1 Managerial Reality of Ethics & Compliance Empowering Compliance in Real Executive Life for the Life Science Industry “Real integrity is doing the right thing, knowing that nobody's going to know whether you did it or not.” – Oprah Winfrey, American actress, producer
1  Managerial Reality of Ethics   Compliance Empowering Compliance in Real Executive Life for the Life Science Industry   ...
Overview VALUE PROPOSITION Program Objectives Exactly what problem will this program solve? Multinationals in the life science industry spend hundreds of millions of dollars in trying to prevent ethical and compliance incidents that translate in business tragedies. Despite these efforts, organizations continue to fail, individuals continue to behave dangerously and the incidence of fraud and reported levels of corruption are not declining. This lecture addresses the root causes of this unacceptable trend and suggests practical solutions that are based on 20 years of field-based learnings in high risk emerging markets. IMPLEMENTATION How will the learning objectives be achieved?  The learning objectives will be achieved through the speech highlighting the need to correctly contextualize and complement the current corporate approach. The breath taking nature of actual business cases prepares a solid base for the learning moment focused on solutions based on real life experience and built to survive the most ethically inhospitable environments. TARGET AUDIENCE All level of corporate management independently by the functions, business unit or geographical responsibilities. The speech is normally highly rated by managers with emerging markets responsibilities. INDUSTRY TARGET Pharmaceutical (including OTC), In-Vitro Diagnostics , Biotechnology: Biological Products including Blood derivates, Vaccines & Biologics, Medical Devices , Laboratory Instruments, Radiology Aparatus, Surgical appliance and supplies, Medicinal and Botanical products, Hospital IT & Automation , Life Science Research. ii
Overview VALUE PROPOSITION  Program Objectives  Exactly what problem will this program solve  Multinationals in the life s...
Overview DAY 1 Session 1 Morning Module 1 1.5 h Break 15min Module 2 1.5h Module 3 1.5 h Break 15min Module 4 1.5h Afternoon iv
Overview  DAY 1 Session 1 Morning Module 1  1.5 h  Break  15min  Module 2  1.5h  Module 3  1.5 h  Break  15min  Module 4  ...
Class Plan Session 1 AGENDA TRAINING POINT The International Compliance Framework: FCPA, PhArma (Pharmaceutical Research & Manufacturers of America), EFPIA Code (EU Federation of Pharmaceutical Indistries & Associations), EUCOMED (European Medical Devices Industry), Code of Conduct, ABHI Code (Association of British HC Industries), Understanding the fundamentals of the international regulatory framework. Including regulations set by industrial associations and local legal requirements. Practical Examples of Corporate Ethical & Compliance Programs Module 1 CONTENT OUTLINE Understanding how most multinationals frame their E&C program. Common Corporate Approaches to Compliance and related risks Aligning Compensation to Compliance: the role of rewards in organizational culture Module 2 Real Life Cases: Eastern Europe Real Life Cases: Latin America Real Life Cases: Italy Understanding how multinationals usually approach ethics and compliance & what programs are used. Highlighting the limitations of current approach with specific reference to the emerging markets. Learning the extent of these limitations through real cases from emerging countries. Principles vs. Rules Barriers to Program Implementation Barriers: Cultural and social level Barriers: Inter-organizational level Module 3 Barriers: Organizational level Barriers: Managerial level Barriers: Interpersonal level Understanding the major barriers that can make E&C program fail. Understanding how barriers function at all levels from personal to managerial to inter-organizational. Making sure that attendees explore in depth the complexity of ethical and compliance issues in large organizations. Barriers: Personal level Overcoming barriers Useful Tools Module 4 Filed-based Key Learnings Learning about the key tools that are critical in overcoming E&C barriers. Understanding how to work with the tools and their applicability in the current organizational and social context. v
Class Plan Session 1 AGENDA  TRAINING POINT  The International Compliance Framework  FCPA, PhArma  Pharmaceutical Research...