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Type Of Industry Business | Ethical Business Compliance |
Type Of Service Provider | Company |
Type Of Service Contract | One-Time |
Service Include | Ethical Audit |
Requirement Type | Corporate |
CDG provides business ethical compliance services in India.Ethical compliance within an organization is done for the benefit of the company and the employees. A well-crafted ethical compliance policy will help you and your employees make day-to-day decisions that advance your business goals without venturing over to the "dark side." The use of ethical standards can both reduce the chances of a workplace lawsuit and help to create a positive work environment. Before establishing your corporate ethical policies, you need to understand both the advantages and disadvantages of ethical compliance in an organization.Every company has a code of conduct that governs the operations in one way, or another. In fact, each company shares its values and rules to gauge the behavior of all employees. Scholars and non-scholars define ethical compliance as due diligence and the promotion of organizational culture, which encourages ethical conduct and commitment to compliance as required by the law.When it comes to corporate ethics, bad news is good news. According to the Ethics Resource Center’s 2009 National Business Ethics Survey, on-the-job misconduct is down, whistle-blowing is up, and ethical organizational cultures are stronger. Despite these trends, there may be no better time for human resource managers to conduct or participate in ethics-related audits.Six Steps to Highly Effective Ethics AuditsThese tips can help companies conduct effective ethics audits:Start with a detailed foundation. An ethics audit is a comparison between actual employee behavior and the guidance for employee behavior provided in policies and procedures. Develop metrics. Ethics audits may not be as black-and-white as financial or operational audits, but they run more smoothly when tangible ethics measures are in placeCreate a cross-functional team. Include an HR professional familiar with people in the business unit being audited. Audit efficiently. Audits frequently disrupt normal operations in business areas subjected to review. Before scheduling an audit, find out if internal auditors or the finance team may be conducting reviews of the same area. Look for other issues. Keep an eye out for other improvement opportunities, and share those with relevant colleagues.Respond consistently and communicate. Discipline ethics violations in complete accord with policies and procedures and the code of conduct every time. Also, use ethics issues, when possible, as grist for "lessons learned" in ethics-related communications and training.Advantage Society's laws put into writing our collective understanding of right and wrong, and clearly define behaviors that are considered unacceptable. Local, state and federal laws help to guide part of a company’s ethical policies. At the very minimum, policies should embrace adherence to applicable laws. But most policies go beyond the minimum legal requirements.For example, a zero tolerance corporate policy for sexual harassment is in response to the many laws that govern this kind of workplace activity. Your policy communicates to employees that sexual discrimination and harassment is unacceptable at all levels. Ethical compliance helps companies to develop a work culture that abides by the workplace laws and reduces the costs associated with fines and lawsuits.
Disadvantage
One of the disadvantages of an ethical compliance program is that it requires the comprehensive support of management to be effective. If members of the management team decide to apply their own version of corporate ethics to the way they manage their departments, then this clash of principles can cause confusion in the workplace.
Type Of Industry Business | Ethical Business Compliance |
Type Of Service Provider | Company |
Type Of Service Contract | One-Time |
Service Include | Ethical Audit |
Requirement Type | Corporate |
Minimum Order Quantity | 1 |
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