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    Ethics & Compliance Insights   
April 2004 
   

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Welcome to the first edition of Ethics & Compliance Insights from Working Values!

Closing the Behavior-Standards Gap
In many corporate reform efforts the focus has been on developing standards without equal emphasis on communicating and modeling the behaviors that demonstrate those standards. The fact is, setting standards is the easy part! Learn how to narrow your company's Behavior-Standards Gap.
 In the News

Most Companies Fail to Monitor Ethics Compliance
Twenty-five percent of publicly traded companies fail to actively monitor their ethics programs, says a new report. This "discrepancy is between words and action" and can be largely attributed to Sarbanes-Oxley timetable pressures.

Deloitte Ethics Officer Outlines Three C's to Ethical Security
Culture, controls and consequences are the elements necessary to creating a successful and ethically managed company, said Deloitte & Touche Chief Ethics Officer Harold Tinkler.

PwC: Firms Are Changing to Comply, Not to Improve
Financial institutions have equated good corporate governance with meeting the demands of regulators rather than improving the quality of management, according to a new study.

 Spotlight
Integrity Scorecard
Is your organization ready to meet the ethical challenges of the post-Enron era? The free Integrity Scorecard is an online tool that helps you assess your organization's integrity readiness.

See also:
Integrity Toolkit
Ethics and compliance training suite designed to meet the specific needs of organizations facing Sarbanes-Oxley requirements, while at the same time providing a platform for building a broader ethics and compliance initiative.


Ethics & Compliance Resources
Visit SmartPros' ethics and compliance site for news, resources and much more!




How to Comply With Sarbanes-Oxley Section 404*
A step-by-step approach for planning and performing an assessment of internal controls. Read an excerpt and view the contents.
* Save 15% when you click from this newsletter.


 


About Working Values
Working Values Ltd., a SmartPros company, has been a proponent of the truly ethical workplace, promoting values-based ethics since its founding in 1993. Working Values contends that while articulation of standards can set goals, standards alone cannot change behaviors. To achieve this necessary change and ensure systems that will propagate continuing ethical behavior, companies must evolve from rules-based – or end-result focused – ethics to values-based ethics, where ethics as an ongoing process, with an emphasis on an integrity-based control environment.

Working Values helps organizations change employee behavior through the Integrity Alignment Process and Integrity Toolkit. The Integrity Alignment Process is a comprehensive integrity assessment and planning process. One of the key elements of the Integrity Alignment Process is the Integrity Toolkit, which provides a company's leaders with tools for building comprehensive integrity programs. The Toolkit includes corporate communications templates, training and development programs for employees, managers, and senior leaders, and guidance on business process improvement. Through these unique offerings, Working Values serves as an integrity coach to its clients, helping them to narrow their Behavior-Standards Gap.


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Editorial
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