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Compliance That Makes Sense

141 - Why Founders and CEOs Sometimes Micromanage Compliance

29 May 2023

Description

The tendency to micromanage compliance is rife in the FinTech world. In this episode, I discuss the various reasons why this is the case and offer some advice on how to deal with a micromanager!  If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.    Today's episode: [00:41] An overview of today's topic.  [00:58] Examples of what micromanagement of compliance typically looks like.  [04:16] One of the main reasons that so many founders micromanage their compliance teams.  [05:02] Why micromanagement is problematic.  [05:10] Additional reasons for the prevalence of micromanagement of compliance teams by FinTech founders.  [08:05] Advice for how to overcome micromanagement tendencies (or deal with a micromanager).   Show links: Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package! I would love to invite you to sign up for my newsletter. If you are interested, please click here.

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