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Designing an Effective Ethics and Compliance Program: Unit 1
A leader must know how to plan, execute, and control.
How can you plan and execute effectively and at the same time reduce unpleasant risks and surprises?
The answer is to build an ethics and compliance strategy.
Compliance programs consist of a set of actions, initiatives, and internal processes carried out by organizations to promote, supervise, and control ethical conduct and compliance with laws and policies and to detect and correct irregularities and unlawful acts.
A compliance program helps to deal with a constantly changing environment and to overcome obstacles that block the way to achieving business goals.
Companies design these programs to prevent risks.
In 1572, Prince ...