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Modernizing compliance: a viewpoint from the front lines

Jaclyn Jaeger | May 29, 2018

Maybe your compliance program has been in place for so long that it has become stale and ineffective, or maybe you’re just now starting to build a compliance program from the ground up and don’t know where to begin. In either case, you could probably use some guidance from other like-minded ethics and compliance peers.

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Speaking on a panel last week at the Compliance Week 2018 conference in Washington, D.C., chief ethics and compliance officers discussed how compliance can work with other business functions to become a valuable strategic business partner. One key theme discussed by the panel members is how taking a cross-functional approach—solving problems together with the business—is the most effective and cost-efficient way to mitigate enterprise-wide risks today.

“That goes to the question of: ‘How does compliance play a role in that space?’ ” said Cindy Moehring, chief U.S. ethics and compliance officer at Walmart. At her company...

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