Donna Boehme – July/August 2013 – Compliance & Ethics Professional
I wish someone could settle once and for all who first uttered one of my all-time favorite quotes: “A vision without a plan is just a hallucination.” Depending on whom you ask, it’s usually Thomas Edison, Will Rogers, or Benjamin Franklin. Regardless, it’s timeless advice, tailor-made for the chiefcompliance officer (CCO).
Every CCO needs a plan, both long term and short term. It can be as simple as a timeline with who, what, where, and when, or more elaborate with additional bells and whistles. Which brings me to another great quote, this one from Woody Allen: “If you want to make God laugh, tell Him your plans.” That’s why any respectable plan is subject to periodic review and revision against current developments, priorities, and budget. . . .