ERC Releases Report:
<img src="files/ceco.gif" alt="" align="right">
<p>The <a href="http://www.ethics.org/" target="_blank">Ethics Resource Center</a> in Washington DC has released an interesting document for anyone active in the <b>Ethics & Compliance Officer</b> field - see the quotes below which give a taste of the subject of the document:</p>
Note that they have removed the link to the paper. It may be elsewhere...
[quote=The Ethics Resource Center (See: http://www.ethics.org/CECO/)]"This paper responds to a problem expressed by many professionals tasked with leading the ethics and compliance efforts in their organizations: most CECOs do not believe they have been given sufficient authority and resources to accomplish their missions. Even further, they struggle to raise the discussion with executives and directors."[/quote]
<h2>And from the Foreword:</h2>
<cite>The need for this paper was perhaps best evidenced by a headline appearing on Forbes.com on October 23, 2006, questioning “Chief Ethics Officers: Who Needs Them?”<sup>1</sup> The article was a response to statistics that had been reported just a few days earlier by Business Week that during the first three quarters of 2006, a CEO was fired every thirteen days as the result of scandal.<sup>2</sup> “Chief ethics and compliance officers have become trendy in recent years,” the Forbes article went on to say, “but some experts fear they act mainly as window dressing.”</cite>
You can download the full document here:
<a href="http://www.ethics.org/CECO/" target="_blank">http://www.ethics.org/CECO/</a>
(Or click on the document image to the right...)
<sup>1</sup> Clark, Hannah. (2006, October 23). <b>Chief Ethics Officers: Who Needs Them?</b>
<a href="http://www.forbes.com/corporategovernance/2006/10/23/leadership-ethics-…; target="_blank">http://www.forbes.com/corporategovernance/2006/10/23/leadership-ethics-…;
<sup>2</sup> LaVelle, Louis. (2006, October 12). <b>CEOs Feel the Heat</b>
<a href="http://www.businessweek.com/bwdaily/dnflash/content/oct2006/db20061012_…; target="_blank">http://www.businessweek.com/bwdaily/dnflash/content/oct2006/db20061012_…;