FCA fines in 2015 totalled at £905m. This shows the old approach to ethics isn’t working. Ethical codes and compliance prove a positive guide for business, but a deep-rooted ethical commitment evolves from belonging. Trying to impose ethical behaviour through ‘command and control’ is ineffective when culture governs behaviour. What matters is understanding how to make everyday decisions.
We believe that commitment beats compliance. We create a sense of belonging, driving commitment in your employees to ensure they understand the relevance of the rules. We make it far easier to navigate potential grey areas without slipping up.
Ethics is often summed-up as ‘Doing the right thing’. A sense of belonging makes this intuitive. But what happens if it’s not well understood?
How we can help
A confidential, objective review of current collateral, protocols, and practice. Followed by an Ethics and Belonging Exploration with senior team, representing all disciplines and operations, to set the foundations and assess ethical risk. A deeper and wider programme to establish a culture of ethics is mid-longer term.
"Doing the right thing doesn't automatically bring success but compromising ethics almost always leads to failure"