Unlocking Success: The Crucial Role of Culture in Compliance: Part 4 – Michael Parker on Monitoring Culture

Welcome to a special series on building a stronger culture of compliance through targeted and effective training sponsored by Diligent. I will visit with Yvette Hollingsworth-Clark, Viktor Culjak, Jessica Czeczuga, Michael Parker, and Alexander Cotoia in this series. Over this series, we will consider what culture is, how to assess culture, putting together a strategy to manage culture based upon this assessment, monitoring that strategy in the future, and using information from your monitoring to improve your culture continuously. In Part 4, we visit with Michael Parker to discuss a strategy to monitor your culture in the future.

Michael Parker is a seasoned compliance professional with extensive experience cultivating and sustaining a business compliance culture. He does not believe there is a one-stop,  universal approach to establishing a compliance culture, emphasizing the necessity of providing options and guidance to employees rather than merely imposing rules. Michael underscores the importance of continuous engagement and communication in managing compliance culture risks and the crucial role of leadership in setting the tone for compliance and fostering an ethical culture throughout the organization. He also acknowledges the significance of incentives in promoting compliance. Still, he stresses that incentivizing employees should be customized to individual circumstances and include a clear understanding of the consequences of non-compliance. Join Tom Fox and Michael Parker as they delve deeper into how to monitor your compliance program after you have created a culture management strategy in this episode of Unlocking Success: The Crucial Role of Culture in Compliance Best Practices podcast episode.

Key Highlights: 

• Building a Compliance-Focused Leadership Culture
• Leveraging Technology for Compliance Monitoring and Training
• Driving Compliance Culture Through Executive Leadership

Ready for Purpose-Driven Compliance? Diligent equips leaders with the tools to build, monitor, and maintain an open, transparent ethics and compliance culture. For more information and to book a demo, visit Diligent.com.

 Join us tomorrow in our concluding episode, where we continuously consider how to improve culture in the future.