Mention corporate names such as, Enron, Worldcom, Adelphia, and Tyco and immediately it brings to mind the increases in unethical business behavior. The growing disgust and the resulting miasma has become a global Pandora's Box. What exactly are the reasons behind the rise in corporate unethical behavior, and what, if anything, is being done to clean up their behavior? As one of the authors of The Ethical Enterprise, A Global study of Business Ethics, I would like to share the findings with you.
According to the study, the number 1 answer from the 1,100 respondents to the question, Factors Most Likely to Cause People to Compromise Ethical Standards was Pressure to meet unrealistic business objectives/deadlines. Considering that marketplace competition was cited as a major business driver of ethics today and the respondents believe, according to the American Management Association/Human Resource Institute 2005 study, to remain a major driver 10 years into the future in addition to the desire to further one’s career and protect one’s livelihood, what can companies do now to protect themselves from future scandals?
Answers to these questions, and more, are addressed throughout the study. Areas where organizations can draw the line of first defense are found in their ability to make transparent current business cultures, Leadership support and modeling ethical behavior, training programs (through a Train-the-Trainer Certification Program where individual accountability and a responsibility is tied to promotional opportunities, bonuses/incentives, retention, future assignments and departments which includes new-hires straight up to the C-Levels and into the Board of Director), the development of an Ombudsman Program with 24/7 anonymous hotline, an enforceable Code of Conduct and ethic audits addressing technology, Corporate Social Responsibility Program are just to name a few.
>Discusses what’s driving business ethics today
>Describes today’s state-of-the-art business ethics practices
>Forecasts what will drive business ethics over the next 10 years
>Discusses what the best-in-class practices may look like in the year 2015
>Provides a summary of the Business Ethics Survey 2005 results.
I believe, as one of the authors of, The Ethical Enterprise,: A Global study of Business Ethics 2005, the information, insights, and enlightenment you will provide to your readers will be of immense and timely value. In troubled times, people look for truth and answers. Let’s give them what they seek!
Please feel free to contact me for a copy of the survey, or any questions you may have.
Thank-you for your time.
The Human Resource Institute
President, The Healthy Business Doctor: Proactive Business, Leadership & Coaching Solutions