Small to medium-sized businesses can be without any formal code conduct; however, creating one is good practice for the following reasons:
- Helps the company define the company culture. Putting things in writing always clarifies for everyone involved, rather than relying on “word of mouth.”
- Sets standards and expectations for behaviors. The Code of Conduct spells out the dos and the don’ts for everyone to see and understand.
- Serves as a marketing signal for potential customers. Being able to share your values with people who have similar values makes them comfortable.
- It’s the right thing to do. More and more, we live in an age of transparency, so being transparent is an important consideration in developing your company.
Why your business needs a code of ethics, a code of conduct or both.
When Isabelle Roughol, Senior editor-at-large at LinkedIn™ published “50 Big Ideas for 2019: What to watch in the year ahead” on December 11, 2018, number 35 was “Chief ethics officer will be the hot new C-suite title.” The Accountability Information Management Ethics Reporting Platform is just the tool to help the small to medium-sized business C-Suites to manage the ethical process better. Called AIM Ethics Reporting Platform, the system allows monitoring of violations through a third-party with the “human touch.”
There’s no shortage of ethics monitoring tools available.
But there is a shortage of simple, cost-effective ones. Many companies find themselves caught between wanting to up their game in ethics, and find out many solutions prove to be cost prohibited or incorporate automation, taking out the very important human interaction that’s needed in these situations. AIM has been monitoring ethics for one of the largest consulting companies in the country for the past ten years. Now, small to medium sized businesses who seek more transparency without losing the human element can take advantage of this easy-to-use system.
Meet the AIM Ethics Reporting Platform
Aristotle was the first to put ethical behavior do’s and don’ts in writing. In Artistotle’s day, it may have been simpler; however, one thing is true then as it is now: right is right, and wrong is wrong.
Now, a company’s size is no longer a barrier to becoming transparent, honest and refreshingly ethical in this age of corruption, and in a simple, cost effective way.
The AIM Ethics Reporting Platform
Katie Lawler, the chief ethics officer at U.S. Bank since 2017. Lawler said, “What I think we’re seeing now is a recognition that it’s important to go beyond looking at the rules. Having a strong set of core values, having an environment in which employees know that their voices will be heard when they have a concern, really goes beyond the ‘Can we?’ of compliance to the ‘Should we?’ of ethics.”
AIM Ethics Reporting Platform does that: creates an environment within a company that assures employees their voices will be heard. Learn more and call an AIM account executive today for more information.