That's right. A 'Webster's' version if you will A few years ago, Ernst & Young's Fraud Investigation and Dispute Services Practice collaborated with the FBI using specialist software to identify more than 3,000 phrases and terms in emails.
Don't retaliate, do reward, do investigate... Thanks for reading! Okay so we'll expand on that a little bit more. We came across an article that referenced a group of researchers that set out to isolate actionable factors that contributed to an ethical organization. It's a pretty broad spectrum to classify. Many would think an ethical organization is made from ethical leadership, how they serve the environment, or what their mission and vision is. But this research team came up with three measurable factors that any organization an use to improve their ethics.
Does your company need a Code of Ethics? Yes, it does! The purpose of a code of ethics is to establish a set of standards, guide decision-making, enhance reputation, encourage accountability, foster a positive work environment, provide a basis for enforcement, and promote continuous improvement in ethical behavior. Code of Ethics vs. Code of Conduct: What's the Difference? It's your rule book if you will. Groups such as national medical associations adopt Codes of Ethics that govern members in individual practices across many places of employment. In contrast, individual businesses may adopt more specific codes of ethics to ensure integrity within the company. Table of Content Hot to Create a Code of Ethics for a Business? Why is a Code of Ethics Important in Business?
1905 called and they want their 'legal speak' back It's time to put a stop to all that legal mumbo jumbo and 18th century 'speak'. It's time to 'time-travel' our policies, codes, procedures, and other legal documents on over to 2016. In an article for the Association of Corporate Counsel's website, startup lawyer Olga Mack compares many of today's legalese sounding documents with purging outdated clothing from our closets. Yes! Finally! (we did a little fist pump) We've been emphasizing this very topic - write so your employees can actually understand what they are reading. Don't write to make your employees eyes cross and have them keel over from boredom.
Should you consider an internal, or external ethics reporting system? If you are considering implementing a whistleblower hotline, there's much to take into account regarding features and benefits of an outsourced program compared to an internal system. Things to think about are budget, resources, and implementation plan, training and report review, response and analytics. What policies and codes need to be developed to support the system? What types of reporting do you need? How do you measure success? And of course, how important is an anti-retaliation policy?
Ethics 101 Communicating and training employees on your ethics policy is vital to the success of your organization. Many organizations have a policy in place but have not communicated it fully to achieve its optimum success. You’ve taken the time to put a policy in place in order to promote your organization as a responsible employer who values its employees and you want to protect them and your business. But if your employees don’t know about the program, how can it be effective? So what's the best way to train your employees on ethics? According to the Chief Audit Executive at the Campbell Soup Company, it all depends. A company’s ethics program depends entirely on the company.