The Human Factor: Corporate Integrity Matters

Would you like to learn about the insights and perspectives of ethics and compliance program, including trainings and communications, risk assessments and leading and managing global investigations?

Let's do that together with Lisa Fine. She is an expert in compliance. As Sr. Counsel and Director, Compliance for Pearson, the world’s leading learning company and co-host of the “Great Woman in Compliance” podcast she is in constant contact with compliance professionals.

Lisa started her legal career at an international law firm, where she was a litigator and ran the Washington, D.C. pro bono program. She also worked in public interest law and advocating on behalf of persons with disabilities as part of a state protection and advocacy organization.

Lisa received her J.D. from Georgetown University Law Center and her undergraduate degree from Tufts University. She grew up in Buffalo, N.Y., and lives in Washington, D.C.

Just a few highlights of our conversation with Lisa

“Data concerns, information security, especially because there is so much of that. I think that's one of the biggest concerns that I'm seeing.”

“Nobody wants to train their children to do the wrong thing.”

“Are you doing something that's fraudulent or are you doing something you kind of take care of your family?”

“And this is why it's very important to always have witnesses in your interviews, to keep good notes.”

IMPORTANT LINKS AND MENTIONS

If you would like to learn more about about compliance and investigations the following episodes might be also of interest:

Episode 003: Is compliance in crises needed?

Episode 014: How to conduct fraud investigations in a remote environment

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate Integrity Matters. If you enjoyed this episode, please share, subscribe, and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on LinkedIn and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot–via [email protected].

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if you are interested in becoming part of the amazing movement, join us www.corporateintegrityacademy.com.

Would you like look behind the scenes of sales and aftersales?

Let's do that together with Simon Hartmann.

He is an expert in sales and aftersales. With years of experience in the automotive industry in more than 40 foreign markets.

Just a few highlights of our conversation with Simon

«If you starting you approach with the risk assessment, I think you have done really your homework.»

«It is very important to be a role model each and every time, also for the employees or for partners.»

«Sustainability standards are also supported by investors.»

IMPORTANT LINKS AND MENTIONS

If you would like to learn more about about risk and risk assessment, the following episodes might be also of interest:

Episode 004: How to improve the Risk Identifcation Process

Episode 012: Three perspectives to identify risks

Episode 017: The 9 core sectors to identify risks in the business model

Episode 023: Five source to challenge your risk landscape

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate Integrity Matters. If you enjoyed this episode, please share, subscribe, and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on LinkedIn and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot–via [email protected]

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if you are interested in becoming part of the amazing movement, join us www.corporateintegrityacademy.com

Would you like to learn about cybersecurity and principles for board governance of cyber risk?

Let's do that together with Daniel Dobrygowski. He is one of the founders of the Centre for Cybersecurity and the Head of Governance and Trust at the World Economic Forum.

Most of his career he spent as an attorney in private practice. Mainly in litigation on antitrust, intellectual property, and privacy issues for and against high tech companies in San Francisco and Washington DC.

In 2015 Daniel was recognized by the National Association of Corporate Directors in its Directorship 100 as one of the most influential leaders in the corporate governance community for work on governance of technology risk.

Just a few highlights of our conversation with Daniel.

"Probably the number one human caused risk is digital risk, is cybersecurity risk."

"Boards have to understand how cyber, how digital connectivity affects their whole business."

"We could have cybersecurity incidents that lead to a digital supply chain crisis."

IMPORTANT LINKS AND MENTIONS

If you are interested in learning more about cybersecurity please follow the links below:

1. Latest report for boards: Principles for Board Governance of Cyber Risk
2. 2017 report (which includes questions for board/CISO interaction): Advancing Cyber Resilience: Principles and Tools for Boards
3. The EFF guide for families: “How to Talk to Your Family About Digital Security”
4. 
   

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate Integrity Matters. If you enjoyed this episode, please share, subscribe, and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on LinkedIn and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot– via [email protected]

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if you are interested in becoming part of the amazing movement, join us www.corporateintegrityacademy.com

In this episode we talk about one very specific topic – or better initiative. The Fraud Week 2021 initiated by the Association of Certified Fraud Examiners (ACFE) is starting on November 14.

Fraud still costs at least 5% of the profit margin – every single year. Being aware when it comes to fraud patterns is important – not only once a year or during a specific week.

Learn in this episode about the goals of the fraud week and what can you do in your environment to rise awareness to improve corporate integrity.

IMPORTANT LINKS AND MENTIONS

If you are interested in learning more about the drivers of fraud and where these come from. In episode 5 I talk about them and what kind of tools could be helpful to prevent and identify fraulent actions or non-compliant behaviour.

