As the Chief Compliance Officer for a large manufacturing company, I face many challenges in implementing an effective compliance program. MAPI, however, makes my job a little easier. MAPI meetings always provide useful insight on what peers are doing in the compliance area, and gives me valuable nuggets of information that I can implement in my organization. In addition, I rely on MAPI to provide useful surveys and benchmarking data, such as the recent survey on the Ethics and Compliance Function, to help me align with other organizations inside and outside of my industry. Excellent year-round value.
I have personally been a member of MAPI for many years, participating on both the Internal Audit and the Ethics and Compliance Councils. MAPI has always been my go-to resource for benchmarking, peer networking, and generally staying abreast of key business issues. Council meetings provide a unique opportunity not afforded by other organizations to not only network with peers, but to hear lessons learned and best practices that I can take back and use at Navistar, without pressure from outside vendors. I can honestly say that I have applied at least one new practice from every MAPI meeting I’ve attended.
Being active in MAPI has enabled us to rapidly benchmark our organization’s processes against other world-class organizations. This in turn has enabled our organization to rapidly improve in areas that are critical to the continued success of our business.
Environmental management is a rapidly evolving discipline, involving virtually all corporate functions. What I love most about the MAPI EHS Council is that I can connect instantly with a network of over 100 manufacturing EHS professionals with their respective corporate experiences for thoughtful, useful feedback on the issues I’m facing. Having access to that breadth of knowledge and resources is invaluable.
The MAPI EHS Council is by far the most useful industry association group in which I participate. The meetings always provide great insight on EHS issues, and more importantly, generate ideas and solutions that I can implement in my own organization. I have participated in more than 20 MAPI meetings over the years, and I can honestly say that I have learned something new and practical at each one. I also know that I have over 100 EHS peers with whom I can network at any point in time and receive useful feedback on an EHS issue. That type of value-add makes MAPI worth every penny!
MAPI always has relevant and emerging topics on their meeting agendas. This provides a valuable forum not only to learn, but to network with other companies on best practices and strategies that are being implemented across the industry. Additionally we have used MAPI as an informal and rapid means to survey the industry on topics or practices. Finally, our MAPI membership provides an opportunity to supplement our EHS talent development efforts by inviting future company EHS leaders to attend a meeting. This provides valuable networking and the opportunity for our young professionals to learn and access mentoring outside our company.
The MAPI Division Finance Council meetings always generate good ideas that I take back to work and implement. By talking openly with my counterparts in other companies we share best practices and learn from others' mistakes.
I often tell friends and associates that the bi-annual MAPI CFO Council meetings are dates on my calendar that are the most closely guarded. There is something about having a network of your peers that is hard to explain. The benefits that derive from exploring issues common to the CFO role in an open forum and from developing a network of individuals to bounce ideas off of are of significant value. I and my company have benefited from this network in areas as diverse as capital structure, offshoring, and corporate governance.
My executive team and I find tremendous value in our MAPI membership. Insights gained from the Council meetings have made our executives more effective leaders, and in turn made Kennametal a more competitive company. Given the unparalleled access to best practices that MAPI offers, I consider membership a key component in executives' individual development plans. Further, the economic forecasting has helped us navigate the increasingly complicated global economy. The return on investment we receive from MAPI is substantial.
MAPI has been a tremendous resource for our executives. They consistently bring back innovative processes and fresh insights from the Council meetings. MAPI’s research and forecasting are on the leading edge for the industrial sector.