Thomas R. Fox: Compliance Evangelist

In Game Changers 18 by Mary KurekLeave a Comment

Tom is literally the guy who wrote the book on compliance with his seminal one-volume book “The Compliance Handbook” published in May 2018 which was the No. 1 new bestseller on Amazon.com through its initial run. Additionally, Tom has authored 16 books on business leadership, compliance and ethics, and corporate governance, including the international best-sellers “Lessons Learned on Compliance and Ethics” and “Best Practices Under the FCPA and Bribery Act” as well as his series Fox on Compliance. Tom leads the social media discussion on compliance with his award-winning blog, The
FCPA Compliance and Ethics Blog and is the Voice of Compliance, having founded the Compliance Podcast Network. He


Q & A with Tom:

Q:  Can you explain the different ways GRC (Governance, Risk, & Compliance) interacts with the finance industry?

A:  GRC interacts with the finance industry through its focus on process solutions. The risk management process, assessment, management, and remediation is a key business process. Governance provides oversight of and strategic use of risk as a business advantage. Compliance puts the controls in place to manage risk.

Q:  What is ESG and who and how does it impact individuals?

A:  ESG, Environmental, Social, and Governance is an acronym for a wide variety of initiatives to help companies engage with a broad set of stakeholders. This engagement will not simply protect the company but will act as a business enhancer to drive more and greater profitability.

Q:  What is the Ethical Edge?

A:  The Ethical Edge puts forth that companies with more robust and effective compliance have a more efficient business process and greater profitability.

Q:  How can compliance drive greater profitability?

A:  The backbone of compliance is internal controls. Properly designed, internal controls give companies the ability to manage strategic risk more quickly and efficiently, allowing businesses to respond to greater business opportunities.


Tom’s Networking Interests:

  • Boards of Directors who are looking for compliance subject-matter experts. Tom would like to meet anyone who could help him become selected for a public company Board of Directors seat as the compliance SME
  • Chief Marketing Officers of companies looking to use podcasting as a marketing tool
  • Government Ministers, representatives, or others who need a speaker or consultant, or SME’s interested in fighting corruption through compliance

Contact:

Linkedin: https://www.linkedin.com/in/thomasfox13/

Web site: fcpacomplinacereport.com

Podcasts:  Compliancepodcastnetwork.net

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