Does your company have a toothless Code of Conduct?
Many companies have a Code of Conduct with good wording on ethics and compliance. However, not all companies are good at implementing and enforcing their code. To keep it alive and to add teeth, the code requires structural implementation.
Why does your company need a Code of Conduct?
In the beginning of the 1990’s almost no company had a Code of Conduct. Companies that had a Code of Conduct would actually have to explain to the outside world why they needed this document. Nowadays, more than 85% of bigger companies have a Code of Conduct and companies that don’t have a code need to explain why they don’t have it. …
A Code of Conduct is an excellent tool to provide employees clarity on ethical and compliance requirements. However, the tool works well only if it is properly implemented. Moreover, experience shows that a well written but badly implemented code may have a negative effect on compliance within the company.
http://blog.kpmg.ch/advisory/does-your-company-have-a-paper-tiger-code-of-conduct-3/?goback=%2Egde_1776046_member_267524967#%21 retrieved Aug 21, 2013
We can help you craft your Mission Statement, develop your Core Values, set out Responsibilities and guide you through Standards and Procedures as you compose your own Code of Conduct.
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