Over the past few years, there has been an increase in the amount of money that companies are spending on compliance, but this is not having its desired effect; there are just as many, if not more, compliance issues occurring. In today’s episode, I explain why the old top-down certification-based approach to compliance is outdated, and I share what I think would be a better use of your time if you are interested in the field of compliance. 

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Today’s episode:

• [00:40] Why I decided to take on today’s topic, which can be quite polarizing.
• [02:20] Recent interest that has been shown for the compliance sector.  
• [03:06] The reasons that people pursue CAMS certification.     
• [05:44] Goals of the institutional, top-down method of compliance, and why this approach is so problematic. 
• [08:14] What traditional compliance teachers believe the point of compliance is.  
• [09:01] Learning I have had from speaking to leaders and founders about compliance. 
• [10:26] Increases in the cost of compliance over the past few years, and why this has not had its desired effect.
• [13:00] Factors that are not important in a business, and those that are. 
• [13:22] What you will learn from traditional compliance certification training, and what you won’t.
• [16:23] What I would advise you to do instead of the compliance certification training. 

Show links:

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