Board of Directors Ethics Training... Who needs it? Frank J Navran
The CFO’s AA asked you to provide clerical back-up during a meeting between the CFO and two members of the Audit Committee of the Board. This is your first visit to the C-Suite and you are impressed with the rich wood paneling, deep pile carpets and the quiet air of power and authority. While you are doing some routine filing at the AA’s desk the two Board members walk by, deep in conversation. Without meaning to listen in, you overheard them discussing a decision not to report a financial problem to the whole Board. What you heard was, “...and since the auditors didn’t find it, no sense us reporting it. It would just stir things up. If it comes back to haunt us we can always blame them. The way I see it, as of today, no harm, no foulâ€. They didn’t even notice you. Later, you described what you heard to the AA and asked what you should do. Her reply: “Whatever they said was not meant for our ears. We are there to provide them with admin support – not monitor their discussions. They are the Board. We have to trust that they know what they are doing.â€
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Debunking the Myths regarding Tone at the Top - Frank J Navran
There are any number of myths in the workplace that create false expectations and misunderstandings regarding the role of leaders in creating what we have come to call an ethical culture or ethical climate.
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The Psychology of Roadblocks - Frank J Navran
A Workshop Module for Those Intent of Creating Change Through Training
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Before there can be betrayal, there must be trust - Frank J Navran
In today's tumultous economic environment a lot is being said about "trust". Ought we have trusted lenders to reasonably assess borrower's ability and willingness to repay loans?
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Becoming a valuable resource to your board - Frank Navran
Steps to successfully navigate the new relationship between ethics & compliance officers and their board of directors
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The need for other-directed ethics as embodied in a Code of Ethics - Liezl Groenewald
Why does an organisation need a Code of Ethics? Are we not all born as moral beings with sufficient moral intelligence, with no or little need for further moral education?
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Some thoughts on etiquitte and ethics in golf - Willem Landman & Praveen Naidoo
We found the following amusing golfing story about former US President, Bill Clinton, on the internet written by Brian Viner of the Independent in London.
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Globalisation, crime and its discontent - Willem Punt
A critical study of history tends to expose pertinent examples of mankind's truimphs masking hidden follies. Our truimphs always tend to be debatable, especially when viewed with the benefit of hindsight, for only then does the price of our truimphs become apparent. The truimph of capatilism is certainly not immune to this phenomenon. Thus, many argue that the truimph of capatilism over competing ideologies may have brought wealth to many but at great expense to others.
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Ethical challenges for South African business - Mark Lamberti
For a business to survive and prosper, it must satisfy the reasonable requirements of all stakeholders. It follows from this simple premise that for an enterprise to be credible, each stakeholder must share a greater or lesser extent in the value it creates. This is easier said than done.
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A call for moral excellence - Praveen Naidoo
For organisations to foster a climate that encourages ethically exemplary behaviour, a more comprehensive approach is needed, going beyond a punitive, legal, compliance stance, by promoting self governance.
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Turning the tide of corruption in South Africa
How the Eastern Cape Province is meeting the challenge
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Auditing an organisation's ethics - Willem Landman
In an organisation, ethics needs to be institutionalised and operational. The King II Report, drawing from other standard-setting documents, gives practical guidance in this regard, with a view to building an ethical organisational culture.
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Business ethics - how do we know it works? - Willem Punt
When organisations consider investing in organisational ethics management and the creation of an Ethics Office, a standard request is: "Please quantify the reduction in risk/how much money it will save".
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The Social Value of Ethical Leadership - Willem Punt
When we think of reasons why organisations should cultivate a good ethical culture, we often hear the pragmatic imperative "good ethics is good business" but in this short piece I would like to explore the social imperative "why building an ethical culture in your organisation is a vital contribution towards securing a safe political future for us all".
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Ethical Risk Management - Willem Punt
Before the Second World War words like 'safety and 'quality' control were simply not part of recognised business vocabulary. Yet today it is considered standard business practice to formally and consciously manage the safety of stakeholders as well as the quality of products and services.
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Lifting the veil of negativity - the dark side of corporate governance. - Willem Punt
They say that there are three types of philosophers, the kind that can count and the kind that can't. So maybe I belong to the former when thinking about corporate governance, because something just does not add up.
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Parmalat - milking the CSR cow. - Willem Punt
Human beings are the only mammalian specie that regularly drinks milk beyond infancy. Think about it - this is strange. What is downright weird is that we quaff down billions of litres of the stuff produced by the lactic glands of other mammalians species and not even our own! Yet, dare I ask, who of us will raise the issue of adult human milk consumption during dinner at the in laws?!
