The 2017 Formula One season started promising. The change of the rules strengthened the role of the driver, and as result the top competitors came closer on the track. Accordingly, the first two races saw different winners, first Sebastian Vettel for Ferrari and two weeks later Luis Hamilton for Mercedes.
Former F1 champion Mario Andretti once said: “If everything seems under control, you’re not going fast enough.” For Ethics & Compliance you can inverse the argument: “If you don’t have everything under control, you’re going too fast.”
A graphic picture as the company’s Ethics & Compliance program shall limit the speed, how fast the company can act inside the market. Important, the speed depends on both, man and machine. Or in other words, the Compliance system (based on values & controls) itself, but also the Compliance staff.
The Ethics & Compliance program has to be adequate for the company and due to this, based on a risk assessment. Only if the car fits to the championship, success can be reached. A robust Rally car has no chances at a Formula One week-end and on the other hand, a filigree F1 car will never see the chequered flag at a Rally event.
Besides that the type of competition is important. If they are slow, the company, including its Compliance system, does not have to drive at the limit. It gets dangerous if the other cars get bigger inside the rear-mirror or even overtake. The driver may get tempted to go faster than the car is capable of. Most likely, the vehicle will end up somewhere besides the track, in the worst case scenario being a total loss; as a corruption case is a threat for the sustainable future of the company.