Tagged: ethical culture

Business Ethics as an Effective Control

Integrity has no need of rules. – Albert Camus Corporate decision-making ignores important principles and sometimes, common sense. With the increase in corporate compliance programs, corporate boards and senior executives need to take a moment to address one important issue – the importance of creating an ethical culture. For some reason, corporate boards and leaders like to focus on the tangible aspects of ethics and...

Ethics and Simplicity

Groucho Marx was (and is) my hero. No one else had a sharper wit.   One of my favorite scenes was in Duck Soup when Groucho conducts a meeting as the President of Fredonia. Here is the clip. In particular, when Groucho is given a report and looks through it and says, “Why, even a four-year-old child could understand this report.” He then flips the report...

Masters of Disaster Podcast — Michael Volkov — Ethics Makes Good Business Sense

I am excited to support Leona Lewis, a compliance consultant, who has launched a new podcast — Masters of Disaster, in which she interviews professionals in the fields of risk, ethics and compliance. I was happy to be interviewed by Leona several weeks ago.  The podcast is available here.  My interview focuses on the importance of ethics and creating an ethical culture. Leona is a...

Promoting Your Culture: Communications and Measurement

As everyone knows, I am an advocate for promoting and maintaining a company’s culture of ethics and compliance (not compliance and ethics). The best investment a company can make is to create and maintain a positive commitment to an ethical culture. I often repeat myself (just ask my wife and kids), but a culture of ethics is far more important than well-designed and effective policies...