WHISTLEBLOWING / Hotline – The challenge.

Excerpt from session:

The freedom to raise concerns is a core component of an open and supportive ethical business culture, where employees are confident that they will be supported to do the right thing. However, it still remains a challenge for many organisations of all sizes and in all geographies. IBE research shows that most global organisations provide mechanisms to support those who wish to speak up, raise concerns or ask questions when unsure about what course of action to take.

Speak Up (or whistleblowing) arrangements are an element of good governance and can act as an early warning system for potential risks. Nonetheless, this practice is still seen with some degree of scepticism, particularly in some countries: snitch, informant, deep throat are only some examples that illustrate the often negative image associated with this practice. But what does current corporate practice on the subject look like?

Drawing on the results of a survey conducted by the IBE amongst employees in Europe, this session will focus on why encouraging employees to speak up and raise their concerns about ethics is important. We will look at the barriers that might prevent employees from speaking up and what organisations can do to promote an open culture.

Main Takeaways:

  • Speaking up and whistleblowing: what is it and why is it important?
  • What are the main hurdles to speaking up?
  • Some ideas and tools that organisations can put in place to encourage employees to speak up