
Leadership and career
July 5, 2017

Managing Your Ethical Culture

This article was republished with permission from Michael Volkov’s blog, Corruption, Crime & Compliance. In the wake of ever-constant business scandals (e.g. ZTE, VW, Takata, Odebrecht), chief compliance officers have to refresh their approach and strategy. Everyone agrees, or at least I think they should agree, that a company's most effective control…
Read More
Compliance
June 22, 2017

5 Common Mistakes Chief Compliance Officers Make (And How to Avoid Them)

Chief Compliance Officers are fallible – I know that is not a controversial statement. To err is human, and CCOs are members of the human species. With the enormous expectations placed on CCOs' shoulders, they are bound to make some mistakes. I have seen CCOs who have run into difficulties,…
Read More
Compliance
June 14, 2017

The 2 Most Important Words in a Compliance Dictionary

This article was republished with permission from Michael Volkov’s blog, Corruption, Crime & Compliance. Humans have an innate desire to complicate things. When it comes to ideas, professionals are no different; compliance consultants, lawyers, financial advisers and others enjoy solving complicated problems. Such an approach, however, does a disservice to clients and…
Read More
Compliance
May 15, 2017

The Win-Win Argument

This article was republished with permission from Michael Volkov’s blog, Corruption, Crime & Compliance.  My good friend and colleague Dan Chapman, now the CCO at VimpelCom, is a compliance rock star. I have known Dan for years, beginning when he took over at Parker Drilling and implemented a world-class remediation program to…
Read More
Compliance
April 19, 2017

Hiding Behind the Privilege

This article was republished with permission from Michael Volkov’s blog, Corruption, Crime & Compliance. CCOs face many challenges in their jobs. One area that is difficult but usually can be solved with common sense is where to draw the line on attorney-client privilege issues. As a practicing attorney, I can attest to…
Read More
Compliance
April 12, 2017

CCOs Cannot Ignore C-Suite Risks

This article was republished with permission from Michael Volkov’s blog, Corruption, Crime & Compliance. As the headlines continue to point to major misconduct and scandals involving senior corporate executives, compliance officers need to refocus their efforts and address a critical need. All too often, CCOs have difficulty in requiring board members and…
Read More
Compliance
March 24, 2017

Talking with Your Feet

Chief compliance officers are optimistic and committed to "doing the right thing." It is in their blood and may be at the core of their professional fabric. My guess is that there are far fewer CCOs who like to push the envelope than their legal counterparts. Some lawyers are capable…
Read More
Compliance
August 3, 2016

4 Signs of a Weak Culture of Compliance & Ethics

We all know the importance of promoting a culture of compliance and ethics. The benefits of an ethical culture are substantial and worth every penny of investment in creating and promoting such a culture. We do not need to spend time justifying why an ethical culture is important to company…
Read More
close

Enjoyed this? Follow us & Share!