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Social Media Power-How it Impacts Your Compliance Program

In a September 26, 2011 article in Forbes magazine, entitled " Social Power and the Coming Corporate Revolution ", author David Kirkpatrick argues that the social media revolution has so empowered employees and customers that these groups will soon be calling the shots in companies and...

Social Media Week Part I – Using Social Media In Your Compliance Program

Welcome to Part I of Social Media Week. I recently did a webinar, hosted by The Network, on the use of social media in your Foreign Corrupt Practices Act (FCPA) compliance program. The response was as great as almost any other webinar in which I have participated. Based upon the overwhelming feedback...

Social Media Week Part II – Sharing in the Compliance Function

I continue my exploration of the use of social media as a tool of doing c ompliance by looking at some concepts around the sharing of information. In a recent podcast on Social Media Examiner, entitled “ Sharing: The Art and Science of Social Sharing” , podcast host Michael Stelzner interviewed...

Social Media Week Part III – Twitter and Innovation in Your Compliance Program

I continue my exploration of the use of social media in your Foreign Corrupt Practices Act (FCPA) compliance program today. One of the ways that Chief Compliance Officers (CCOs) and compliance practitioners can communicate about their compliance programs is through the use of the social media tool Twitter...

Social Media Week Part IV – Telling a Story About Honey

I continue my exploration of the use of social media in doing compliance by taking a look at a very innovative social media solution to a difficult compliance issue around, of all things, honey. This example shows how creative thinking by a lawyer, in the field of import compliance, led to the development...

Social Media Week Part VI – Social Media and CCO 3.0

I conclude this exploration of the uses of social media in doing compliance by exploring why the compliance function is uniquely suited to using social media tools. Long gone are the days when Chief Compliance Officers (CCO) or compliance practitioners were lawyers housed in the Legal Department or the...