145 - Rise of the Business-Like CCO Part 1: Biggest Mistakes of Compliance Professionals
Release Date: 06/26/2023
200 - Should We Give Partners In Business Second Chances?
Compliance That Makes Sense
I’m excited to explore the psychology of second chances, why we’re so skeptical when people change their minds, and if public opinion ever actually reflects personal beliefs. We’ll discuss Mark Zuckerberg’s apparent about-face on censorship, corporate flip-flops on diversity programs and the underlying forces behind those reversals. We’ll also cover the concept of preference falsification and why people often say one thing publicly and believe something entirely different privately. Then we’ll get into meme coins, the risks of hype-driven investing and why some tokens are just...
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199 - DeepSeek, Tucker's And Piers Duel In Riyadh, Candace Owens New Series
Compliance That Makes Sense
I’m excited to dive into the hype, the Chinese AI startup that claims to have a model as good as ChatGPT for a fraction of the cost. We’ll talk about what that means for the future of AI, national AI models and censorship, and why every country will soon have its own “filtered” version. Then we’ll switch gears to fascinating exchange, unpacking the art of debate and intellectual sparring. We’ll also look at to reshape sports by buying up global superstars and creating role models for future generations. And for those who love power and influence, I have a must-listen for you: ...
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198 - Software Industrial Complex. Why MBAs Can Be Replaced By AI. Darryl Cooper New Series.
Compliance That Makes Sense
I’m excited to share news about a new series from Darryl Cooper, host of the . His latest series is all about World War II, told from the perspective of ordinary Germans. It’s a fascinating look at how ideologies take hold and change societies. We’ll use that as a springboard to talk about how we receive and accept compliments, then dive into the software industrial complex and how it creates unnecessary dependencies. Finally we’ll look at how AI is going to simplify those systems and change industries. It’s a wild ride through history, human behavior and innovation. If you found...
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197 - Winners and Losers of Crisis Times, Zuck Embracing Free Speech and Zeus Management Style
Compliance That Makes Sense
If you’ve ever wondered how disruption leads to new beginnings, this episode is for you. I’m diving into the cycles of history, from tearing down the old to building the new and how understanding those patterns can give you hope. We’ll look at , the evolution of institutions and why change is a superpower for growth. Along the way I’ll share personal stories, risk and resilience insights and even a bit of Greek mythology to tie it all together. Get ready to see the bigger picture and learn how to navigate the “winter” we’re in and prepare for the “spring” ahead. If you found...
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196 - Welcome to 2025. Fourth Turning. Debates over immigration, Elon supporting AFD, MEGA (Make Europe Great Again) and more!
Compliance That Makes Sense
If understanding history feels like an abstract puzzle, it’s time to see the patterns. In this episode I’m going into the concept of cycles and seasons, how history, businesses and our personal lives follow predictable patterns. We’ll cover the lessons from The Fourth Turning, generational values, and why knowing these cycles reduces anxiety and uncertainty. You’ll also hear about the current “winter” of society, what it means for businesses and individuals and how to prepare for the “spring” that’s coming. I also discuss the practical power of pattern recognition to get a...
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195 - Live Webinar Recording: How to Assess Impact of Compliance Function
Compliance That Makes Sense
If compliance feels like a roadblock, it’s time to flip the script. I had a live webinar last week about how to turn compliance into a growth driver. We have covered how to measure success, align with business goals and prove compliance’s value as well as. smart resource management, big picture problems, and knowing when to take calculated risks. You will also get practical tips on prioritizing, tracking what matters and making the business case for compliance initiatives through ROI. If you found value in this episode, I would really appreciate it if you could leave a review! My mission...
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194 - How to Assess Your Results and Why Success Is Not Linear
Compliance That Makes Sense
This is the time of year for reflection, so in this episode, I share my theory on why achieving success for some people is so much easier than it is for others, why a high success-effort ratio isn’t always ideal, and some simple practices that you can incorporate into your life to start feeling more successful! If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on...
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193 - Fork in the Road: DOGE and Deregulation in Americas vs EU Jihad on Crypto and Digitalization
Compliance That Makes Sense
In this episode, I share my thoughts on regulation and deregulation in the crypto space and my predictions for how the different approaches adopted by Europe and America will impact people and businesses in these regions. If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just , select “Ratings and Reviews” and “Write a Review” and tell me...
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192 - How to Evaluate Your Compliance Results in 2024
Compliance That Makes Sense
As 2024 starts drawing to a close, I want to unpack some of the key criteria I use to evaluate how successful my year has been. Tune in to hear my advice for overcoming some of the most common errors made by compliance professionals and the questions you should be asking yourself right now to ensure that you don’t fall into these traps again in 2025! If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this...
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191 - What Sets Some Immigrants Apart: The Triple Package Theory
Compliance That Makes Sense
Today’s episode is inspired by a book written by Amy Chua and Jed Rubenfeld. It’s called The Triple Package and while it’s received its fair share of criticism, I hope that after listening to my analysis, you’ll be able to appreciate the book’s theory as much as I do! If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just , select “Ratings...
info_outlineThis episode is a unique experience as it is a replay of a free video training where we discussed the rise of the business-like CCO. This video training is broken up into three different sessions and today’s podcast episode is the replay of Day 1.
Before we jump into the metrics and strategies of the business-like CCO, we need to talk about the biggest mistakes compliance professionals make in their career. In order to learn something new and become better, it’s so important to begin with this introduction.
So listen on to learn what these common and major mistakes are, what you can do to shift your mindset to avoid these mistakes, and how we can begin to improve compliance performance.
Today's episode:
[02:02] Oftentimes, people want to take the advice but are unable to.
[04:45] One reason compliance professionals are not able to achieve their goals is because they have inadequate beliefs and a very specific perception.
[06:10] We need to start with misconceptions and mistakes to become more aware.
[08:58] Compliance professionals tend to have a lot of limiting beliefs.
[10:50] Big mistake #1: Sacrificing time for clarity.
[12:22] You may hesitate to make a decision until someone else does first.
[15:07] Big mistake #2: How do we ask for money as compliance professionals and what is our relationship with money?
[16:47] Your mentality makes a huge difference.
[19:23] Compliance should position itself and the organization to recognize it as the revenue driver.
[22:08] Big mistake #3: Value of information.
[24:28] The value of information is declining.
[26:45] If you recommend something, you should be a part of implementation.
[27:29] What you believe about compliance will determine what is possible for you within your organization.
[31:37] What is the minimum risk and the maximum risk you can take?
[33:08] Live participants of the session ask questions on the topic.
Show links:
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