Ethics & Compliance notebook: Small wins can have big results

When talking about ethics programs at various companies, there are plenty of examples of firms that do right and those that do wrong. But building up a struggling program is a whole other challenge.

Speakers and attendees of Compliance Week’s Ethics & Compliance Summit in Boston this week shared experiences from a spectrum of companies, whether they’re heavily regulated or completely unregulated. But they also shared that internal compliance cultures within those companies were different too, and what steps they can take to make them better.

“Start small,” said Ron Carucci, managing partner at Navalent, which helps companies and executives with strategy and change management. Small wins can have big impacts, he added, even if it’s a percentage point more of team members reading an internal policy.