Skip to main content

EFFECTIVE GOVERNANCE MODEL FOR BUILDING ETHICAL ORGANIZATIONS

Image
By

Many Large Organizations Suffer from Rampage Unethical Practices

The problem with our world starts when people with vested interests get into positions of authority. Many large organizations suffer from rampage unethical practices conspired by a very small number of people in influential & authoritative positions. There are obvious undesirable fall-outs, for the stake holders, of not being able to check this menace before it manifests into volcanic eruptions causing shock-waves leading to ripples of panic & devastation right through the organization and beyond

Symptoms Exhibited by Suffering Organizations

Organizations suffering from the impact of unethical practices may exhibit symptoms including but not limited to clandestine predetermined customary commissions, nepotism, favoritism and unhealthy politics aimed at promoting the vested interests of few favorites at the expense of the organization as well as the other interest groups including all ethical actors putting them in a strongly disadvantageous position. Work cultures marred by this evil strangle creativity, innovation, justice, growth, motivation and prosperity. In all likely-hood such a trend plummet the organization towards a downward spiral of hopelessness, destitution & complete loss of focus on the organizational values and objectives

Recipe for an Ethical Organizations?

Solution lies in whole hearted adoption of these rich practices within the governance framework of your organization
1.       Unwavering commitment of the stake holders towards building an ethical organization
2.       Keeping aside a budget towards accomplishing “Ethics and Compliance”
3.       Organization wide dissemination of the code of conduct manual, detailing the definition of integrity violation for identification & prevention of corrupt practices
4.       Building complete transparency around the processes and systems of your organization
5.       Carefully structuring the whistle blower policy
6.       Conducting surprise inspections of the individual work stations 
7.       Benchmarking organizational costs with contemporary market practices & scenario through real time studies and researches
8.       Ensuring optimum frequency of intra organizational employee transfers in case of a single business entity and inter organizational employee transfers in case of a multiple business entity. This also takes care of the critical business areas such as business continuity planning by lining up future business leaders capable of shouldering bigger responsibilities of your organization.
9.       Making contribution towards Knowledge Management system an integral component of the employee KPI (key Performance Indicators) matrix
10.   Developing significant overlaps in the employee KPI matrices as a proactive measure towards implementing a strong checks & balances mechanism.
11.   Carrying out unexpected audits of the organizational processes
12.   Zero tolerance policy for integrity violation
13.   Continuous reviewing and updating of the  governance framework to keep it effective and relevant to the changing times


Sanjay Sharma
Labels:

Comments

Post a Comment

Popular posts from this blog

Building Focus On Aligning Personal and Societal Good

By
  The Balancing Act Overall Wellbeing Of Society :-  Reflecting on the areas that need attention for building sharp focus on aligning personal and societal good. The factors that would rank high on this list would be empathy , responsibility and integrity . The
Post a Comment
Read more

Upgrade Your Behavior for Personal Growth & Prosperity

By
                        When interacting with others, most of us have this approach of taking others for granted. We generally are too obsessed with our own liking, disliking, goals, aspirations, plans, dreams and the list has no end. But this approach can only take us down the hill and pretty fast. It might seem that being self centered is in our long term interest but this is like viewing distorted reality.                        Anything that we feel is only for us , and under the influence of such thoughts if we go on antagonizing others around us, we are surely inviting trouble for ourselves. When that problem is going to surface?, this  is just a matter of time but it certainly would.                            The social approach of being considerate & kind , as well as adhering to th...
Post a Comment
Read more

Don't Despair, Happiness Can Again Replace This Pain

By
                                                                 When you were born,you were in your original & pure form , as you had started a new journey.During this journey you took certain actions which affected your personality.There were certain influences, which were positive but there were negative influences as well. The positive influences were in line with the universal eternal truths and helped in creating & reinforcing your happy disposition , marked with optimism, creativity,hope,love, humility & gratitude , towards life.Where as negative influences though looked very attractive externally, but when imbibed led towards despondency, hatred, depression,anxiety,anger,rage,melancholy & anything but happiness.Thus you grew up as a mix of positive & negative influences,the ratio in which we exp...
Post a Comment
Read more