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What are 5 steps for Implementing a Corporate Ethics Policy?

By October 29, 2014 January 21st, 2020 No Comments

Recently, CGMA magazine published an article summarizing five essential steps when implementing an effective corporate ethics policy. Authors, Tanya Barman and Samantha White, attempt to help readers implement an ethics policy, which becomes embedded in the company culture and which avoids a disconnect between company intentions and behaviors.

The 5 essential steps are:

  1. Document Code of Ethics;
  2. Continuous communication and awareness campaigns;
  3. Training and reinforcement;
  4. Develop and “ethical architecture” to support the Code context and culture;
  5. Develop process and structure for monitoring and accountability.

To access the full CGMA article click here; to discuss development of code of ethics, contact Timothy Arter at (231) 726-5820.