Whistleblowing. Speak-up. Ethics concerns. Whatever you call it, encouraging employees and other stakeholders to report concerns about misconduct and inappropriate behaviour is increasingly regarded as an essential component of effective risk management. A well-trusted and successfully embedded speak-up system can be one of the most efficient means of identifying risks and rectifying them before they…
Tag Archives: Speak-up
GoodCorporation was invited by EQS Group to lead a webinar on Embedding effective speak-up, part of their “It’s time to speak-up” series. GoodCorporation director, Debbie Ramsay, and senior consultant, Lisa Randles, led the discussion which explored how to create an ethical corporate culture that promotes effective speak-up. Based on over 20 years of working with…
Forewarned is forearmed, or so the saying goes, but ask any whistleblower if they were given a hero’s welcome as they raised the alarm and you’d think the opposite were true. Many whistleblowers, Michael Woodford and Frances Haugen included, face actual or prospective persecution for raising concerns. Yet without these important revelations, many corruption scandals,…
In 2017, Leo Martin commented in Ethical Corporation on how companies can encourage their employees to speak out about problems before they turn into crises While the phrase forewarned is forearmed may make total sense on the battle field, it seems that the world of business is yet to properly cotton on. According to the…
GoodCorporation joined the whistleblowing charities and law firms calling for regulators to ensure that whistleblowers are properly protected. Leo Martin was quoted in The Guardian, the journal for the International Bar Association and Here is the City. “The Barclays whistleblower scandal will be a real test for the Financial Conduct Authority and the Prudential Regulation…
Whistleblowing hotlines come highly recommended. The Ministry of Justice includes whistleblowing or speak-up lines as a key bribery prevention procedure in its guidance on the Bribery Act. Under the Combined Code on Corporate Governance, companies listed in the UK are obliged to have whistleblowing arrangements or explain why not. In the US, listed companies are…