The portfolio of chief compliance and ethics officers is ever-expanding, growing from traditional duties like managing policies to overseeing modern issues like ESG. Gartner’s Chris Audet gives incoming compliance leaders a crash course in starting off on the right foot.
Over the past two decades, the mandate for many chief compliance and ethics officers (CCEOs) has expanded from traditional responsibilities — such as overseeing compliance training curriculum, creating policies and procedures and conducting risk assessments — into newer terrains. Third-party risk management, DEI and ESG expand the CCEO’s stakeholders from regulators to include the C-suite, the board of directors, activist consumers and employees.
New CCEOs looking to make a quick impact on corporate strategy must navigate these expansive demands amid a multipolar risk environment.
Proper preparation and assessment, planning, action, measurement and above all, communicating will be critical during the first 100 days on the job for building a solid foundation for long-term program (and career) success.
Quickly assess the current state of affairs
With a solid understanding of the organization’s business, culture and existing compliance program in hand, the…
