... and know how to use it ...
With respect to compass, I'm not sure how critical real orienteering is for most people. It's more about not being totally turned around and/or being able to make sure you hit some feature like a road.
The little handheld trail GPS my parents got me after my first such misadventure has proven incredibly useful for figuring out where I made the wrong move. (The first such misadventure, I was using the paper map to work out if there was a bend I missed).
As for orienteering: I learned it once and never used it. (btw, the Sierra Club course where I learned it got cancelled when someone sued over an injury in ice ax practice.)