Ethisphere’s Erica Salmon Byrne shares insights with Convercent, into benchmarking best practices, the recent push for compliance from government to start-ups, and how it all impacts culture.
There were a lot of surprising findings in the survey. It’s always interesting to me to get this kind of data from companies about the particular challenges they’re experiencing right now. I use the word data really deliberately because we are seeing an evolution of change, if you will, in company practices. Where they’re really looking for metrics on how to measure their programs.
I’d like to say that compliance is a comparative exercise. I’ve been saying that for years. I think it’s more true now then it ever has been. Where you’re really looking to see if you, as an organization are keeping up with your preferable Jones’. Do I have the kind of program my peer companies have? You can cut peer in a variety of different ways. Whether it be industry peers, size peers, revenue peers, global reach peers. There are so many different ways you can think about who your peer companies are.
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Upcoming event
Many organizations have taken a hyper-cautious, heavy-handed approach to their gifts, travel and entertainment (GT&E) policies to avoid the practice—or perception, even—of corruption. Though done in good faith, this focus is misplaced. Join Convercent at Ethisphere’s 8th Annual Global Ethics Summit (GES) for this interactive roundtable discussion, GES attendees will share and learn the challenges and best practices around GT&E compliance.
