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As compliance teams seek to extend their reach into the organization, one idea that has emerged in the development of compliance champions. But what is a compliance champion and how does it work?
In this podcast Duncan Milne, Risk & Compliance Director for Bupa Global Latin America, shares his very positive experience with developing a team of champions. The compliance team identified 20 champions with the goal of creating stronger links with the business units. The champions were trained in issues such as identifying red flags, reporting, escalating incidents and performing root cause analysis. They were also charged with helping facilitate communication, both from the compliance team to the business unit and back up to compliance.
Listen in as he shares what the Bupa team learned along the way, how to identify potential champions, and how to turn the vision into a reality.