Any number of factors contributed to our economic collapse—credit default swaps, mortgage-backed securities, Ponzi schemes, subprime mortgages, and all sorts of other things that most of us had never heard of a year ago. But they all boil down to one simple concept: a loss of trust.
Perhaps the most important role E&C officers serve is that of “Corporate Clergy”. In this role, E&C officers advise business leaders and leaders in other administrative functions on what it means to be ethical and legal. In short, E&C officers advise on what compliance really means.
Among today’s news links: Does Digital Communication Foster More Ethical Business Behavior?; Dodd-Frank: Governance Issues Galore; and The Fiscal Responsibility of Business Ethics in the Privacy Debate.
The first part of this article outlines five action items that CEOs and boards should take to elevate a qualified person to the important new role of Business Integrity Executive. Part II of this article explores the mirror image of this equation: the five necessary qualities of a successful BIE.
In the latest installment of his ongoing series, Jason Lunday explains why social media can and must be proactively managed for a company to safeguard its reputation and provide its employees with the tools to manage their own personal and business activities.
Among today’s news links: Social media can help, complicate business; Revisiting Toyota, ethics, and compliance; and a bad day for governance.
Among today’s links: Supreme Court Rules Employers Can Read Employee Texts; Delivering Happiness: The New Tribal Business Ethics; The Odds Are Increasing That Microsoft’s Business Will Collapse.
Among today’s Water Cooler links: Obama administration gets tough on business corruption overseas; UBS tax deal at risk in game of political ping-pong; and business ethics, with a chuckle.
Ethisphere Executive Director Alex Brigham participates in a Q&A with CCI about the Institute’s recently released 2010 list of the World’s Most Ethical Companies.
The Ethisphere Institute today announced its fourth annual selection of the World’s Most Ethical Companies, highlighting 100 organizations that lead the way in promoting ethical business standards.
