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As geopolitical events, new technology and regulatory developments increase the severity and frequency of risks, E&C programs are focused on their risk mitigation efforts. As LRN’s Susan Divers explores, a central lesson from over 10 years of primary research is that values-based programs are not only the most effective but also correlate strongly with reduced risk and better business outcomes.
This is validated in our brand-new 2024 Ethics and Compliance Effectiveness Report, which features global data and insights from more than 1,400 E&C professionals. This report also marks 10 years of LRN benchmarking crucial data on program evolution for E&C professionals worldwide.
But how exactly are E&C programs evolving in response to this increasingly complex risk landscape? And what do global best practices look like going into 2024? Let’s dig into five key insights from the report (download it here) and what they mean for improving ethics and compliance program effectiveness in 2024.
Taking a values-based approach to compliance is the path forward
Values as the principal means of motivating ethical behavior has become a fundamental principle of E&C programs, and is a best practice that has gained traction over time….
