Nicole Diaz (Snap Inc.) - How to Build an Ethical Company
Entrepreneurial Thought Leaders (ETL)
Stanford eCorner
4.5 • 740 Ratings
🗓️ 2 June 2021
⏱️ 50 minutes
🧾️ Download transcript
Summary
Nicole Diaz is the Global Head of Integrity & Compliance Legal for Snap Inc., where her responsibilities include promoting ethical business standards and adherence to the Code of Conduct, managing risk in key areas such as anti-bribery and trade law, and leading internal investigations. In this conversation with Stanford professor Tom Byers, Diaz insists that ethics is a strategic imperative for 21st century businesses, and explores how the concept of “enlightened self-interest” can create a framework for better decision-making without requiring a commitment to pure (and unrealistic) altruism.
Transcript
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| 0:00.0 | Who you are defines how you build. |
| 0:05.0 | This is the Entrepreneural Thought Leaders series. |
| 0:09.0 | Brought to you by Stanford E. Corner. |
| 0:13.0 | I'm delighted that we're finishing up our regular school year with a ETL featuring Nicole Diaz. And I want to get this part right before |
| 0:22.8 | I talk about the fact that I also call her a friend, but she's something else. She's the global |
| 0:28.5 | head of integrity and compliance legal for SNAP. I'm pretty sure you all know or use Snapchat. |
| 0:37.1 | Her responsibilities there are promoting ethical business |
| 0:40.7 | standards and adherence to the code of conduct, which is something we're going to learn about |
| 0:45.3 | during her remarks. She also manages risk in key areas such as anti-bribery and trade law |
| 0:51.2 | and leading internal investigations. She's a Harvard Law School graduate. |
| 0:56.1 | Just too bad she didn't apply to Stanford. And an integrity first compliance attorney with over |
| 1:02.7 | a decade of experience in investigations, both civil and criminal cases. Wow, I'd love to talk about |
| 1:09.6 | that as well, but I'm not sure we'll have time. |
| 1:12.3 | Here's something's very important, though. She co-founded the Los Angeles chapter of the |
| 1:16.7 | Law and Tech Diversity Collaborative and is a co-chair of SNAP Legal's Diversity Group. |
| 1:22.2 | But it's more. I've had a good fortune in getting to know her over the last couple of years. |
| 1:26.7 | We were introduced to each other via my counterpart at Duke University, John Feld, |
| 1:31.4 | and we all feel very strongly about elevating ethics when it comes to innovation and entrepreneurship. |
| 1:40.4 | And that's what brought us together. |
| 1:41.6 | We actually did a number of webinars like this last year where the audience was academics and industry people. And that was a real joy to co-sponsor those with Duke and the University of St. Thomas. And Nicole participated in was just terrific. Because of that, I invited her to talk and come and teach with me this spring in our graduate class on |
| 2:02.3 | entrepreneurial finance and management, and that was really a lot of fun. |
| 2:05.8 | But we did a case on Uber and also talked about SNAP. |
... |
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