Welcome Back! I've made it super easy for you to understand what the end goal is for an effective ethics and compliance program. As a Compliance Professional, your job in addition to mitigating risk is to ensure what you are doing is effective. You can't lead ethics and compliance in a silo. You need to be connected and engaged in the business to be an effective compliance partner. So, what does effective look like. Here are the key elements you should strive for in your company's culture!
Freedom to question management without fear;
Rewards for following ethics standards;
Not rewarding questionable practices, even if they produce good results for the company;
Positive feedback for ethical conduct;
Employee preparedness to address misconduct; and
Employees’ willingness to seek ethics advice.
Stay tuned as we dive deeper into each of these topics in upcoming posts.
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