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate IntegrityMatters.

If you enjoyed this episode, please share, subscribe and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on Linkedin and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot – via [email protected]

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if you are interested in becoming part of theamazing movement, join us on www.corporateintegrityacademy.com

Would you like to learn about internal audit and integrity - not only when internal audit is conducting their audit plan – also the integrity we expect from internal auditors?

Let's do that together with Gabrielle Rudolf von Rohr. She is the Head of the Cantonal Audit Office in Solothurn, Switzerland - for more than ten years and since 2015, she’s the President of Global Institute of Internal Auditors in Switzerland. Prior to that she held several positions in the professional environment and has a profound history in the M&A sector.

She is a certified public accountant and CGA. With more than 25 years of relevant experience she knows very well when it comes to internal audit and integrity.

Just a few highlights of our conversation with Gabrielle:

“As an internal auditor and as a function there, of course you must show a hundred percent of integrity, you must show a hundred percent of independence.”

“If you do a professional work, you can prove what you do, you can defend why you say no. I guess you don't have to be afraid to say no.”

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate Integrity Matters. If you enjoyed this episode, please share, subscribe, and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on LinkedIn and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot– via [email protected]

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if youare interested in becoming part of the amazing movement, join us

www.corporateintegrityacademy.com

If you have ever asked yourself about the risk of being biased, you might be interested in this episode today.

While everybody is talking about social engineering from external parties, I focus on how also board are engineered.

Engineered by our colleagues: Consciously and unconsciously

and

their behaviour or simply biased by our own beliefs...

WHY

Being biased could be dangerous and that is the main reason why we as responsible leaders should be aware of it.

The daily business needs all our attention, no matter whether we have a strategic or operational role or sometimes even both. That is a fact we are all used to and capable to manage.

Hardly any leaders have his or her own stereotypes on the radar if there is not specific event which asks for it.

KEY MESSAGES

We all must reflect on our own biases and speak up when we see that others are risking their independent decision-making process.

With raising the awareness of our biases in the boardroom we already reach another level of leadership integrity. The individual one but also as part of a team.

Your team, stakeholder and shareholders will value your contribution of detecting biases.

IMPORTANT LINKS AND MENTIONS

If you are interested in learning more about the type of characteristics not needed at C-Level, in episode 21 I explain why it is so important to understand and identify the red flags of distracting traits.

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate Integrity Matters.

If you enjoyed this episode, please share, subscribe and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on Linkedin and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot – via [email protected]

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if you are interested in becoming part of the amazing movement, join us on www.corporateintegrityacademy.com

Would you like to learn about the insights and perspectives of an international global expert in internal audit?

Let's do that together with Salih Ahmed Islam. With more than 25 years of professional experience in internal audit he masters as a leader and role model the textile, iron and steel, petroleum, construction, FMCG and retail industries.

WHY

He is one of the experts when it comes to managing the expectations of various stakeholders with diverse cultural backgrounds too.

Integrity is not only important to him when it comes to business. As a caring father and husband, he wants the best for his loved ones.

WHO

Salih Ahmed Islam is an internal auditor, experienced fraud examiner, and a risk management professional.

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate Integrity Matters. If you enjoyed this episode, please share, subscribe and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on Linkedin and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot– via [email protected]

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if you are interested in becoming part of the amazing movement, join us www.corporateintegrityacademy.com

How do you behave when they enter the Internet?

Do you change your identity and above all your behavior within seconds?

Most of us would deny this.

We behave like we do in real offline life. Why? Because we have acquired all these rules, norms, and beliefs over decades.

For good and bad….

In today’s episode, we talk about the different territories – offline and online – and having our behavior in the cyber territory on spot.

WHY

Shaping by behaving. Or we could also say leading by example – which is more common in the business world. But I want to start with the behavior of all of us when it comes to new territories.

The cyber territory is not new anymore and the code of conduct – which is implemented in a lot of organizations – applies too.

KEY MESSAGES

Awareness is essential for all different levels within an organization when it comes to protecting assets.

To achieve that preventive level of awareness we share additional insights during our leadership circles within the Corporate Integrity Program.

But nevertheless – I thought it would also be valuable to share that input with our loyal podcast listeners.

It all depends on the intention of collecting the information, analyzing the patterns, and decide on measurements.

Big data is an underestimated asset. On both sides, if we look at it from a risk perspective.

The upside and downside are obvious.

Being active at the cyber territory means that we all create these assets day by day for different owners.

