January 22, 2010

Back in the Saddle

This past year was a difficult one for most companies. I am happy to say that EthicsPoint not only survived but thrived during one of the worst economic periods in recent memory. But the work load to succeed took its toll and my conversation with you suffered.

To all of you who took the time to link into my blog last year, I want to reiterate how much I enjoy sharing my thoughts in a blog format and that I am dedicating the time and discipline this year to be attentive to this dialog.

My blog will soon take on some new dynamics. I also have one of our analysts working with me to ensure I remain current and vocal around the important topics in GRC. A new section of my blog site will be dedicated to monitoring important legislation or regulations. There are many new areas of fraud and risk evolving and the compliance emphasis on FCPA, supply chain management and green initiatives is growing exponentially. I hope to keep current on each of these and share my thinking both here and thru Twitter.

This past week the FBI showed that it was serious about FCPA enforcement. Their sting efforts were very effective. Dan Karson of our partner Kroll Worldwide said in a recent article,“This [sting] has sent a chill down the back of a lot of companies…Mainstream companies, not just from the defense industry, are now wondering, 'Am I at risk?'” I have been suggesting for months that small and midsized companies need to better understand their supply chain and extend their compliance programs to these stakeholders. With these new "rules of engagement" the risk level within supply chains just moved to a new DEFCON level.

More comments to follow and please comment and tell me what you think.

Comments

2 Responses to "Back in the Saddle"

David Childers said... January 24, 2010 at 11:08 AM

The attached article is linked to the title "Back in the Saddle". We will get this corrected shortly so that it is more intuitive.

Heidi Teresi said... January 25, 2010 at 6:15 AM

David,

I'm glad your back! I really enjoy reading your blog and look forward to the upcoming dialog.

Regards,
Heidi Teresi

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About Me


David Childers
President
& CEO
of EthicsPoint


View David Childer's profile on LinkedIn contact david Email Me

ethicspointCEO@gmail.com

Favorite Quotes:

Ronald Reagan
There are no easy answers, but there are simple answers. We must have the courage to do what we know is morally right.

John Quincy Adams
If your actions inspire others to dream more, learn more, do more and become more, you are a leader.

Aristotle
We are what we repeatedly do. Excellence, therefore, is not an act but a habit.

Ray Kroc
The quality of a leader is reflected in the standards they set for themselves.

John Maxwell
The first step to leadership is servanthood.