Attributes of a Great Ethics and Compliance Leader

The best E&C leaders foster an ethical culture in their organizations, but they also realize that tone in the middle is just as important as tone at the top – if not more so. The importance of middle managers in ethics and compliance cannot be underestimated. Pair a finger on the pulse of the company with an inspirational leadership ...


Keep Managers’ C&E Duties Top of Mind to Improve Compliance

Managers’ C&E duties are generally one of the first topics covered in a code of conduct, but the discussion shouldn’t end at the program’s introduction. Managers’ C&E duties must be reinforced continually through communications, training and evaluations. Do your managers have a handle on their compliance- and ethics-related duties?

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Blackstone Group: Riddle of Ethical Dilemmas

Ethics and success aren't mutually exclusive terms. We know this, and yet firms still cut corners. We've become so accustomed to the misbehavior of financial services firms we're no longer shocked by it; their misconduct has become routine. Expected even. James Bone discusses the dilemma of mitigating conduct risk when it feels good to be ...


10 Questions Every Leader Needs to Ask

The responsibility for cultivating and maintaining a culture of ethics rests squarely at the top of the org chart. Given that executives set the tone for doing business ethically, perhaps we should be talking more about HOW leaders can foster ethical business practices. Frank Bucaro jump-starts the conversation ...


Let’s Outlaw Mistletoe

One bad apple spoils the bunch, they say. In business, one bad apple can spoil company policy, with rules springing up that are meant to limit specific wrongdoing but that unnecessarily impinge on the freedoms of everyone. Not a great tactic, since those intent on cheating will always find a way and your best employees don't want to be ...


The 5 Key Ingredients to a Culture of Ethics

Organizations that don’t intentionally foster and maintain a culture of ethics to so to their detriment. The company’s opportunities are limited, its employees’ loyalty may be diminished and – sooner or later – the bottom line is negatively impacted. So if a culture of ethics is your aim, make sure you have these five factors in hand.


Why You Need to Operationalize Your Business Ethics

Most organizations espouse ethical practices, but it's the rare few that operationalize their ethical standards, weaving them into the very fabric of the organization so that their core values are reflected in all of their practices, from hiring and performance reviews to rewards and recognition and firings. Walking out these values doesn't happen by chance.


The GM Criminal Settlement — Disappointing

Late last week the DOJ announced that GM will pay $900 million to settle criminal charges related to flawed ignition switches that have killed more than 100. No individuals have been indicted, which is shocking given that the company had knowledge of -- and covered up -- this issue for years. The DOJ has fallen woefully short of its ...


Promoting Your Culture: Communications and Measurement

The most beautifully written policies and procedures are worth little more than the paper they're printed on if ethics isn't woven into the fabric of an organization's corporate culture. Ethics must be promoted from the C-Suite, with the CCO and CEO proactively communicating the importance of doing business ethically, as well as identifying and closing ethics gaps to ...


Reflections on a Failure of Leadership

Strong leaders don't just know the right thing to do, they want to do it and then make it happen. Jim Nortz shares an experience in which he saw need for drastic, immediate change, pulled the necessary stakeholders together to devise a strategy, and then watched as the would-be plan fizzled and died. There were multiple failures ...

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