Post By: Adam Turteltaub

Jim Nortz, founder and president of Axiom Compliance & Ethics Solutions, has had a long career in compliance and ethics. What’s surprising in this podcast, is that rather than crowing about the profession’s success, he’s more than a bit skeptical of the impact of compliance programs. He observes that there is very little data that it has stemmed corruption and that survey data shows only one in five people say that they work in a firm with a strong ethical culture.

The solution, he argues, is to begin with an honest assessment of the role of compliance. He also argues that organizations need to realize that they cannot achieve a compliant, ethical culture through controls. Instead, leadership must be deeply involved, and to gain their support compliance teams must do the long hard work of amassing the data that demonstrates the value of compliance.

Listen in to hear more of his provocative take on what compliance has and hasn’t achieved, and how compliance programs could do more.