Ethics Risk Management
“If you can’t measure it, you can’t manage it” — Peter Drucker
Most organizations don’t know the extent their corporate culture:
- generates unacceptably high risks of unethical or illegal conduct
- hinders or supports performance or the implementation of their strategies.
- wastes resources through ineffective integration of teams, divisions, or acquired companies, generating frustration that can lead to undesired behavior.
Culture Matters
- According to a leading national survey “ethics risk is most effectively reduced by an enterprise-wide cultural approach to ethics.”
- For boards to meet heightened oversight expectations, directors need access to diagnostic tools that can determine the ethical risks inherent in the culture and whether management has the ability to achieve stated strategic objectives.
- In mergers and acquisitions there is a dramatic correlation between the effectiveness with which culture issues are managed and the combined company's long-term business results - based on revenues, profitability, and stock price.
Is Your Culture Creating Too Much Risk?
Skout’s approaches and tools provide an objective, quantitative, and therefore actionable view of an organization’s culture. These culture metrics make possible better decision-making and provide early warning of areas requiring intervention to prevent friction and frustration that can lead to ethics gaps and performance issues.
LATEST ARTICLES
Skout Culture Assessment partner Barrett Values Centre discusses cost of negative values
How to Create a Corporate Culture That Works: Employees, Ethics, and Your Company's Success
A Stimulus Reality Check: Skout Group President David Gebler's Op Ed in the Boston Business Journal
News & Events
David Gebler will be presenting at the ECOA's "Building and Benefiting from an Ethical Organizational Culture" conference in Minneapolis in June.
Practising Law Institute's 2010 update of the "The Corporate Compliance Answer Book" by Holland & Knight features a chapter on Assessing and Managing an Ethical Culture written by David Gebler.
Skout is filling seats for its next Management Drives and CTT Certification training courses. Contact David Gebler for more information.
In June 2010 David Gebler will be leading a session on Ethical Culture at the Managing Ethics in Organizations program sponsored by the ECOA and the Bentley College Center for Business Ethics.
Skout Group President David Gebler is the host of the Business Ethics Blog as part of the Free Management Library. Since 1995, the Free Management Library has provided one of the world’s largest collections of well-organized, free resources about personal, professional and organizational development. Visit and contribute to the discussion at http://managementhelp.org/blogs/business-ethics/
Culture Risk Assessments