Training day at Tyco: What they missed
The Wired GC has a hint for colleagues who may have to evangelize a better "tone at the top" than Tyco executives achieved before last week's bruising decision. As we know, the company's high-living CEO and CFO were found guilty on 22 criminal counts by a New York jury, who apparently took issue with their inability to explain why certain "compensation" (a) was news to the board (b) wasn't reported.
The Wired GC suggests,
During compliance training, I like to use a common response when someone asks if conduct X is potentially a problem. "Think about your parents, spouse or child reading about it in the newspaper" is the reply.
"I think I know two people who might have had some faint recollection of that concept last Saturday morning ..."
Posted by Laurel Newby on June 20, 2005 at 09:29 AM | Permalink
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