Have you ever heard of Polychronic Theory? The Polychronic Theory sheds light on how some cultures diverge in their manifestations. Communication within cultures in Latin America for instance, is notably intricate, characterized by both verbal expressiveness and warmth. This contrasts with colder-climate cultures like the Anglo-Saxon or Nordic, which adhere to a monochronic approach. These […]
Once upon a time, in a developing country, there was an enthusiastic and driven compliance professional named Alex. Alex had just landed a dream job as a compliance officer in a prominent company that had its headquarters in a distant land. The company was renowned for its commitment to ethics, compliance culture, and maintaining the […]
Let’s talk about real world businesses through The Office. The Office, a widely acclaimed comedy series in the United States, originated from its British counterpart and centers around the lives of employees at a paper supply company’s Scranton (Pennsylvania) branch, Dunder Mifflin. It explores the characters’ personal lives and relationships, however the primary focus remains […]
The saying “Tell me who you’re with, and I’ll tell you who you are” is perhaps one of the most widely recognized and frequently repeated phrases in the Spanish language. It appeared in the influential Spanish novel “Don Quixote” by Miguel de Cervantes. It serves as a cautionary statement, suggesting that people’s behaviors and thought […]
Basically all humans procrastinate to some extent. We’ve all faced difficulty while dealing with matters that require thoughtful decisions, either on a personal level on filing tax returns, paying bills, saving for retirement, quitting addictive behaviors, or at work on budget, hiring, firing, marketing, or customers and many others. People, including corporate leadership and businesses’ […]
Many experts agree that a boss is someone who simply manages employees and tasks, while a leader is someone who inspires, motivates, and guides their team towards a common goal. A boss may rely on their positional authority to get things done, while a leader earns respect and influence through their actions and character. A […]
Previously, we wrote about some of the reasons why the construction industry is vulnerable to corruption. We viewed the industry through the lens of compliance, pointing out its environment and how the lack of transparency, inflation of bills, and bribery lends itself to corruption. Put it this way: think about someone trying to eat clean […]
“Measure what is measurable, and make measurable what is not so”. This quote that is attributed to Galileo Galilei should be considered by those who believe compliance training sessions and compliance programs are not measurable. Training sessions metrics are some of the quantifiable measures compliance leaders must use to monitor the effectiveness of a compliance […]
There is a critical difference between understanding compliance in theory and knowing how to integrate it successfully into an existing business. Consultants who are hired to build a program and train employees on compliance matters must be aware of it and have a plan. Otherwise, they run the risk of being ineffective. Their role is […]
Businesses that have incorporated a commitment to transparency and ethical conduct into their systems have laid the essential groundwork for fostering a compliant environment. Employees need to live and breathe compliance. It must be expressed in their relationships with clients, service providers, suppliers, partners, and shareholders. Prae Venire assists others to incorporate compliance programs. With […]
