ETHICS

bandaid

Is Your Ethics Training a Band-Aid Approach to an Artery Problem?

When issues arise with your ethics program, you have two options for how to solve them: the quick way and the right way. Be sure that you're not taking a Band-Aid approach to a serious problem. Just as you'd seek out a medical professional to stitch you up after an accident, you ought to enlist a properly ...

core values

Drawing the Line on Accountability

Consider GM's latest debacle: the C-Suite claimed no knowledge of the company's use of faulty ignition switches going back more than a decade. And perhaps they didn't know, but they should have. Executives must be held accountable for subordinates' failings, so they must be aware of what's going on internally.

philosophers

Is Classical Moral Philosophy Letting Us Down?

Business ethics is traditionally taught by college philosophy departments. Considering source material often predates modern business practices by hundreds -- if not thousands -- of years, this should raise eyebrows. The principles of classical moral philosophy aren't very helpful in today's business world, so why are they being applied?

impossible

Fixing a Company’s Ethics and Compliance Culture

In the aftermath of a serious violation, efforts to overhaul a company's culture of ethics and compliance may seem too little, too late. And can it even be done, anyway? With the right players at the helm it can. With the Board and the CEO jointly and sincerely championing change, the organization stands a far greater ...

3D report with projections, graphs

Ethics and Compliance Risk Projections for 2014

What does the future hold for the ethics and compliance function? LRN mines analysis from leading E&C experts to make projections about what's to come. Among the trends: greater focus on supply chain management, integrity pacts, and heightened vigilance with regard to FCPA compliance. Also, data management and social media are under the microscope, and when ...

money down the drain

Stop Getting Ripped Off: The Financial and Reputational Case for a Deeply Embedded Ethical Culture

Compliance and ethics often go hand in hand, but being in compliance doesn’t necessarily mean your organization is a bastion of ethical behavior. Fraud is unsettlingly common, and we’re not talking about the petty stuff. Having a deeply embedded ethical culture can protect against misconduct that comes with six-figure (or higher!) losses, causes significant reputational damage and ...

megaphone

The Value of an Ethical Culture

When it comes to compliance, the best investment a company can make is to create and promote an ethical culture. Dollar for dollar, communicating this message is the money well spent. A CEO has to commit time and effort to the program. If the CEO does not want to commit, the job will be much harder. ...

harriet-tubman

Harriet Tubman and Navigating to Become an Ethical Company

March 10th was the 101st anniversary of the death of Harriet Tubman. She was one of the greatest conductors on the Underground Railroad, which took slaves out of the old south and up to freedom in the north and into Canada. I read about her as a child and her story always moved me.

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