IMPORTANT LINKS AND MENTIONS

If you would like to learn more – just visit the show notes where you can find the link to episodes No. 10 referring to the code of conduct.

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate Integrity Matters.

If you enjoyed this episode, please share, subscribe and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on Linkedin and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot – via [email protected]

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if you are interested in becoming part of the amazing movement, join us on www.corporateintegrityacademy.com

When it comes to the hiring process of key personnel the responsibility increases with the level that person will have within the organization.

The more power a role has the higher the risk for the organization.

In this episode, I will focus on asking the right questions when potential successors of a powerful role are interviewed.

WHY

The more power a person has within an organization, the higher the risk for the stakeholders and shareholders.

Sounds pretty simple and that is also what it is. But what I often see – especially during the recruiting process of highly exposed roles – is that an important piece of the puzzle is missing.

Exposed roles have a high inherent risk for the company’s vision, strategy, and therefore the future success.

One of the most underestimated risks when it comes to the challenging task of hiring an exposed person is the reputation risk.

No matter in what industry I have the discussion but when it comes to reputation, the motivation of having a deeper conversation stops.

The reason is obvious. It is not easy to manage the reputation risk. And as there are different strategies to manage risks, I highly suggest becoming clear of these. Consciously and not only by accident.

KEY MESSAGES

That we have a lot of potential when it comes to the recruiting process of the organisation’s representatives.

Starting with that one question of challenging the truth of the information received will lead to further procedures during the process as such.

Background checks will not be optional but mandatory. The information provided to the nomination committee will be supported by facts and not only hearsay.

I am very positive that the new generation of leaders – no matter whether at the executive or non-executive level – are more sensitized when it comes to the inherent reputational risk of the organization’s representatives.

So, having said that – let’s go back to our organization and make sure that our procedures are ready for the future.

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate Integrity Matters.

If you enjoyed this episode, please share, subscribe and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on Linkedin and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot – via [email protected]

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if you are interested in becoming part of the amazing movement, join us on www.corporateintegrityacademy.com

Have you ever asked yourself what the impact of the internal audit is when it comes to cyber security?

Depending on your current role you might have different answers, and, in this episode, we will talk about the role internal audit has on cyber security.

WHY

The cyber territory was and often still is a topic allocated to IT only. In my world of Corporate Integrity, Governance, Risk, and often also Non-Compliance and Fraud – it is not enough to see IT in its function being responsible for the territory of cyber.

Why should it? Or to whom would we then allocate the non-digital territory? Cyberspace or cyber security – no matter how you would like to call the environment impacting our all businesses is much broader and affects every single part of our vision, strategy, operations, and resources.

When it comes to internal audit – one of the three lines of defense – the territory of cyber plays an important role too. Organizations have different reasons why they rely and mitigate solutions that are cloud-based.

That means, that processes are at least partially reflected in the territory of cyber too.

And here internal audit comes in and is uniquely positioned.

Already when solutions are evaluated and processes adapted – the role of internal audit is key to establish an independent and objective view.

KEY MESSAGES

Investing in a highly skilled Internal Audit is key for every organization.

The evaluation process of Internal Audit is also not optional as cyber security is.

As board members, we must implement processes to ensure that our organization is challenged by the independent questions of professional internal auditors.

Cyber security is a strategic element that needs to be treated with the highest attention.

I will now bring up the take-to-the office reflection again as I think these three questions could – if necessary – support also your organization:

1. If you would have to judge how much your company depends on the cyber territory where would you rank from 0 – 100%?
2. And if you have that ranking, how good would you rate the skillset of your internal audit to audit these dependencies. Use a rating from 1-4 where 4 is perfect and 1 is poor.
3. What could you do within your position to balance the dependency and the skillset – if balance is needs?

So, for all the board members – next time when you talk to your Internal Audit team keep in mind how important they are and express your expectations.

And for you as an Internal Audit leader – make sure that your expertise and work supports the organizations' strategy.

THANK YOU FOR SHARING, SUBSCRIBING AND REVIEWING

Thank you for joining me on this episode of THE HUMAN FACTOR – Corporate Integrity Matters.

If you enjoyed this episode, please share, subscribe and review on Apple Podcasts or Google Play Music so more people can enjoy the upcoming episodes.

Don’t forget to follow and connect with me on Linkedin and Instagram. I am looking forward meeting you there.

YOU ARE IMPORTANT

Let me know what topic you would like to have on spot – via [email protected]

Further information about Corporate Integrity can be found on www.corporateintegrityconcepts.com

And if you are interested in becoming part of the amazing movement, join us on www.corporateintegrityacademy.com