“Pressure to deliver outstanding commercial performance is being closely followed by pressure to demonstrate responsible socioeconomic and environmental performance. Increasingly these pressures are coming from the same groups of people: consumers, talented employees and institutional shareholders, as well as governments and the general public.” The Power to Change, SustainAbility, 2001.

Social Pressure: as noted by many writers in professional circles there is increasing pressure from society for businesses to go above and beyond the expectation to create profit for shareholders.

Risk Management: litigation is increasingly becoming a concern for organizations. As companies continue to be held accountable for the actions of their board, directors, managers and employees, ethical training and ethical practices are a useful tool to help minimize risk.

Public Relations: a pro-active stance will help any organization to avoid or at least mitigate confrontations with stakeholders. Reducing the number of crises and committing fewer resources to addressing reactive situations is a priority for all modern organizations.

Employee Retention/Relations: finding, keeping and motivating good people is getting harder. Ethical business practices and regular ethics audits help to reduce employee error, increase team accountability, increase management's performance standards, reduce turnover and increase leverage in negotiations.

Shareholder Retention/Relations: keeping shareholders helps to retain or increase the value of your organization. Utilizing our expertise organizations are better able to distribute information, address radical shareholders, increase shareholder retention and increase transparency.

Regulatory Control: self regulation and third party standards help to minimize the likelihood of imposed regulation and government intervention. With input into emerging standards, organizations are better able to guide the process of change and remain competitive. Leadership in self-regulation and the use of third party standards helps to distinguish organizations from their competition.

Email ACTION ETHICS @ info@actionethics.com today.

Send mail to webmaster@actionethics.com with questions or comments about this web site.
Copyright © 2002 The Action Ethics Consulting Group