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Section 3

Demonstrating Value

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Make the most of the boardroom

Learn how to prove and communicate the value of your program while becoming a strategic partner to the C-suite and your Board. 

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The value of your compliance program is demonstrated with a mixture of art and science. Hard data and evidence-based information is your scientific proof, while more abstract observations of attitudes and behaviors make up the art of your compliance program. Together the art and science of your work tells its story of effectiveness. 

This section will give your the guidance to best tell your compliance program’s story of effectiveness through best practices in program assessment and benchmarking. It will give you the tools you need to package the raw data of your work into a compelling presentation to your CEO, board and senior management. And it will provide expert advice to help guide you through nurturing key relationships across your organization to showcase the value of your program even when it’s not in the spotlight. 

How to Determine the Value of Your E&C Program

Everyone is looking for a powerful competitive advantage.  A successful ethics and compliance program supports integrity in business operations and fosters a reputation for conducting business the right way. Learn more about the value customers, and business partners alike, place on conducting business with ethical organizations.

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It is fascinating that the world's most ethical companies have continued to out-perform the S&P 500 since 2007. It proves that having a strong ethics and compliance culture truly creates an environment where employees thrive, thus resulting in the business thriving, and not just surviving.

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28 Mar, 2017 2:02PM bhostetler

Another important thing to note is that while establishing a strong E & C culture may seem to be cost a lot of time and money in the short run, it will pay off in the long run. Often it seems that companies that aren't ethical are able to attract employees with high pay and customers with low costs. However, over time a weak E & C culture will push customers and employees away. They will see that a high salary or a low priced good are not worth it if they have to deal with bad ethics. Establishing a strong ethical culture may not seem easy at the start, but it is something every company can do.

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28 Mar, 2017 9:13AM mowillis