In large nonstick skillet, cook bacon until crisp. Remove bacon from skillet; crumble. Set aside.
Drain all but 1 tablespoon bacon drippings from skillet, or drain off all drippings and add 1/4 cup water to skillet. Add okra; cook over medium heat for 4 to 6 minutes or until crisp-tender, stirring frequently.
Stir in crumbled bacon, corn, bell pepper, salt and pepper; cook until thoroughly heated, stirring occasionally.