Misconduct is too costly to ignore — that much is known. But without clear links to business outcomes, keeping culture initiatives front and center is hard. In fact, less than a third of compliance executives feel confident in their ability to improve their organization’s culture. And with 59% of observed misconduct going unreported, it’s time to focus on corporate compliance.
Report to the board on corporate culture
High-profile cultural failures in the business world increase pressure on CCOs to safeguard against future misconduct. Use this customizable template to lead effective board discussions on company ethics and culture, and outline next steps for compliance risk mitigation and management.