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Posts Tagged ‘business ethics’

Wow! What a difference an effective ethics and compliance program makes! According to ERC’s ‘The State of Ethics in Large Companies‘ report, “large companies with effective programs face half of the rules violations as those without effective programs.” And “87% who observe violations at large companies with effective programs report those violations for action by higher ups, compared to just 32% who report wrongdoing when programs are lacking.”

MYECCHO makes getting an Ethics Hotline affordable for smaller companies too!

Here’s a look at 2014 reporting stats culled from our client and industry Ethics Hotlines:
~1 report per 100 employees
~3/4 of reports are HR related
~3/5 of reports are anonymous
~2/5 of reports result in substantial action
~1 month closure time for reports

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In Strong Ethical Cultures…

Management and supervisors:
*Communicate ethics as a priority
*Set a good example of ethical conduct
*Keep commitments
*Provide information about what is going on
*Support following organizational standards

Coworkers:
*Consider ethics in making decisions
*Talk about ethics in the work we do
*Set a good example of ethical conduct
*Support following organizational standards

source: Eighth National Business Ethics Survey (NBES)

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acts-of-kindness-checklist
Get a head-start on The Great Kindness Challenge
– modified for the workplace:
1. Smile at 25 people.
2. Pick up trash in your workplace.
3. Make a new friend.
4. Learn to say ‘thank you’ in a new language. (Or hello.)
5. Recycle your trash.
6. Walk or bike to work instead of driving.
7. Say ‘good morning’ to 5 people.
8. Hold the door open for someone.
9. Compliment 5 people.
10. Create your own kind deed.

More at greatkindnesschallenge.org.

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This article in Food Safety Magazine examines the widespread fraud that prevailed at the Atlanta Public School system. Probing the likely causes, Geogg Schaadt goes beyond the Fraud Triangle, and hones in on the detrimental culture. The point is not that the Fraud Triangle is “wrong” – but it can require further evaluation. Developed by criminologist Dr. Donald Cressey, the Fraud Triangle is a model for explaining factors that cause someone to commit occupational fraud. This article in Forbes even explains Bernard Madoff’s Ponzi scheme in terms of the Fraud Triangle. Fraud Magazine starts with the Fraud Triangle framework but provides extensions and their benefits to the 3 sides of Perceived Pressure, Perceived Opportunity, and Rationalization.

credit: Fraud Magazine

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1. They use their strengths every day
2. Feel that they are an important part of their organization’s future
3. Are surrounded by colleagues who care about their overall well-being
4. Are excited about the future because of a leader’s enthusiasm and vision

Source: http://www.nytimes.com/2013/05/26/jobs/honing-the-job-you-have-into-one-you-love.html

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1. Smile and greet your coworkers.
2. Show genuine interest in coworkers’ lives/interests.
3. Ask for coworkers’ opinion; then sincerely say thank you.
4. Avoid gossip.
5. Keep a cool head.
6. Recognize/compliment coworkers’ achievements.
7. Show kindness to coworkers.
8. Return calls and e-mails promptly.
9. Give credit where credit is due.
10. Work at least as hard as anyone working with or for you.
11. Be on time to show your respect of coworkers’ time.
12. Express ideas in a way that make it clear that coworkers’ may have equally good insights.
13. Assume the positive about what you don’t know.

source: Reader’s Digest

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Happy Holidays from Ethically Managed/MYECCHO

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