Amid sinking employee morale and increasing public distrust in corporate leadership, without question maintaining an effective ethics and compliance program is more important than ever. The challenge facing many ethics and compliance professionals is how to do that with tighter budgets and fewer resources.
“There’s increasing cynicism and stress in the workplace, hits to budgets … controls and oversights are stretched,” says Ed Petry, a program director at The Conference Board and vice president of the Ethical Leadership Group. “It’s a perfect storm for ethics and compliance problems. And we know when there are problems … we can count on stepped-up enforcement.”
