Are You Considering Implementing a Whistleblower Hotline? There's much to take into account regarding features and benefits of an ethics hotline. Today's environment has fraud, negligence, abuse of power, and more very prevalent, or so it seems.
Why do some good employees commit fraud? We've seen in the ACFE's Report to the Nations findings that the higher the perpetrator's level of authority, the greater the fraud losses tend to be. It goes to say that many white collar crimes aren't committed by 'hardened criminals', but instead these crimes are being committed by people who are under severe pressure from management or shareholders.
Considering Revamping Your Code of Conduct? Or Maybe You're Creating One From Scratch? Here's a Few Things You Should Take Into Account. When an organization is about to implement an anti-corruption compliance program, a Code of Conduct is often times that platform upon which that effective program is built. Of course, you don't want that platform to break and have everything come crashing down. So it's important to ensure that a Code of Conduct is clear, concise, and accessible to all employees, and those doing business on the organization's behalf.
Governments Need to Ensure Proactive Ethical Reporting Measures Are in Place Just Like Any Organization As the world has heard by now, Canada was rocked by two unique, and tragic, events. Last week a soldier was killed in a parking lot hit-and-run in what authorities say was linked to terrorist activity. And of course, just a day ago, Cpl. Nathan Cirillo was shot while standing guard at Ottawa's National War Memorial, just a few dozen metres from Parliament Hill, in another attack linked terrorist activity, prompting the Prime Minister to cancel Malala Yousafzai's (Nobel winner) citizenship ceremony.
Are you 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. You've got to think about budget, resources, an implementation plan, training and report review, response and analytics. There's a lot to consider when getting ready to launch a whistleblower system. 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?