‘Elephant in the room’: Combating tension between compliance, HR
Regulators are collaborating—both domestically and internationally—more than ever before. And they expect companies to be doing the same.
That notion was one of the drivers behind a panel discussion on the importance of compliance and human resources (HR) working together at Compliance Week’s 2023 National Conference in Washington, D.C. The session addressed what moderator Carrie Penman, chief risk and compliance officer of NAVEX, described as “the elephant in the room” regarding longstanding tension between the two departments.
“We are all expected to be advisers to our executive teams, and the only way to be effective at doing that is to do be doing it together,” she said.
Penman fashioned the discussion around “The Five Dysfunctions of a Team,” as identified by author Patrick Lencioni. Panelist viewpoints on each dysfunction are summarized below.