Compliance into the Weeds: Episode 126-Compliance and Complexity

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly (the coolest guy in compliance) and I go into the weeds to explore how the complexity of modern-day corporations can lead to catastrophic failures such as the two crashes of the Boeing 737 Max.  Some of the highlights include: Ø Our podcast today was based upon two blog posts we both wrote this week based upon the NYT article The Late Change, and Fatal Flaws in Boeing’s Plane. Ø Why and how can complexity lead to catastrophic failre?Ø The modern corporation is very siloed. How does this contribute to risk?Ø Why every compliance professional should read the NYT article.Ø How should you think about systemic risk in your organization’s ecosystem?Ø How does the COSO 2013 Internal Controls Framework consider the issue of communication across an organization? In addition to the great NYT piece check out the following resources: Matt’s blog post-Another Lesson from Boeing-SilosTom’s blog post-Boeing and More Compliance Lessons Learn more about your ad choices. Visit megaphone.fm/adchoices