Friday, June 15, 2012

Bill Gates, the Prefect Game and Continuous Evaluation of Your Compliance Program



http://ow.ly/bBcZc

An article by Thomas Fox posted on the JD Supra website.

This article provides a PDF document which can be downloaded, the document discusses an article entitled "Be Great Now", authored by Jim Collins.  The Jim Collins article provided 12 tips that should be used to achieve greatness, Thomas Fox in his post states these same 12 tips should be used to analyze corporate compliance programs on a regular basis.

The 12 tips referenced are as follows, and the article provides further discussion around each of these 12 points:


1. Do we want to build a great company and are we willing to do what it takes?
2. Do we have the right people on the bus and in the key seats?
3. What are the brutal facts?  
4. What is our hedgehog: What can we be the best at, with an economic engine, and for
which we have unbounded passion?
5. What is our 20-Mile March, and are we hitting it?
6. Where should we place our big bets, based upon empirical validation?

7. What are our core values and core purpose on which  we want to build this
enterprise for 100 years?  
8. What is our 15 to 25 year BHAG?
9. What could kill us, and how do we protect our flanks?
10. What should we stop doing, to increase discipline and focus?
11. How can we increase our return on luck?  
12. Are we becoming a Level 5 leadership team and cultivating a Level 5 management
culture?

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