Corporate Compliance Insights - Jim Nortz on Measuring Compliance Performance

Jim Nortz has published a new featured article on Corporate Compliance Insights entitled Measure or Die: Using Metrics to Measure Compliance Performance." Jim Nortz is the Compliance Director at Bausch and Lomb.

Corporate Compliance Insights, an online forum for knowledge exchange between successful compliance executives, has released a new featured article. The article is entitled “
Measure or Die: Using Metrics to Measure Compliance Performance” and was contributed to Corporate Compliance Insights by one its featured authors
Jim Nortz, a Compliance Director at Bausch and Lomb. The article can be viewed at the following link: http://www.corporatecomplianceinsights.com/2008/using-me ... In the article, Jim Nortz discusses several ideas on how to devise and measure specific metrics to analyze the performance of compliance and ethics programs. As stated in “Measure or Die: Using Metrics to Measure Compliance Performance”, Mr. Nortz hopes that the compliance profession can “not only survive but thrive in the long-run, and live up to its potential of helping corporations navigate in increasingly complex and hazardous regulatory environments.” A few of the article’s key points are: • Recognizing the three kinds of key performance indicators (“KPIs”) for compliance programs. • Selecting the right metrics to analyze. • Using chosen metrics to analyze the success of compliance and ethics programs that will not just measure behavior, but drive it. __________ As Compliance Director at Bausch & Lomb, Jim Nortz has global responsibility for developing, evaluating and supporting the company's compliance and ethics programs. Mr. Nortz has a Mechanical Engineering degree from the Rochester Institute of Technology and a law degree from the Dickinson School of Law in Carlisle, Pennsylvania. http://www.corporatecomplianceinsights.com/jim-nortz __________ Corporate Compliance Insights is a professionally designed and managed forum dedicated to online discussion and analysis of compliance topics. CCI personally extends author invitations to experience, high profile professionals in the Compliance Community. A new feature article written by a successful compliance executive or professional is posted each week. Additionally, CCI provides periodic updates of current news in compliance, as well as people on the move in compliance. To learn more about becoming a featured author for Corporate Compliance Insights, visit the Write for CCI page at CorporateComplianceInsights.com. __________ CCI is sponsored by Conselium, a personalized executive search firm that specializes in the area of compliance, and has a successful track record placing Chief Compliance Officers at Fortune 500 companies. Founded in 2001, with offices in Dallas and Houston, Conselium works with candidates and companies across the country and has become the most respected name for compliance search services in the U.S. Call 972-934-8444 or visit http://www.conselium.com for more information.

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Conselium is a personalized executive search firm based in Dallas that specializes in the area of ethics and compliance executive search services.

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Marc(05.15.2012 02:1:22): Short but sweet posting Michael. It brigns up the point and downstrem affects of having well communicated values and principles across an organization. We know that every scenario can not be identified in policies and procedures. There must be underlying thoughts, feelings, and motivation for people to want to do the right thing and make judgement calls that are reflective of the underlying values and principles.In the heat of the moment, do we lean towards the money, the accolades, the desire to have people like us, self-interest or towards doing what is right in the face of scrutiny and persecution? Good GRC is about everyone working together to balance risks and rewards with the underlying desire to do the right thing for everyone involved customers, employees, investors, environment.