Trend: More companies adding CROs
Is a new acronym the answer to your compliance woes? Hardly, but a CRO, which stands for Corporate Responsibility Officer, is gaining ground at more big companies. The likes of Wal-Mart, IBM, Charles Schwab and others have already embraced the concept. Others will likely follow. It basically boils down to a single person responsible for all compliance efforts, a person who ideally is empowered to do all necessary to keep the company on the straight and narrow. Some companies, however, have basically given the title to an existing executive, which may or may not work.
> Here's an article.
> Here's some commentary from HRO Today.

