Communication – both verbal and nonverbal – is critical to developing an ethical business culture. Organization leaders should not only be committed to the company values, they must also lead by example.
An Interview with Dick Coffey, Chairman of Consortio Group, and Recipient of the 2017 Better Business Bureau Integrity AwardBy Sam…Learn More
Technology can be an ally in promoting your company’s values. Technology continues to transform every industry and every size of…Learn More
Businesses can take a few simple steps to create an environment where employees feel more comfortable raising critical ethics concerns. Every businessperson would like to believe that their employees would readily approach them with any ethics concerns in the workplace. But the reality is that many ethics concerns go unreported until it’s too late. To flag ethics concerns early, here are a few specific steps that businesses can take to ensure that employees feel safe coming forward with issues or concerns. 1. Emphasize having a “speak up” culture Many problems can be avoided if employees are encouraged to bring concerns…Learn More
Compliance and ethics. Compliance and ethics? Compliance AND ethics! Those three words are said very differently depending on who you work for and what topic you're discussing. In the financial services industry, the focus has been on Compliance with a capital "C." In the 10 years since the financial crisis, regulators have enacted sweeping changes to promote financial stability. This not only affected how financial institutions are regulated, it also changed how they approach compliance and ethics. The most successful programs strike a balance to help employees consider rules and values to make the right choices. Intent and impact As…Learn More
Social media is a powerful marketing tool, but think before you act. Social media is a powerful tool for reaching audiences directly. Over the past decade, businesses have established accounts on all of the major social media platforms, from Twitter and LinkedIn to Facebook and Instagram. Businesses have joined the conversations consumers are having about their brands, and while this exposure has been a net benefit for many, those that jumped in head-first without concerns for ethical practices found themselves embroiled in controversy and crisis. As you navigate the continuing evolution of social media tools, here are five principles to…Learn More