Given all of these disparate groups, efforts for an entire company to act responsibly become disjointed. There are many other issues which can be named, for example, the environment, privacy, competitive business practices, communication technology and information management. According to our survey respondents, those above are the most important. These emerging issues raise a number of challenging questions for leaders trying to create and sustain responsible, ethical businesses. Defining Benchmarks and Best Practices.
Profitability is essential to business success.
Building Ethical Business Cultures. As one begins to look at a business in terms of building an ethical business culture , questions emerge for each of the business silos. The recruitment and retention of a diverse workforce is a critical business concern. What are the key elements in creating a corporate culture that genuinely welcomes the contributions of all its employees In the area of ethics, training that goes well beyond familiarity with the corporate code of conduct is becoming essential. If your training program doesn't stress the fact that you can't rely just on the code of business conduct to answer all your questions, then that program will run into trouble.