In contrast, companies that have an effective reporting gambling data taiwan channel are better able to communicate regulatory compliance to their employees. In addition, processes are carried out more efficiently and quickly.
In this way, an ethical business culture brings with it multiple benefits for organizations. However, it is also accompanied by challenges that need to be resolved.
EQS Group , a leading international technology provider and contributor to the study, highlights four challenges that companies must address in order to achieve ethical and transparent standards:
1.- Culture of denunciation:
Companies should take into account how essential it is to foster a whistleblowing culture so that employees are aware that reporting irregularities will not have negative repercussions. On the contrary, it will benefit the company and the employee. Ethical values and good practices are necessary for the creation of the culture.
2.- Identification of risks:
Having a traditional or digital reporting channel, or training for employees on good practices, are some of the risk prevention measures. If risks are identified from the beginning, it will be easier to reduce their incidence.
3.- Changes in the legislative framework:
Each country has a different legislative framework that can vary over time, which is why companies must be aware of these changes in order to apply them correctly through updated digital solution providers.
4.- Anonymity of the whistleblower:
By offering the possibility of reporting anonymously, it is possible to lower the threshold of their inhibition and increase trust.
Finally, FUNIBER sponsors numerous courses in the business area in order to train professionals. Some of these programs include the Master in Business Administration and Management (MBA) and the Master in Strategic Management .
Source: The 5 challenges for companies to become more ethical and fair companies
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