Maintaining Business Integrity: Compliance and Ethics Strategies that Create Corporate Sustainability
In maintaining compliance and business ethics, a number of
steps and aspects need to be considered to ensure company integrity. One of the
main things is the establishment and implementation of a clear business ethics
policy. This includes assessing and emphasizing behavior that is in accordance
with the company's ethical values and compliance with applicable legal norms.
The best way to ensure business compliance and ethics is to
establish a Business Compliance and Ethics division. This division is
responsible for monitoring and assessing the company's compliance with
regulations and ethical guidelines. They may also provide business ethics
training to employees to ensure a good understanding of expected standards of
behavior.
In addition, this division also has a key role in
investigating and handling ethical or legal violations that may occur. A secure
and confidential reporting process can be implemented to encourage employees to
report potential violations without fear of repression.
In seeking qualified prospective employees to work in the
Compliance and Business Ethics division, some important criteria include
expertise in business law, a strong understanding of ethics, and the ability to
communicate clearly and effectively. Analytical ability, accuracy and personal
integrity are also determining factors.
Appropriate majors or programs of study to prepare
individuals for Business Compliance and Ethics careers include Business Law,
Business Ethics, Business Management, or Legal and Compliance Studies. An
education in this field provides a deep understanding of business law and
ethics, preparing individuals to face the complex challenges of maintaining
corporate compliance and integrity. That way, companies can build a business
culture that is in line with ethical values and ensure the company's
sustainability in the long term.
[20231220-eg11/13]
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