Ethics, Risk Management, And Compliance Section Of The Organization

It is often recommended for (HCO)’s to have a corporate compliance plan to be more efficient, reduce errors, and not have small errors turn into large errors. As (OIG) it’s a necessary and fundamental need to incorporate a corporate compliance plan to have for staff and management to stay organized and lessen the chance of fraud, waste, and abuse in the company. Stated by, (Cleverly, Song, & Cleverly, 2011), it is effective only if it includes management support, effective communication, continuous monitoring, and individual accountability. All these aspects are a continual monitoring requirement as long the corporate compliance is in place for the duration.

I feel that an individual should have a foundation in ethics in relation to health care. It is important because the community puts their trust into health care organizations and professionals. According to Flite and Harman (2013), an organization must have a code of ethics in order to maintain the community’s trust.

Compliance with Laws, Rules, and Regulations is, to me, the most important area in a company’s code of conduct. Complying with laws, rules, and regulations includes preventing harassment and discrimination, improper payments, and environmental compliance. When companies are in compliance they are not putting themselves at risk of huge fines, lawsuits, and negativity towards their company.

The two key governance principles that I had chosen to define were protection and compliance. Protection, as explained by Davoudi (2015) is a,

Establishing and maintaining a culture requires the board and its senior management to demonstrate continuous support for compliance through their consideration of risks in setting and executing strategy budgets, articulating risk appetite, prioritising information technology (IT) plans, and holding business units accountable. Embedding compliance factors into performance reviews and bonus decisions sends a clear message about the importance of compliance coupled with this training, procedures,

AECOM is a global engineering firm that divides their operations into distinct business units including design and consulting services, construction services, and management services.

Companies are perpetually affected by compliance. If a company is to meet compliance standards, they must maintain this if they wish to continue operating. If they are unable to meet them, then the business is likely doomed for failure. It is a tough battle on either front. To make matters harder, some compliances are not actually a legal requirement, but not meeting them would spell certain doom for the company. This idea is no different for Organization A. Organization A’s reputation and maintained business continuity are contingent upon specific regulations and compliance. Without this compliance, the organization will no longer hold the respect and credibility they currently have. This paper focuses on Organization A’s attitude and handling of the ISO 27001 certification as well as organizational auditing concerns.

The Security professional is a must to understand the law and ethics, prevention and protection, security issues and controlling the risk associated with the programs. The report would present the governance, policies, the implementation and procedures and the standards ensures the security of the organization. The main aim is to control the risk to an extent, so the organization can withstand and protect the organization assets from being attacked are very crucial and while working with the sensitive data the potential mechanisms should be enforced.

A whistleblower is said to be an individual who discloses information which is considered as unethical about an organization either to the general public or the top management of the organization. One of the key characteristics of a whistleblower is courage. So as to survive the war, whistleblowers must be fearless and courageous since the battle between them and the organization might last for an extended period. Whistleblowers are also known, to be honest individuals who stand by the truth. They are expected to provide correct unethical practices of an organization. Another essential characteristic is that whistleblowers are often guided by their ethical standard which is mostly known to be very high (Schmidt, 2016). Their moral values and beliefs cannot be easily changed or influenced. Whistleblowers are also well-educated individuals since they have to know their rights before engaging in war with corporate organizations. They are mostly loyal to ethics than they are to the organization.

Compliance ensures that employees of a company conforms to a set of rules and users agree to follow the user policy.

Established in 1993, by Chairman and CEO Gil Shwed, Check Point software technologies first pioneered the I.T. security industry with FireWall-1 and its patented Stateful inspection technology, which is still the foundation for most network

Leadership is a prerequisite for producing an ethical corporate culture. It represents a relationship between a leader and his subordinates within an organization and it describes how individuals should or ought to conduct themselves in that organization. Ferrell, Fraedrich & Ferrell (2015) define leadership as “the ability or authority to guide and direct others toward a goal” (p.311). Leadership has a significant impact on ethical decision making because leaders have the power to motivate others and enforce the organization’s norms, policies, and viewpoints. Leaders are central to influencing an organizations corporate culture and ethical posture (Alshammari, Almutairi & Thuwaini 2015; Mihelic, Lipenik & Tekavcic 2010).

A code of ethics is defined as a document which outlines the mission statement of the organization and the vision of the business upon which it was stood in the market. The code of ethics defines those ethical principles which helps in determining the core values and all of such standards which the organization wants to follow with the purpose to achieve their goals and to make a significant yet a reputed position in the market industry (Coenen, 2013).

They have the strong commitment to consider and perform in the interest of the future generations, maintain the equality between people, enviroemtonal, technological, and Profitable . Siemens has evaluated the issue relative to those of the emerging countries and established the way of the contribution to the society. Siemens has already completed the studies of Germany, the United Kingdom, Turkey and South Africa since 2015. According to the Sustainability report 2016, ‘B2S’ project has already contributed the economic growth, creating more than 4.3 million of the job opportunities, operate 250 billion in GDP innovation, equaling more than ten times of their own

“Our highly-trained and culturally diverse workforce utilizes state-of-the-art equipment and lean manufacturing methodologies,” Mitchell explained. “The result is high-quality and competitively priced products that are indeed MADE IN THE USA. In addition, our dedicated team of field sales engineers and regional account managers work diligently to ensure that our customers specify and install the right products to protect their critical systems.”