The Far-Reaching Benefits of Accountability

Sam Silverstein and Tom Fox, hosts of the new offering from the Compliance Podcast Network, want to welcome you to Accountability: The Heart of Compliance. Tom asks Sam to share with listeners - why exactly is he so passionate about accountability? A Little Foundation What is accountability? Sam explains it is the foundation for being the best we can be. He says we all got it all wrong: we tend to think accountability is a way of doing things, but it is actually a way of thinking things. Sam shares how he has discovered some amazing things through prioritizing accountability - especially commitment; keeping commitments to people, commitments to the truth, commitments to values. And as a leader, when you show commitment, employees want to show commitment back to you. Integrity Is an All-Around Thing Sam notes that we often tend to think there’s a big difference between our personal lives and our professional lives but in reality, if we choose to live a life of integrity, that means all areas of our lives have to agree, have to align, whether at home, on the beach or in the business. What Does it Mean for Business? There are a lot of organizations that operate with a lot of money but little integrity. Sam believes if you run a business with integrity, you will end up with much more money over the long haul, even if it takes more time. Treat your team members with integrity, and they will put in the work and in turn, they will treat your customers the right way. In small businesses, it can be easy for a leader to succumb to pressure, but it’s important to remember to keep making decisions based on what’s right and not based on money only. What Are the Benefits of Accountability? Sam talks about the responsibilities of an employee: getting the job done and done right, on a timely basis. When a leader is committed to making every decision based on values, employees are inspired to want to make those same commitments in return, be more engaged and take a ‘rather-die-than-let-you-down’ attitude because they know that their leader has the same attitude towards them. Ultimately, he says the quality of work reflects the relationship between the leader and the employee.  Learn more about your ad choices. Visit megaphone.fm/adchoices