Leadership and Ethical Decision Making: ECG

It is now time for you to develop standardized ethics policies for ECG, seeking input from your peers on the Ethics Review Committee to finalize this critical document. It is important that a code of conduct be developed that comprehensively covers expected or potential ethical and other compliance matters. Key areas to be covered in the code of conduct include the following:

1. general business conduct
2. sales and marketing practices
3. business courtesies/gifts (giving and receiving)
4. conflicts of interest
5. relationships with clients, suppliers, influential parties, and coworkers
6. use of company, client, and supplier resources
7. insider trading
8. other areas of compliance
9. reporting, investigative measures, and punitive actions (including the role of the Ethics Review Committee)

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... customer relationship management, and strategic consulting. Industries of focus and expertise include financial services, communications, retail, and transportation. The intended acquisition of Government Allies would enhance IT consulting expertise and allow ECG to secure a foothold in Federal Government contracts, a primary focus for Government Allies. Both companies are excited about the organizational synergies upon the hopeful completion of the transaction.

Similar to many organizations, ECG is required to abide by various laws relevant to domestic and international transactions, such as reporting to governmental agencies, and HR-related laws. During consulting engagements, ECG may or will need to adhere to guidelines for specific client industries. Client contracts also govern work-related activities with rules of engagement. Furthermore, the intended IPO would necessitate rapid and full compliance with the Sarbanes-Oxley Act (SOX).

As the new compliance officer, you must review the existing ethical standards, research relevant laws, seek input as needed, and develop a comprehensive code of conduct for ECG. The much- publicized ethical transgressions of various well-known corporations have heightened organizational and regulatory sensitivities to establishing and abiding by firm ethical standards. These situations have also created opportunities for individuals such as you to assume key leadership roles in organizations as guiding forces for compliance.

Question:

It is now time for you to develop standardized ethics policies for ECG, seeking input from your peers on the Ethics Review Committee to finalize this critical document. It is important that a code of conduct be developed that comprehensively covers expected or potential ethical and other compliance matters. Key areas to be covered in the code of conduct include the following:

1. general business conduct:
In general business conduct the company expects the employees to use only legitimate practices in commercial operations the company will conduct the business in such a way that it will hold the safety, health and welfare of the public in high regard . In other words, the company will ensure public safety and health.

2. sales and marketing practices
No employee of the company will offer directly or indirectly payment or ...