In our latest podcast, Chief Compliance Officer for the US and Canada at Marsh & Mercer, Ann Chaglassian, spoke to US Content Manager, Julie DiMauro, about effective practices for fostering good conduct in the workplace and ensuring employees practice good judgment from an organizational perspective.
A shared responsibility in the modern workplace, Ann helps us think about managing conduct risk from all levels – with accountability and transparency being animating features of the process.
We talked about:
- how to remind the business and its top leaders of the economic value of effective compliance;
- the importance of training employees about how to spot misconduct, report it and even avoid it altogether;
- how to use incentives and disincentives to reinforce the messaging;
- how to foster a culture where employees feel accountable and empowered to make ethical decisions;
- some strategies for dealing with toxic behavior, low morale, ineffective communication, discrimination, and resistance to change in the workplace;
- ways to ensure people feel they are in a safe space for speaking up and then feeling heard; and
- how to avoid making over-commitments as an organization.
A transcript for this podcast is available here.