Too often, companies focus their competitive intelligence efforts on competitors. It’s a reasonable assumption, after all, because both words come from the same root. But competitive intelligence goes beyond what your cross-town—or global—rivals...
In October 2015, the UK Modern Slavery Act came into effect, including the Transparency in Supply Chains (TISC) clause requiring businesses to disclose the steps they are taking to tackle modern slavery. Businesses with a year-end of 31 st March 2016...
Everywhere you look—in print, on websites and across social media—negative news abounds. Those stories make for interesting reading unless, of course, the focus of the article is your own organization or individuals associated with it. Recently...
Experience tells us that the news stories that earn the biggest headlines and top-of-the-hour broadcast coverage generally focus on the negative when it comes to anti-bribery and corruption compliance. The off-shore law firm that helps clients shield...
We’ve all seen what happens when due-diligence efforts fall short. In addition to tainting a company’s reputation, the bad actions of a third-party can lead to criminal investigations, hobbled business operations and hefty fines that impact...
Today more than 168 million children aged 5-17 in work—most in horrible conditions— around the world. This Sunday, the International Labour Organisation (ILO) will be raising awareness of child labor hidden in supply chains during World Day...
From 1983 until 1994, PBS aired The Joy of Painting , which featured the always good-natured Bob Ross demonstrating wet-on-wet oil painting. While it doesn’t sound like a show that would attract a large audience, the show—and Bob’s folksy...
Last year, 11 companies paid just over $1.92 billion to resolve US Foreign Corrupt Practices Act (FCPA) enforcement actions. We take a closer look at the biggest fines and draw out six lessons on how companies should respond to bribery and corruption...
The leak of 11.5 million documents from Panama-based law firm Mossack Fonseca has focused unprecedented attention on the use of tax havens and trails of secret companies to conceal the beneficiaries of undeclared and illegally obtained money. It emphasizes...
Even as political prognosticators debate the merits of vice presidents and polling, 15,000 credentialed members of the media are in Cleveland for this week’s Republican National Convention. After months of tracking the progress—or lack of...
2018 has been a record year of penalties issued for breaches of the Foreign Corrupt Practices Act (FCPA). Settlements totaling more than $2.96 billion were agreed by corporations found to be in breach of the Act. The year saw further indications of the...
Whether you’re a global corporation or a U.S. presidential candidate, complacency can bring momentum to a stand-still. A few years ago, during an interview for a Knowledge@Wharton podcast , Lisa Bodell, founder and CEO of futurethink and author...
The practice among out-of-network healthcare providers of billing patients when the patients’ insurance carriers don’t cover the full cost of the providers’ services - known as “balance billing” - isn’t the healthcare...
The U.S. Corporate Enforcement Policy, which incentivises companies to self-disclose bribery and corruption when they come across it, now applies to U.S. companies which are merging with or acquiring foreign companies. That’s according to a recent...
More than a few tweets, memes and pins have compared Black Friday to the Hunger Games, which is both funny and a little frightening, but let's dig in a bit deeper. Since we previously analyzed media coverage of Prime Day —Amazon’s mid...
States have enacted numerous laws to combat the epidemic of opioid-related deaths plaguing much of the United States. Most common are so-called “Good Samaritan” laws that generally give a person civil or criminal immunity for seeking help...
Reputation management, one of the major branches of modern public relations, is at its most important when a crisis strikes. If a brand you're representing comes into bad press, your efforts to burnish the company's image will face a major test...
When retail company H&M decided to post an ad on the British version of its website displaying a young black child wearing a sweatshirt with the slogan "Coolest Monkey in the Jungle," the fashion company wasn't aware of the backlash...
Two years ago, the United Nations set 17 sustainable development goals (SDGs) to “end poverty, protect the planet, and ensure prosperity for all” by 2030. This astounding effort, led by 193 countries, encourages organizations and citizens...
Three quarters of the world’s biggest exporting countries are failing to punish corporations that pay bribes overseas, according to a new report from the NGO Transparency International. The report shows that there are vast differences in the level...
The non-profit and fundraising worlds had a strong and successful year in 2016 but now the question is, will this trend continue into 2017? With so much change occurring in the new year Andrew Payne , director of product marketing and product management...
Forgive the pun, but it probably won’t come as a shock that the energy industry ranks near the top when it comes to bribery and corruption risk. Some of the largest enforcement actions ever under the U.S. Foreign Corrupt Practices Act have taken...
From AI to blockchain, companies are rapidly adopting new technologies which use data to drive business insights and manage risks more effectively . Our third volume of The Trust Issue explores how technology can also improve a company’s transparency...
Crisis management is the kind of PR skill where companies learn more from bad examples than good ones. Your department or agency should, therefore, be taking notes concerning United Airlines and the way it handled the forcible removal of a passenger from...
While the White House has been inching forward with its promise to reduce regulatory burdens on business, the rumor mill gone into overtime with speculation about what that could mean for enforcement of the Foreign Corrupt Practices Act (FCPA). In its...