Alison Taylor and James Cohen wrote a brilliant post for the FCPA Blog about hyper-transparency and other trends changing the way companies do business and how compliance officers do their jobs.
I talked to them recently about their ideas and some hard issues now that formerly black-box corporations have been cracked open to public view.
Can the profit-motive survive the drastic changes that we’re witnessing?
Can compliance officers function in a world where everything seems destined to flow into the public domain?
The good news from Alison and James: Compliance officers in the hyper-transparent world have a wonderful opportunity to drive not just obedience to rules, but also higher values.
They see corporations shifting from a focus on shareholder value to shared values.
In this 22-minute video, they talk more about their ideas.
Richard Bistrong is a contributing editor of the FCPA Blog and CEO of Front-Line Anti-Bribery LLC. He was named one of Ethisphere’s 100 Most Influential in Business Ethics for 2015. He consults, writes and speaks about compliance issues. He can be contacted by email here and on twitter @richardbistrong. He’ll be a speaker at the FCPA Blog NYC Conference 2016.