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What the Sports World Can Teach About Compliance

Joe Mont | September 5, 2012

Compliance officers love to clip stories from newspapers and send links to articles about compliance lapses at other companies to remind executives of the risks that lurk below the surface.

There's been no shortage of examples of compliance problems at companies large and small lately, but there's another source of cases of compelling compliance failures that could provide lots of lessons for management: those in the sports world.

The events of the Penn State abuse scandal, the New Orleans Saints' “bountygate,” allegations against Lance Armstrong of using performance-enhancing drugs, and many others are fraught with dos and don'ts on how to handle wrongdoing. Indeed, it could be that since compliance problems are handled poorly so often in the sports world that they make great case studies on how quickly a compliance blunder can turn into a disaster.

Consider how beleaguered baseball fans in Boston recently saw their team “blown up” with an unprecedented...

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