• Using Compliance Data to Facilitate Business Efficiency with Jonathon L. Kellerman

  • Jul 27 2021
  • Length: 35 mins
  • Podcast
  • 5.0 out of 5 stars (1 rating)

Using Compliance Data to Facilitate Business Efficiency with Jonathon L. Kellerman

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  • Summary

  • To leave a legacy of operational excellence in compliance is what Global Chief Compliance Officer, Strategic Leader, and Partner at StoneTurn Jonathon Kellerman hopes to achieve in this dynamic industry.  He has been at the forefront of the evolution of compliance programs in health care, life sciences, and pharmaceuticals with over 25 years of experience in compliance strategy, program development and execution; controls design; operational excellence; risk assessment and mitigation; complex investigations; and negotiating and managing government settlements.  Major takeaways discussed in the episode: ✔️ Glean lessons from Jonathon's unique journey starting a health care compliance practice that served as the first in the industry. His experience in a consulting practice helped health care providers with complex compliance challenges.  ✔️ Traditional compliance has been limited by the rigid standards around an audit mentality. Jonathon shares that the focus on looking at transactions in silos instead of the holistic approach of looking at data over time is what's made compliance programs from being truly effective. ✔️ Compliance programs limiting themselves to the standard practice of risk management will risk being irrelevant in future companies.  ✔️ The COVID-19 pandemic broke barriers and accelerated digital transformation. Every company does it to some extent in utilizing digital platforms and data that opens up new ways of rethinking our traditional engagements.  ✔️ Advanced technologies use data and digital platforms that create a new type of risk. But it also means that more than ever, there's a lot of pressure put on companies to operate quickly and very efficiently. ✔️ The skills needed for the compliance professionals of the future is something never taught in law school. Jonathon emphasizes that an individual in the compliance space must speak business language, have trust and credibility, and be willing to think outside the box.  ____________________________________________________________________ Jonathon L. Kellerman is a Partner with StoneTurn, brings over 25 years of experience in compliance strategy, program development, and execution; controls design; operational excellence; risk assessment and mitigation; complex investigations; and negotiating and managing government settlements.  A former Global Chief Compliance Officer in the heavily regulated pharmaceuticals industry, Jonathon draws on his in-house career, as well as 20 years as a trusted adviser, to counsel executives and Board members on evolving compliance risk and to help clients design innovative, data-enabled, and business-friendly compliance solutions to proactively and reactively manage risk. Jonathon has deep experience pioneering technology and data-driven compliance solution innovation, operational improvement, and business protection/enablement in the pharmaceutical, life sciences, and healthcare industries, including his prior role as Global Chief Compliance Officer of Allergan. LinkedIn: https://www.linkedin.com/in/jonathonkellerman/ Email: jkellerman@stoneturn.com ____________________________________________________________________ About Thomas Fox: Thomas Fox, the Compliance Evangelist®, is one of the leading writers, thinkers, and commentators on anti-bribery and anti-corruption compliance. In this latest edition of The Compliance Handbook, he continues to arm seasoned compliance professionals and those new to the realm with the practical, actionable guidance and tools needed to design, create, implement and continually enhance a best practices compliance program. Order your copy OR copies of The Compliance Handbook: A Guide to Operationalizing Your Compliance Program.  http://www.lexisnexis.com/fox25  
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Great compliance insights

This episode is really great and provide a great outlook on the future of compliance

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