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N2Growth recognizes that a leadership role dedicated to compliance is fundamental to success in any high-performing organization. This vital executive safeguards corporate integrity, ensuring alignment with evolving regulations and fostering a culture devoted to ethical conduct.
Corporate complianceofficers already know that violation of anti-retaliation statues is an unjustifiable risk. The magnitude of this significant problem is outlined in ECI’s Global Business Ethics Survey. Even worse, employees typically don’t report retaliation via internal hotlines.
It’s hard for good, ethical people to imagine how these meltdowns could possibly happen. many of us face an endless stream of ethical dilemmas at work. We were surprised that 30 leaders in the study recalled a total of 87 “major” ethical dilemmas from their career histories. Wells Fargo. Volkswagen.
Business needs to play a more powerful role in supporting responsible practices throughout every aspect of their operations. Companies usually manage bribery and corruption risk through a mix of internal processes, certification requirements, and basic good practices throughout their operations — including with suppliers and vendors.
While the position is anchored in ensuring that day-to-day operations adhere to relevant laws and regulations, individuals in this role go beyond enforcing rules. The outcome: organizations are better equipped to pursue growth opportunities without jeopardizing their ethical standards or legal standing.
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