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Anti-Corruption Programs Enable Business Agility

Carole Switzer | December 20, 2011

One of the most frequently asked questions I hear about manag­ing corruption risk demonstrates the compliance profession's passion for benchmarking: “What do companies with the best anti-corruption programs do dif­ferently?”

The answer I give does not offer details about process or technology, at least not directly; instead, it boils down to philoso­phy and vision. Compliance, risk, inter­nal audit, and other executives leading the most effective (and, not coincidentally, the most efficient) anti-corruption programs think of their efforts as an integral part of their organization's offensive capability—efforts that enable business agility and business resiliency to flourish.

This vision does not downplay the importance of process and other build­ing blocks of anti-corruption capabilities. Indeed, leading practitioners also share a penchant for crafting comprehensive, dynamic programs—the sort of capabili­ties that this six-part “Anti-Corruption Illustrated Series”...

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