By Adam Turteltaub
Business transformations can be times both of risk and opportunity for compliance programs. Employees, struggling to understand the changes around them and feeling stressed, may opt to do the wrong or at least ill-advised things. By the same token, transformations provide an opportunity for compliance teams to change their roles within the organization and redefine the value that they bring.
Jill Swain, Global Ethics Manager and Dawn Wood, Engagement, Training and Programme Manager at Rolls-Royce went through a major business transformation and will be sharing their insights from that experience in a session at the 2025 SCCE European Compliance & Ethics Institute.
In this podcast they share an abbreviated version of the journey and lessons taken from it.
Rolls-Royce, as it transformed itself, wanted employees to understand that ethics and compliance are a part of “winning right” and helping the companies achieve its goals. The compliance teams met the challenge by embarking on several initiatives, both broad and narrow. They:
Conducted a Win Right Week
Identified the need for ensuring that conflicts of interest were reviewed when reporting lines changed
Helped employees understand common dilemmas and how to resolve them
Became an integral part of the employee hub to make it easier to access information and ask questions
Rolled out a new third party risk management platform
In sum, it was a transformation both of the organization and the compliance program within it.
Listen in to learn more about what they did and learned through a period of corporate transformation. Then, join them at the 2025 SCCE European Compliance & Ethics Institute.
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