Post by account_disabled on Oct 17, 2023 23:01:05 GMT -6
An Integrity Program is essential for companies that want to establish an ethical organizational culture and avoid illicit practices. The Clean Company Law determines the same requirements for all companies, adapting to the size and peculiarities of each business. In this article, we will cover seven essential steps for developing and implementing an effective Integrity Program.
To start an Integrity Program, it is essential to map the specific risks of the company's activity. This involves understanding the business, identifying the priorities of the sector in which it operates and the business activity itself. It is important to prioritize and focus on relevant vulnerabilities, developing the integrity program in light of the company's profile and needs.
Integrity must be seen as a strategic management tool cell phone number list by the company's senior management. Leaders must be examples of ethical conduct and reinforce, both through words and actions, the importance of the Integrity Program in the organization's daily life. Furthermore, it is necessary to facilitate the planning and execution of the program, encourage the use of the Code of Conduct and establish ethical conduct as a business rule.
Effective implementation of the program requires efficient training and communication. All employees must be aware of the rules and be periodically reminded of their existence. Training can be an opportunity to discuss values applied to practical cases, adapting to the company's routine. Both senior management and new employees must undergo specific training. Communication must reach both internal and external audiences, demonstrating the company's commitment to ethics.
Good internal controls are essential to prevent acts of corruption, fraud and other illicit acts. They ensure that the company's objectives and goals are on track, in addition to providing reliability to management reports and financial statements. The financial area plays a fundamental role in the materialization of these acts.
When choosing suppliers, service providers and intermediaries, the company must take due diligence to mitigate integrity risks. This involves carrying out background checks, seeking information about possible negative media and legal proceedings. Furthermore, formalizing contracts that prohibit acts of corruption and encourage ethical conduct in business is a recommended practice.
It is essential that the company provides a reporting channel so that people can report irregularities, guaranteeing anonymity and non-retaliation. Management must educate employees about what constitutes misconduct and how to act when receiving a report. Every complaint must be investigated and handled appropriately, with collective decisions and respect for internal investigation procedures.
To start an Integrity Program, it is essential to map the specific risks of the company's activity. This involves understanding the business, identifying the priorities of the sector in which it operates and the business activity itself. It is important to prioritize and focus on relevant vulnerabilities, developing the integrity program in light of the company's profile and needs.
Integrity must be seen as a strategic management tool cell phone number list by the company's senior management. Leaders must be examples of ethical conduct and reinforce, both through words and actions, the importance of the Integrity Program in the organization's daily life. Furthermore, it is necessary to facilitate the planning and execution of the program, encourage the use of the Code of Conduct and establish ethical conduct as a business rule.
Effective implementation of the program requires efficient training and communication. All employees must be aware of the rules and be periodically reminded of their existence. Training can be an opportunity to discuss values applied to practical cases, adapting to the company's routine. Both senior management and new employees must undergo specific training. Communication must reach both internal and external audiences, demonstrating the company's commitment to ethics.
Good internal controls are essential to prevent acts of corruption, fraud and other illicit acts. They ensure that the company's objectives and goals are on track, in addition to providing reliability to management reports and financial statements. The financial area plays a fundamental role in the materialization of these acts.
When choosing suppliers, service providers and intermediaries, the company must take due diligence to mitigate integrity risks. This involves carrying out background checks, seeking information about possible negative media and legal proceedings. Furthermore, formalizing contracts that prohibit acts of corruption and encourage ethical conduct in business is a recommended practice.
It is essential that the company provides a reporting channel so that people can report irregularities, guaranteeing anonymity and non-retaliation. Management must educate employees about what constitutes misconduct and how to act when receiving a report. Every complaint must be investigated and handled appropriately, with collective decisions and respect for internal investigation procedures.