1 / 16

Compliance Alliance Networking Briefing May 3, 2012

Compliance Alliance Networking Briefing May 3, 2012. Raising Company-Wide Support For Your Compliance Operations. Raising Company-Wide Support Durand - Profile. Degree: -M.B.A. University of Massachusetts Trade Compliance Certifications:

hall
Download Presentation

Compliance Alliance Networking Briefing May 3, 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Compliance AllianceNetworking BriefingMay 3, 2012 Raising Company-Wide Support For Your Compliance Operations

  2. Raising Company-Wide SupportDurand - Profile • Degree: • -M.B.A. University of Massachusetts • Trade Compliance Certifications: • -Department of Commerce-Developing Export Management and Compliance Programs • -Bureau of Industry/Security-Export Controls • -MA Export Center-Export/Regulatory Compliance • Experience - 15 years: • -Current: Watts Water Technologies, Inc. Louise Durand - Confidential/Proprietary

  3. Raising Company-Wide SupportDurand - Profile • Experience - continued: • -Global Trade Compliance Manager-W.R. Grace Sales $3.1 B – 6,500 Employees • -Trade Compliance Specialist-Getronics • Sales $4 B – 20,000 Employees • -Trade Compliance Specialist-Wang • Sales $3 B – 25,000 Employees • Memberships: • - International Compliance Professionals (ICPA) • -Compliance Alliance/MA Export Center • -Toastmasters International Louise Durand - Confidential/Proprietary

  4. Raising Company-Wide Support • Watts Water Technologies-Company Overview • Founded in 1874 • Design and manufacture water products that promote conservation and control water • Commercial, residential, industrial, municipal • Operations: North America, Europe, Asia, Africa • Sales: $1.2 B – 5,900 Employees Louise Durand - Confidential/Proprietary

  5. Raising Company-Wide SupportWatts Water Technologies-Company Overview Louise Durand - Confidential/Proprietary

  6. Raising Company-Wide Support Export/Import Compliance a/k/a “the necessary evil” Compliance Professional Corporate Decision Makers Louise Durand - Confidential/Proprietary

  7. Raising Company-Wide Support Compliance Professional Corporate Decision Makers • Regulations • Fines, Fees, Penalties • Clearance • Compliance Projects Louise Durand - Confidential/Proprietary

  8. Raising Company-Wide Support • Obstacles: • Ineffective Communication • Complex Messages • Different Status • Language Barriers Louise Durand - Confidential/Proprietary

  9. Raising Company-Wide Support • Resolve the Issues: • Think like a Corporate Decision Maker • Talk like a Corporate Decision Maker • Be a Corporate Decision Maker Louise Durand - Confidential/Proprietary

  10. Raising Company-Wide Support Compliance Professional VS. Corporate Decision Maker Competitive Advantage Sarbanes Oxley Risk-based Approach Corporate Objectives • Compliance • Regulations • Fines, Fees, Penalties • Compliance Projects Louise Durand - Confidential/Proprietary

  11. Raising Company-Wide Support • Corporate Decision Makers ( previously known as Compliance Professionals ;-) • Change our language • Understand how the company operates • Align compliance objectives w/company objectives • Risk exposure • Cost avoidance • Value added Louise Durand - Confidential/Proprietary

  12. Raising Company-Wide Support Example #1 • Problem/Issue: • “Shipment stuck in Customs” • Opportunity: • Cost reduction through • Establishing policies/procedures • Implementing C-TPAT • Process improvements Louise Durand - Confidential/Proprietary

  13. Raising Company-Wide Support Example #2 • Problem/Issue • Late shipments/unhappy customers • Opportunity: • Customer retention • Efficient Customs clearance • Reduce Customs examinations Louise Durand - Confidential/Proprietary

  14. Raising Company-Wide Support Summary • Break down the communication barrier • Increase the company’s return on investment • Drive executive decisions Louise Durand - Confidential/Proprietary

  15. Raising Company-Wide Support After Before Earn Top Management Support and Commitment For Your Compliance Operations Corporate Decision Makers "see no evil, hear no evil, speak no evil" Louise Durand - Confidential/Proprietary

  16. Compliance AllianceNetworking Briefing Raising Company-Wide Support For Your Compliance Operations

More Related