The Foreign Corrupt Practices Act (FCPA) is a law, aimed at transparency in international transactions, especially between business organizations and government. The interesting aspect about this law is for those firms who are operating in the US, is that if they violate this law in any foreign country, they have to face charges in US. Another aspect is that it makes the organization liable even for the actions committed by its third party agents. Let us see the following cases for more clarity.
- An allegation was made by the United States Security Exchange Commission (SEC), on an American global manufacturing company that its subsidiary in Russia used “marketing agreements” to pay millions of dollars to government officials through offshore companies. Inspite of being aware of such FCPA violations, the Organization did not respond. As a result, it had to pay 28 million dollars to settle the charges for violating the FCPA law to SEC.
- In another case reported by Guardian, a famous UK based pharmaceutical company had to pay 3 billion US dollars to US authorities, for influencing the doctors to prescribe their drugs. US attorney Carmin Ortiz stated that the sales force was involved in bribing physicians to prescribe their products.
- In yet another case reported by New York Times, a German engineering company was fined by US and European authorities for violating the FCPA laws, to secure the contracts in other nations like Bangladesh, Venezuela and Argentina. Here the company is not an American company, but operating in US, and had to face charges for its actions, even though these were committed abroad.
It is clear from the above cases that any firm operating in the U.S, has to be vigilant about their activities, not only in the U.S, but also in other countries. If the rules are violated at any part of the world, by any employee or third party firm, the company has to face financial charges and other repercussions in the U.S. The company may also lose its reputation among its stakeholders worldwide.
It has therefore, become very important to the firms to train their employees from the level of board members to sales associates to third party firms and it became necessary for them to implement the training program globally.
In implementing such global training programs, the companies face several challenges as shown below:
- Training the work group in each and every location they operate, is difficult and involves a lot of travel.
- Delivering the standardized content, uniformly throughout the globe, may not be possible, as all the trainers may have different levels of competence.
- Producing the proof or records regarding the completion of such training, to the regulatory authorities is mandatory. For this the company has to maintain adequate records regarding training sessions including attendance, logs, assessments and materials distributed, which requires a complex set of activities and proves to be a costly affair.
In my opinion, eLearning would address most of these challenges. The uniform delivery of standardized content is possible. Once designed, it can be translated into respective languages and deployed multiple times. This addresses the recurrent and globalized training needs also. Training can also be rolled out quickly, to the globally dispersed workforce. Any changes and updates in the laws, can be updated and conveyed quickly.
Moreover, when these courses are rolled out through LMS, the tracking of the learners will be easy and the reports generated by the LMS are accepted by most of the regulatory authorities.
So, if you are contemplating FCPA training then eLearning is a good choice.
Subscribe to Our eLearning Design Blogs
Get CommLab's latest eLearning articles straight to your inbox. Enter your email address below:
We all have a child in ourselves, energetic, fun loving and having zeal to explore and win games. In this state, we learn the best because our emotional state is very positive and retention of learning will be at the peak.
How do we bring out the kid in ourselves, while learning a new skill or acquiring knowledge?
Introducing new processes and software applications can be quite a daunting task. Employees are not receptive to change and teaching all the details and minute steps can be time consuming. Conducting classroom sessions might not be a very beneficial solution. Learners will need to set aside time from their busy schedules, and often, this might not be feasible. The limited number of facilitators will also slow down the learning process. Facilitators will also need to travel extensively to teach learners spread all across the globe. All these arrangements take up considerable efforts, time and financial resources.
I would like to pick your brains with a quick question on compliance assessment.
In your experience with assessing compliance topics, is it OK to let learners keep repeating a quiz until they achieve 100%?
The mining industry plays a key role in the Australian economy. According to a report published by the Department of Education and Early Childhood Development, Government of Victoria, in 2013, mineral and energy commodities account for 60% of the nation’s total exports.
In this blog, I wish to share my experience on how I developed an interesting course though it had technical content.
This course on finance was a challenge for a non-financial person like me. Initially, it panicked me as I have no idea about finance. But, as an instructional designer, my approach towards this project was more on “educating not teaching”. For this, I did a lot of content comprehension to educate myself before I educate others. We will now see how I faced this challenge and accomplished my goal.
We still remember things that we have learned during our childhood. We remember many incidents that happened long ago. But, there are some instances where we don’t remember things. This,most probably, happens during education. Being a human being, it’s quite natural to forget things.
When you google the words ‘eLearning vendor’, you will come across many websites. Each website contains a lot of information, and sometimes, it may be misleading. Moreover, you might be busy or have no time to go through all the content to check the credibility of the vendor.
When most of us think about product training, we tend to think about the training programs provided for sales people to stay ahead of competitors. But, this type of training is given not only to sales people, but also to other audiences who need product training. Firstly, it should be provided to technicians to equip them with knowledge of every part of a product and its working. This helps them provide better service and ensure customer satisfaction. Another important audience who should be trained on your products is customers. A good training program provides the basic knowledge of your products, their usage and benefits, which goes a long way in building loyal customers.
Welcome to today’s blog post. Most of the articles, blogs and eLearning companies today portray an impression that the working domain of instructional designers is limited to eLearning. This is not true. The instructional design concept came into existence even before the invention of personal computers. E-learning or the educational technology uses the instructional design principles to enable superior understanding and enhanced learning experiences. Now that most of the training institutions have moved on to digital classrooms globally, I would like share some ideas on instructional designing for technology-enabled classroom training. These ideas will be applicable even in a traditional Instructor-led Training (ILT) program except that the supporting documents will be hard copies and not digital.
An online learning community (OLC) is a web-based learning environment with the latest digital technologies, where interconnected learning participants communicate, construct their knowledge collaboratively and share their personal experiences (Palloff & Pratt, 1999; Preece, 2000; Richardson, 2006).