This list can be used as additional fuel for discussion.
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Avoid/reduce criminal fines
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Avoid/reduce criminal charges
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Avoid/reduce punitive damages
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Avoid civil liability
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Avoid imposition of adversaries’ counsel fees, e.g., in antitrust cases
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Avoid government suspension/debarment
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Avoid loss of export privileges
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Help in recruiting/retaining employees
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Maintain high employee morale/productivity
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Avoid loss of personnel from charges/convictions/dismissals
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Help in recruiting/retaining board members
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Prevent/reduce waste, fraud and abuse against company by employees & contractors
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Create competitive advantage in selling to blue chip customers
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Protect/strengthen brand reputation
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Avoid consumer boycotts
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Avoid/reduce consumer informal complaints (phone calls, letters, emails)
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Maintain goodwill with governments, i.e., regulators & legislators
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Reduce insurance costs
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Avoid/reduce litigation against board members
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Avoid/reduce outside legal counsel fees from compliance litigation
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Avoid/reduce management disruption from litigation, investigations, or compliance crises
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Avoid costs of imposed compliance programs, such as monitors and 3rd party reviews
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Avoid limits on future business freedom from government-imposed restrictions
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Avoid loss of stock market value
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Avoid/reduce loss of company’s own proprietary information (through IP compliance program)
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Strengthen protection of company’s own intellectual property, i.e., trademarks, copyrighted materials, and patents
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Reduce generation and retention of excess records (through records compliance program)
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Avoid/reduce loss of life and property, and down time from unsafe facilities/activities and accidents.