Episode 43 — Global Compliance Program Design and Challenges
Global companies face serious challenges in the design and implementation of compliance programs to meet increasing risks in emerging markets. As global companies grow, so do compliance programs.
The specific design and structure of a global compliance programs presents numerous challenges requiring balancing of various factors, including consistency across the organization, economies of scale and scope, and flexibility to meet local needs and concerns. In carrying out this process, a compliance program has to maintain the support of its primary audience — the business.
In this episode, Michael Volkov discusses the issues that have to be addressed, and the balancing of competing interests in the delicate design of a global compliance program.