Welcome to the Greetings and Felicitations, a podcast where I explore topics which might not seem to be directly related to compliance but clearly influence our profession. In this special series, I consider many structural engineering concepts are apt descriptors for an anti-corruption compliance program. In this concluding episode 5, I consider the Tacoma Narrows Bridge failure and preventing failure in your compliance program. Highlights include:

·      Why and how did the Tacoma Narrows Bridge fail?

·      What are the key lessons it provides to compliance professionals?

·      Why are 3rd parties still the greatest risk to any compliance program? 

·      What steps can you take to manage third parties most effectively?

·      Why is continuous monitoring key to managing risk?

 Resources

 “Understanding the World’s Greatest Structures: Science and Innovation from Antiquity to Modernity”, taught by Professor Stephen Ressler from The Teaching Company.