Creating a culture of ethics is essential in the modern business world. The customer and stakeholder relationship depends on being perceived as having integrity and operating in an ethical manner. There is no hiding in today’s world, not when every infraction and mistake is broadcast by the instantaneous news cycle or on social media. In...
In today’s business world, it is essential to have a strong ethics program in order to form and maintain a positive rapport with customers. Due to the instant and global nature of the media, customers are more aware of business practices than ever before. The two main types of ethics programs revolve around either integrity...
Ethical Standards A company’s ethical standards are a major part of its identity, and one of the factors upon which customers will base buying decisions. A company that does not give proper priority to its ethical stance on important matters will suffer in the marketplace, so selecting the best type of ethics and compliance training may be one of the most important decisions a company can make. Public Perception and Advertising Marketing and public relations will look to leverage ethical business practice as a major component in publicity and advertising. Plastic-free packaging, minimal waste and humane farming are not
Just about any CEO will say that their business has a strong commitment to operating with integrity. While the commitment to being ethical may be true, it is often the practice of enforcing an ethical code of conduct that becomes the issue. The board and the top tier of management may put guidelines or policies in place to ensure that the workforce is staying on the ethical path, but all of the guidelines in the world won’t matter if no one inside the organization is enforcing them.
Most businesses consider a strong commitment to performing with integrity a "must have." However, some struggle to put it into practice when compliance is left purely to the compliance professionals. A company-wide culture of integrity, not just on a corporate level, but also on a social and environmental level, begins with the board and the CEO, and cascades down through an organization to its most junior employees.
According to a recent Deloitte study, 94-per cent of executives and 80-per cent of employees believe that corporate culture is important. Within a workplace culture, employees share assumptions, attitudes, beliefs and values. Companies with a strong culture of compliance perform better, retain staff longer, and elevate their brand every single day. That’s why integrity should be at the heart of your culture and your brand. There are many ways to reinforce integrity in your organization, but training and communication and training are paramount.
As technology evolves, modern workplaces are changing too. The ability for employees to adapt and learn new skills is increasingly critical, particularly for companies operating under challenging regulatory constraints. Firms rely on compliance training providers to ensure that their employees understand the specific rules and requirements around compliance. It’s a good investment! The costs of noncompliance can be staggering. Savvy compliance officers are always looking for ways to optimize their enterprise training programs. Here are four reasons why they might choose one e-learning provider over another. 1.
The first step to preventing harassment in the workplace is knowing how to recognize it when it occurs. This guide will help employees recognize the signs of harassment in the workplace, and understand that harassment is always unacceptable. Let’s start with the basics. Harassment is any unwelcome conduct received in the workplace that is based on race, color, sex, religion, age, national origin, or disability.