- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
CEOs and boards of directors have been hailed for their responsiveness to a spate of recent scandals, but one prominent compliance executive argues there’s another critical voice behind these decisions: the chief ethics and compliance officer.
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Companies spend huge sums on audit, risk management, and compliance to alert them about potential legal issues before they escalate into serious corporate governance failings. There’s only one problem, however–they often misread their own early warning signs or ignore them altogether.
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When starting artificial intelligence efforts for companies large or small, one approach compliance practitioners said they’ve found works best is to start with a specific use case.
