One thing that must be continuously emphasized is that compliance is a business processโ€”and as a business process, the greater the operational excellence, the more efficient a company is and, at the end of the day, the more profitable. It is this execution of the business process, not the implementation of a paper, check-the-box exercise, that is critical to performance. 

Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in...