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Director remuneration - towards what is right, good and fair. - Willem Punt
With exorbitant director remuneration making the news repeatedly in the last few months, an international weekly recently called for a stick to beat steeply escalating director remuneration back into shape.
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Can more Business Ethics Teaching halt Corruption in Companies? - Prof Anton A. van Niekerk
Abstract
This article deals with the question of whether an increased teaching of business ethics can/will have a positive effect on the fight against corruption in companies. It is written from a (South) African perspective. Statistics about the alarming state of corruption in South African businesses are provided in the beginning. A Hegelian approach to the problem, in terms of which theory can and does influence practice, is compared to a Marxist approach, in terms of which theory is only a reflection of practice. The author chooses a position that mediates between these two extremes.
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Who's Checking the Checkers? - Frank J. Navran
In the years before 'empowering employees' became part of the management lexicon, decision making authority often rested several layers above where the actual work was being performed. It was commonplace for peoples' work to be checked, first by their supervisors and then rechecked by the manager. Those of us consulting to business at that time derisively referred this to as "checkers checking checkers".
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No Virginia, There is No Such Thing As Independence - Frank J. Navran
Independence is a word that is getting a good deal of attention these days but I have yet to encounter a comprehensive discussion of what it means, couched in language that is useful to the typical business decision maker. What follows is an attempt at moving that dialog forward.
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Nursing: The Profession of Caring - Willem A. Landman
Introduction
It is a great honour for me to share this evening's celebration of some of South Africa's most exemplary nurses with you. People who have not been sick mostly have no idea of what it is like to be a nurse, or of how crucial nurses are for those dependent on their professional services.
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A rights perspective on the HIV/AIDS pandemic - Willem A. Landman
1. Introduction
This workshop brings together three discourses about public health and HIV/AIDS, namely:
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Developing a code of ethics
An organisation's code of ethics is a key element of good ethics management says Dr Willem Landman, CEO of EthicSA.. The King Report on Corporate Governance for South Africa prescribes the adoption of such a code. Non-listed and smaller businesses would do well to follow suit. An exclusive article for EthicSA,Finance Week and Finansies & Tegniek
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Ethics not an optional extra - Willem A. Landman
Business ethics have never been higher on the public agenda than now, writes Willem A Landman, CEO of the Ethics Institute of South Africa. He says catastrophic corporate failures caused by unethical individual behaviour, ethically weak corporate cultures and dubious accounting or auditing practices have eroded investor confidence in markets worldwide and wiped out pension reserves.
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Lesotho's - a small country is showing big heart in combatting corruption
Two years ago, the World Bank offered Lesotho support for its corruption trials against multinationals accused of extensive bribery in one of Africa's biggest engineering works.That none has been forthcoming has not dented the small African nation's determination, fuelled by morality and self-interest, to end money-for-contract graft in the poor world.
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Rushworth Kidder on South Africa
Rushworth Kidder, the well known US ethicist and head of the Institute of Global Ethics, was recently in South Africa on a lecturing and fact-finding tour. He has been a regular visitor to these shores since the first democratic elections in 1994 and in this interview with EthicSA he reflects on being a 'hopeless fan' of a country that has a lot more going for it than is generally acknowledged, he said in an EthicSA interview.
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Business Ethics Across the Atlantic
Joan Fontrodona, the Head of the University of Navarra, Graduate Business School feels that the Atlantic divide between European and North American approaches to business ethics is narrowing. In the past the values based and compliance approaches typical to the two continents respectively have operated largely exclusive of one another.
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Kevin Wakeford shares his thoughts on globalisation
Kevin Wakeford, the CEO of the SA Chamber of Business said that the tendency by many anti-globalisation activists to vilify the private sector is generally based on a simplistic and monolithic understanding of modern business. Whilst there are issues that need to be urgently addressed in the globalisation debate, an adversarial approach should be replaced by an attitude of partnership, he said in an interview with EthicSA.
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Kevin Wakeford's response to the Myburgh Commission
Kevin Wakeford, the CEO of the SA Chamber of Business who set in train the events that led to the appointment of the Myburgh Commission into the decline of the Rand and who generally has been pilloried by business for doing so, said in a feisty interview with EthicSA that he has no regrets over what he did.
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Gaining The Ethical Edge
Ethics and values are no longer merely personal issues, write Dawn-Marie Driscoll and W. Michael Hoffman. They are organisational issues as well. Often the root of unethical behaviour is often systemic and not simply the result of rotten apples in the corporate barrel. Ethical people can be brought down by serving in a bad organization, just as people with questionable integrity can be uplifted, or at least neutralized, by serving in an organization with clear values.
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