Inspiring Integrity
How to Win with Compliance and Propel Performance
by L. Stephan Vincze
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Pub Date Nov 12 2024 | Archive Date Nov 30 2024
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Description
Inspiring Integrity: How to Win with Compliance and Propel Performance by L. Stephan Vincze provides an essential leadership roadmap for transforming compliance from a tedious obligation into a strategic business advantage. Vincze, a seasoned attorney, Washington political veteran, and corporate compliance professional with over twenty-five years of experience, emphasizes the importance of ethical leadership and a strong corporate culture in achieving compliance excellence. The book introduces a practical, five-step framework to create and sustain effective compliance programs, from defining success and developing a shared strategy to executing plans collaboratively and measuring results.
Through compelling real-life anecdotes and case studies, Vincze demonstrates how compliance, when done right, can propel performance and inspire a culture of integrity. For instance, he shares the inspiring story of a biotech CEO motivated by his son's illness to push the boundaries of innovation, resulting in groundbreaking treatments. He also recounts how a heartfelt plea from a mother of a sick child inspired a sales team to adhere to compliance regulations, showing the human impact of their work. Additionally, Vincze discusses the lessons learned from high-profile compliance failures, such as the Theranos scandal, underscoring the necessity of early ethical leadership and robust compliance programs.
This book is a must-read for CEOs, senior executives, compliance officers, and legal counsels, as well as law and business students, investors, and board members. With its actionable insights and practical advice, Inspiring Integrity equips readers with the leadership knowledge and tools to embed ethics and integrity into their corporate DNA and achieve sustainable business success.
Advance Praise
"When it comes to ensuring a healthy corporate culture―one that understands and respects the business value of compliance―Steve Vincze is the 'go-to' professional. Steve and I have worked together in multiple companies to develop and instill a culture that can win with compliance at the forefront. This book is an essential read for those who want to do the right things in the right way. Winning with compliance is the only way to run your business."
―Rich Daly, President and CEO, Catalyst Pharmaceuticals, Inc.
"Wow. This is an important book. Inspiring Integrity is not just about compliance; it’s about how to develop a culture based on ethics and integrity, which every organization needs. Every CEO and director should read and draw inspiration from it."
―Dr. Michael Gibbs, Ph.D., Clinical Professor of Economics, University of Chicago Booth School of Business
"Steve Vincze has produced a gem of a book. Rather than looking at compliance as a burden, Steve sees it as a key to performance. Compliance officers and corporate leadership in general should read this book to understand how a compliance program can empower the entire company to do better."
―Frank Lavin, Author of Export Now; Former U.S. Ambassador
"You would expect this book to be an excellent read for compliance offers and compliance professionals coming from a former chief compliance officer and US Marine. But what was unexpected is twofold: First, it’s a tear jerker as we learn the compelling story of how leadership, honesty, and integrity were the backbone of Vincze’s upbringing and the life of his family as immigrants from Hungary to the US. Second, this is not just a book for compliance officers and compliance professionals. It’s a book for the C-suite and boards of directors that will inspire business executives to work with their compliance teams to do the right thing for their companies and for patients."
―Meenakshi Datta, Partner, Sidley; Global Co-Leader Healthcare Practice; Global Life Sciences Leadership Council Member
"I have known Steve Vincze as a passionate ethics and compliance pioneer for twenty-five years. We first met in Washington in 1999 at the very first Pharmaceutical and Medical Device Ethics & Compliance Congress, where Steve was the first speaker ever to present on international compliance, presenting his International LL.M. thesis from Georgetown Law School. Steve rose to prominence in the ethics and compliance profession in the early 2000s as a result of his leadership and cutting-edge innovations in branding, training, monitoring and measuring compliance program effectiveness while implementing what was at the time the largest corporate settlement agreement (CIA) in the history of the pharmaceutical industry at TAP Pharmaceuticals.
From Washington to Budapest to Istanbul, I have invited Steve over the years to share his uniquely creative, business-friendly, and practical compliance wisdom. An excellent and engaging presenter, you can count on Steve to weave in historical references, present engaging graphics, and keep it fun with his dry, self-deprecating wit, while at the same time reminding us how to apply tough but effective leadership standards he learned as a proud Marine Corps officer.
So it comes as no surprise that his new book, Inspiring Integrity: How to Win with Compliance and Propel Performance, does exactly the same thing―only better! What was a surprise is just how moving some portions of the book are. Packed full of colorful anecdotes, practical advice, and useful checklists, this truly is a wonderful book for both practitioners in the trenches and theorists in the classroom. It is an absolute must read for all C-Suite executives, board members, and business, legal, and compliance leaders. Always inspiring about compliance in person, Steve has re-inspired me with his book. Read Inspiring Integrity―I guarantee you will be inspired too!"
―Peter N. Grant, JD, PhD, President and CEO, Health Care Conference Administrators, LLC (dba Global Health Care, LLC); Senior Advisor and Former Chair, Health Law Section, Davis Wright Tremaine, and Chair of Health Policy Publishing, LLC; Advisory Board Member, Harvard Health Policy Review; Former member, editorial board of Health Affairs
"Steve Vincze’s pathbreaking book is worth an entire degree program in corporate compliance. He writes movingly about the challenge of leading leaders to embrace and embody the virtues of inspiration, integrity, ethics, and compliance. The health care industry desperately needs to rediscover its bearings, and there’s no better place to start than this insightful volume. Beyond health care, every industry or business, large or small, will benefit from the author’s decades of experience and wisdom."
―Thomas Wm. Mayo, Professor of Law, Altshuler University; Professor (adj.), Department of Internal Medicine, UT-Southwestern Medical School; of Counsel, Haynes Boone, LLP., SMU/Dedman School of Law
"I have long observed that the most effective professionals have one foot in the library and one foot in the street. That is, they allow theory to inform practice, and practice to inform theory. Given that Steve Vincze has spent a decorated career toggling between those two venues, it comes as no surprise that Inspiring Integrity is both compelling and illuminating. The book offers a fresh perspective from which to view compliance and, as such, is required reading for both emerging and existing leaders."
―David A. Shore, Former Associate Dean and current Faculty, Harvard University; Former Distinguished Professor of Innovation and Change, Tianjin University of Finance and Economics (China)