Summary: <a href="http://complianceandethics.org/wp-content/uploads/2017/11/Compliance-Perspectives-Cover-Art-1024x1024.jpg"></a><a href="http://complianceandethics.org/wp-content/uploads/2015/02/turteltaub-adam-200x200-150x1501.jpg"></a>By Adam Turteltaub<br><br> adam.turteltaub@corporatecompliance.org<br> Public-private partnerships are formed jointly by government entities and the private sector. Like joint ventures they have two organizational owners. Also like joint ventures they share a risk: each side thinks the other is in charge of compliance, while neither side actually is.<br> <a href="mailto:kwswagler@BiStateDev.org">Kent Swagler</a> is there to makes sure that compliance is very much taken care of for <a href="http://www.BiStateDev.org">Bi-State Development</a> in St. Louis. He serves as the organization’s Director, Compliance and Ethics.<br> In this podcast he shares how to make compliance work in a public-private partnership. The key, he explains, is to work together collaboratively to turn compliance into an asset for protecting mutual interest. He shares numerous pieces of advice including:<br> <br> * The importance of demonstrating that this is not a duplication of effort<br> * The need to gain the support of the employees by demonstrating you are listening<br> * Providing metrics of success, even if it just progress<br> * The value of a consolidated requirements spreadsheet<br> <br> Kent concludes by sharing how he was also able to demonstrate how much the compliance program saved the partnership.<br> It’s good listening for anyone in a public-private partnership, or even a joint venture.<br>
