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Inside Internal Controls

News and discussion on implementing risk management

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ethics

How do you manage culture?

psychological safety

There are many aspects or dimensions to culture, just as there are many dimensions to the behavior you want it to drive. They may include:

 

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Ethics and business conduct

The ethical standards of a company are driven from the top. The ethics policy should be recommended by the president, ratified by the board and rolled out to the company with appropriate explanations and training. Implementing and consistently following a top-down ethics policy—with input from all levels—will help employees, customers, stakeholders and others who interact with the company to understand and relate to the company’s intentions.

 

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