The findings of our 2017 Greater Omaha Organizational Ethics Survey inspire more optimism than some others (see ECI’s 2018 Global Business Ethics Survey): the number of Omaha organizations with formal ethics and/or compliance programs is at an all-time high, and nearly all respondents agreed that ethics should be a priority in the workplace.
But we still have work to do. Our survey showed that small and medium-sized organizations are far less likely to have formal ethics programs—or even written codes of conduct. Communication was cited most frequently as the best strategy for improving or maintaining an ethical culture, but most respondents indicated that communication still occurs on an “as-needed” basis rather than proactively.
Creating a strong ethical culture with a values-based approach allows organizations to be proactive instead of reactive and keeps ethics “top of mind” for everyone. And research shows that companies that align their company culture with strong ethics see tremendous gains—from hiring and retaining the best employees to bigger financial returns and organizational growth. In short, good ethics means good business.
I urge you to get involved in this important dialogue in our community. Together with our partners Better Business Bureau, The Greater Omaha Chamber of Commerce, the Creighton University Heider College of Business, and the entire business community, we are working hard to develop new strategies and tools to help companies—large and small—build organizational cultures that can withstand the ethical stressors that inhibit business from prospering and the workforce from flourishing. If your company is ready to build upon its current culture, please give us a call at 402-280-2235.