Codes of Conduct are, by their very nature, quite different. An effective Code (note, I didn’t say a ‘good’ Code) meets the needs of the organization – its geographic footprint, industry, risks appropriate to that industry, employee demographics, and culture, history and mission. Codes clearly point out expected behaviors and really demonstrate to employees as well as external stakeholders of all types an organization’s commitment to integrity. Effective Codes not only communicate these behaviors but serve as a resource, a go-to place when questions about behavior arise.
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June 13, 2013 - 12:00am • Simmi Singh Corcoran
June 11, 2013 - 12:00am • Randy Stephens
Since Rana Plaza garment factory collapsed in Bangladesh in April, killing 1,100 workers, many retailers have taken a closer look at the working conditions in their third party suppliers’ factories. European retailers like H&M, Tesco and the Australian arms of K-Mart and Target have signed the Accord on Fire and Building Safety in Bangladesh. But for the most part, U.S. retailers have not. Why not?
June 5, 2013 - 12:00am • Simmi Singh Corcoran
In a recent webinar (listen here), Randy Stephens , VP of our Ethical Leadership Group, and Mike Vermilion, Senior Director of Third Party Risk Solutions, outlined a best practice approach to risk-adjusted due diligence for third party relationships.
May 30, 2013 - 12:00am • Randy Stephens
Today’s Ethics Resource Center (ERC) Fellows Program Survey, Encouraging Employee Reporting through Procedural Justice, noted the effects procedural justice can have on employee support for a hotline/helpline. Some of the results are a bit surprising. The top five conclusions from the Survey were:
May 28, 2013 - 12:00am • Shanti Atkins
Though sexual harassment is one of the most common forms of workplace discrimination, the trends employers are seeing in harassment claims are anything but typical. To stay ahead of the curve, employers need to keep themselves up-to-date on the four latest workplace trends impacting harassment claims: 1. Technology Innovations
May 23, 2013 - 12:00am • Simmi Singh Corcoran
It does sound a little bizarre when the myriad legal and reputational risks are considered, but compliance, ethics, legal and HR professionals must cover all mandated and company-specific training in a very limited number of hours each year. In fact, a study of NAVEX Global customers last year revealed that the vast majority have only 4 to 6 hours each year to cover a wide range of topics including code of conduct, anti-corruption, harassment, discrimination, respect in the workplace, privacy, information security … and on and on.
May 20, 2013 - 12:00am • Shanti Atkins
Trying to avoid the unusually strict import controls in Argentina and facilitate faster clearance of its products through customs, a subsidiary of Ralph Lauren Corp. was found to have bribed local officials between 2005 and 2009. Following the news of the FCPA violations, Ralph Lauren will pay in excess of $1.6 million as part of two non-prosecution agreements with the DOJ and SEC, but will not face criminal charges. How did the company avoid prosecution, along with a more jaw dropping fine that is typical in these kinds of cases?
April 4, 2013 - 12:00am • Simmi Singh Corcoran
How Are Your Business Habits Changing? During the past few years, there has continued to be a shift in the amount of attention companies are putting towards corruption concerns and anti-corruption programs. This is evident in the recent survey of 311 compliance professionals, conducted on behalf of Dow Jones Risk & Compliance.
March 28, 2013 - 12:00am • Shanti Atkins
Yesterday, we held the second NAVEX Global Online Ethics & Compliance Conference, one of the most comprehensive and best-attended industry events of 2013. We welcomed almost 2000 session participants to learn more about pressing ethics & compliance issues. Sessions will be accessible from our web site in a few days’ time, but we wanted to outline one of our general sessions that had great interest and attendance – “Ignorance is Not Bliss: What You Don’t Know about Third Parties and Agents Can Hurt You.”
March 21, 2013 - 12:00am • Simmi Singh Corcoran
Policy management seemed to be top of mind this past month as Compliance Week released two articles highlighting the importance of an effective policy management process, including the expertise of Ingrid Fredeen, NAVEX Global’s Ethical Leadership Group™ vice president.