By Donna Kennedy-Glans
How reliable businesses construct a tradition of integrityIn the current atmosphere of company governance attributable to high-profile govt scandals, this booklet makes a robust case for encouraging enterprise leaders to control past compliance. reaching the naked minimal of compliance is not adequate. by means of making company accountability and integrity a strategic priority-rather than anything businesses are compelled to conform with-companies can discover tangible monetary returns and merits. This e-book presents sensible recommendation, potent instruments, and time-tested top practices for imminent company integrity strategically and dealing with an integrity software on a daily basis.There is a growing to be awareness that compliance with the foundations is simply a minimal common of functionality, and an expanding call for from stakeholders at each point — shareholders, staff, shoppers alongside the total offer chain, shoppers, advocacy teams, and the area people at huge — for extra transparency and responsibility from corporations.But such a lot companies have little event and few instruments to accommodate the pressing call for to extend company accountability. company Integrity offers functional instruments and confirmed techniques to control complicated integrity dilemmas and aid implementation:Explains the right way to create a tradition of integrity on your association and the way to inspire definitely the right company behaviors.Coverage contains: find out how to examine and degree integrity; the best way to align company integrity commitments and activities; how you can layout and enforce liable and strategic company responsibility platforms and tactics; how you can increase company integrity criteria and document on them, and masses more.Includes a wealth of useful company instruments and most sensible practices that readers can observe to enhance the extent of company integrity of their personal company.Features 3 targeted case reports and diverse different examples that illustrate company integrity dilemmas and options in action.Shows how handling company accountability strategically and proactively can transcend a trifling public family members workout to foster a company "win" within the court docket of renowned opinion and within the marketplace.Bridges the gaps among businesses, governments, staff, curiosity teams, and consumers.Offers instruments and suggestions that practice to either for-profit enterprises and non-profit corporations.
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Extra info for Corporate Integrity: A Toolkit for Managing Beyond Compliance
What is a corporation’s feasible and preferred response to human rights violations by host governments or host communities? Should corporations invest in a project where economic benefits of investment are not shared equitably? What if the corporate investment contributes to power imbalances? For corporations operating in several jurisdictions, boundary questions are even more challenging. For example, how do multinational corporations with ties and allegiances to multiple geographical and political jurisdictions determine roles and corresponding business integrity commitments?
Philosophy/Culture: JKL uses a balanced scorecard to recognize the different stakeholder groups of shareholders, customers, employees, and society. Even within the same vision, mission and value statements, and guidelines, internal and external corporate stakeholders can have very different perspectives on the corporation’s roles and responsibilities. For example, some corporate stakeholders look to corporations for longerterm performance—local communities where projects are situated are a good example of a stakeholder group that expects long-term corporate Frontier 2 39 engagement.
A business culture of integrity is needed to address the complexity of modern corporate issues. A culture of corporate integrity will naturally foster individual employee compliance. Some corporate leaders recognize that compliance is a minimum standard of corporate performance that may fail to respond to their key stakeholders’ legitimate expectations. For example, an automotive manufacturing plant may proactively and voluntarily adopt global health, safety, and environmental standards that extend beyond compliance with less onerous local regulations.
Corporate Integrity: A Toolkit for Managing Beyond Compliance by Donna Kennedy-Glans