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Nick & Gio Gallo on Compliance 3.0

Nick & Gio Gallo on Compliance 3.0

FromThe Human Risk Podcast


Nick & Gio Gallo on Compliance 3.0

FromThe Human Risk Podcast

ratings:
Length:
58 minutes
Released:
Jan 20, 2021
Format:
Podcast episode

Description

How can Compliance feel less burdensome & more aligned with the businesses it is there to protect? In this episode, I return to exploring how Compliance, a 'brand' I hate but forms a cornerstone of managing Human Risk, can be made more effective. To do that, I'm joined by Nick & Gio Gallo, thought-leaders in the Compliance space.Nick & Gio co-founded and are co-CEOs of a company called ComplianceLine (https://complianceline.com/) and hosts of the Ethics Experts podcast (https://theethicsexperts.simplecast.com/). Having both experienced Compliance on the front line of business, they think there's a better way for organisations to manage risk. I agree; which is why they're on the podcast. In our discussion, we explore why companies sometimes get Compliance badly wrong, and what they can do to get it right. Nick & Gio talk about the shift from Compliance 1.0 (a legal approach of 'keeping people out of jail'), via Compliance 2.0 ('efficiency') to Compliance 3.0 (designing it with humans in mind to maximise the potential for human capital). And they've got some fascinating thoughts about how to make things better.Whether you're in Compliance or are subject to its rules, Nick & Gio's insights are well worth hearing.
Released:
Jan 20, 2021
Format:
Podcast episode

Titles in the series (100)

People are often described as the largest asset in most organisations. They are also the biggest single cause of risk. This podcast explores the topic of 'human risk', or "the risk of people doing things they shouldn't or not doing things they should", and examines how behavioural science can help us mitigate it. It also looks at 'human reward', or "how to get the most out of people". When we manage human risk, we often stifle human reward. Equally, when we unleash human reward, we often inadvertently increase human risk.