“Wisdom is knowing the right path to take…
Integrity is taking it”

Five years ago a culture of corporate integrity would be viewed as “nice to have” but neither essential nor a boardroom priority.
Since then the world has changed and with it people’s attitudes. The breakdowns in trust, not just in individual organisations but sometimes entire business sectors, have been profound and lasting.
Businesses urgently need not just rebuild trust but to take it to another level. Stakeholders, including employees and customers alike, now have much higher expectations of the integrity of their employers and suppliers
Regulators have raised the stakes. These expectations continue to grow as more and more people experience the benefits of dealing with organisations that get integrity right.

• Companies and their stakeholders are increasingly recognising that value in the business and the values of the business are intertwined.
  Although financial performance is still crucial, the drivers of growth are also increasingly coming from non-financial assets and benchmarks.Data shows :- 2015 World’s Most Ethical Companies outperformed Large Cap US companies by 6.6%
  – Companies incentivizing employees who engage in ethical conduct and actively support compliance
  initiatives; has grown from 57% to 66%  in just 2 years (between 2013 and 2015)
  –  74% vs. 58% of senior executives demonstrate strong support for the compliance and ethics function
  – 77% vs. 62% strongly support compliance and ethics initiatives
  – Data shows that Ethical companies frequently (86% vs.77%) inform their Boards on the priorities and concerns of a wide range of stakeholders*

Integrity has its foundations in several bedrock values:

• Honesty
  the foundational value of all other values. A palpable atmosphere of honesty and transparency percolates from the highest levels of the organisation.
  More in action and less in words.
• Trust
  the vital link that connects the organisation across all levels. Trust predicates Synergy.
• Fairness
  at the core of Corporate Integrity. Each individual treated with fairness irrespective of position and rank.
• Respect
  resonates across the warp & weft of the Organisational DNA.
• Responsibility
  emanates from the highest echelons.The Rule of Law is sacrosanct.
• Courage
  to express the truth and to stand by those who do. The crucible that forges all other values.

Risk Universe upon Non-compliance of Corporate Integrity

 

 

 

 

 

 

 

Integrity: Enables, Empowers, Energizes

What Customers Get

• What you see is what you get
• Complete transparency in all areas interaction
• Uncomplicated rapport and smooth relationships
• Greater trust quotient across verticals and domains

What Employees Get

• Security and confidence in the employers
• Custodian of the company’s vision and mission
• Enables free flow ideas and innovation
• Makes for a higher synergy quotient

What the Community Gets

• Provides a secure environment where all stakeholders can interact
• Reaps the benefits of an innovation
• An atmosphere of congeniality and stability
• Energizes its members to strive for greater development

 

Do share your views and add to our knowledge in the comments section below.
We would love to hear from you.

photo credit: Tambako the Jaguar Profile of Radja in the snow via photopin (license)
(*Ethisphere & EY)