In the recently released Ethics and Compliance Initiative (ECI), 2018 Global Business survey, the study found that even the minimum standard of E&C implementation produces very encouraging results. Without question, they established that ethical behaviors in an organization impact the bottom line. They also found that adhering to any of the 15 operational standards of… [Read More]
Ka – ching! Ethics Increases the ROI!
The Ethics & Compliance Initiative (ECI), the oldest ethics research and best practice community in the US, recently released the second installment of the 2018 Global Business Ethics Survey (GBES). The report’s findings focus on the impact that an ethics and compliance (E&C) program has in the workplace, and the return on investment (ROI) for program… [Read More]
Real News- Ethics and Eloquence!
Just this last week in Dallas, 1,200 members of the National Speakers Association, professional speakers from all over the globe, attended Influence 2018, the premiere conference for professional communicators in our industry. I was honored to attend this powerful hands-on conference that gave us state of the art expertise in business trends that in turn… [Read More]
Bank Reputations are Falling: Wonder Why?
In October 2010, a Gallup study revealed that Americans’ trust in banks had fallen to an all-time low of 18% — lower than its level at the height of the global financial collapse. In 2011, 86% of opinions shared on social media about U.S. (and European) banks were negative. That same year, Market Watch named Wells Fargo… [Read More]
The DOJ report: Another Political Hot Potato?
The Justice Department’s report on the FBI’s handling of the Clinton email scandal and other actions in advance of the 2016 election is already a political hot potato. The report has President Trump supporters saying “Told ya so” and the general public questioning how the DOJ and the FBI runs its departments. And rightfully so…. [Read More]
The 2018 Greater Dallas Business Ethics Award: More Than Expected!
The North Texas Ethics Association (NTEA) has honored more than 40 local companies with the Greater Dallas Business Ethics Award (GDBEA) since its beginning in 2000. As the website says of the award: “These companies exemplify how ethics can be consciously integrated throughout an entire business.” Indeed, past winners are our community’s luminaries. Two years… [Read More]
WLIW and WNET PBS Champion Playing By the Rules: Ethics At Work
Ethics is essentially doing the right thing regardless of other’s expectations. Doesn’t seem real complicated or difficult. You’d think that doing the right thing is something we would all instinctively do, yet given the magnitude of individuals and companies who so often do not “do the right thing,” teaching ethics, expecting ethical behaviors and applauding… [Read More]
The European Union Whistleblowing Legislation is a Game Changer
The European Commission (EC) is proposing a new law to strengthen whistleblower protection across the EU. The changes are mighty and may well set a precedent for the United States to follow. Věra Jourová, EC Commissioner for Justice, Consumers and Gender Equality explained: “The new whistleblowers’ protection rules will be a game changer. In the globalized world where… [Read More]
Starbucks’ $16 Million Mistake – A Painful & Expensive Lesson!
Recent headlines blasted “Starbucks to Close 8,000 U.S. Stores for Racial-Bias Training After Arrests.” Starbucks executives’ response to the recent arrests in a Philadelphia café are unprecedented. Starbucks is known as a strong company with a concern for its employees and a socially responsible agenda in its community. It has a reputation for excellent customer service…. [Read More]
What do Lehman Brothers, Enron, and Citigroup Have in Common?
What did WorldCom, Lehman Brothers, Bear Stearns, Washington Mutual, Enron, Tyco, HealthSouth, AIG, and many other well known companies have in common? In the last decade-and-a-half, we have seen some of the biggest accounting scandals in history. This last week, I had the privilege of speaking to the Texas Association of College and University Auditors,… [Read More]
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