S2E4 | Ethics is the Best Defense: Leo S. Mackay, Jr. on Building a Values-Based Culture at Lockheed Martin

This episode of the Principled podcast is hosted by Ben DiPietro, editor of LRN’s E&C Pulse newsletter, who interviews Leo S. Mackay, Jr., senior vice president of ethics and enterprise assurance at Lockheed Martin Corp. 

Mackay explains the strict compliance landscape within the aerospace and defense industry, and open and collaborative efforts that go beyond the law with a commitment to ethics, both in the industry itself and within the company's supply chain. 

Lockheed Martin has five distinct disciplines under the Enterprise Assurance umbrella, but the tools used for risk management within each are largely the same. Mackay describes Lockheed Martin’s commitment to diversity and inclusion, mandatory ethics training in response to #MeToo, and other social activism.

What You’ll Learn on This Episode
[1:02] How did you find your way to working at Lockheed Martin? What led you to ethics and compliance?

[3:13] What is unique about leading ethics and compliance at a defense company?

[6:34] What were some of the challenges associated with integrating ethics and compliance with the internal audit enterprise risk function?

[8:22] Are there still times when these issues need to be separated and handled individually?

[9:33] Are you finding other departments more willing to embrace ethics and compliance than they were in the past? What can ethics and compliance do to better lay the groundwork for positive relationships with other business units and executive management?

[11:46] As you move forward, what’s happening at Lockheed Martin in terms of diversity and inclusion, and how is all this being shaped my #MeToo and social activism of employees, investors, and others?

Find this episode of Principled on Apple Podcasts, Google Podcasts, Stitcher, Sound Cloud, Podyssey, or anywhere you listen to podcasts.