Blowing the Whistle | How can a whistleblower hotline be effective?

How can a whistleblower hotline be effective? Explain.

For a whistleblower hotline to be effective trust must exist between employees and the employer. This trust means that the information can be given anonymously and without fear of retaliation, even if the identity of the whistleblower is revealed during the investigation. The organization can make all the promises in the world, but until that first report is completely and thoroughly investigated, the hotline may never ring again.



Source: Ghillyer_Business Ethics A Real World Approach 2e

Blowing the Whistle | Is whistle-blowing a good thing?

Is whistle-blowing a good thing?

1. Many individuals, especially the media believe that whistle-blowing is a good thing, not only because it can save an organization millions of dollars, but because it can often prevent substantial harm to consumers. 
2. However, some individuals may argue that whistle-blowers are motivated by money or have egos and a “troublemaker” personality.  Also, some feel that whistle-blowers are “sneaks” or “squealer” who has broken the trust and loyalty of their employer.

Source: Ghillyer_Business Ethics A Real World Approach 2e

Corporate Governance | What are the six steps to effective corporate governance?

What are the six steps to effective corporate governance?

1. Create a climate of trust and candor
2. Foster a culture of open dissent
3. Mix up roles
4. Ensure individual accountability
5. Let the board assess leadership talent
6. Evaluate the board’s performance

Source: Ghillyer_Business Ethics A Real World Approach 2e