In: Accounting
If unethical or illegal behavior occurs within a business
enterprise, how can employees bring about change when initial
reports are ignored? What actions can senior managers take to
repair the damaged reputations of their organizations after
scandals become publicly known?
In case any unethical or illegal behavior occurs in an business enterprise and being the first time such activity has taken place, the management can ignore the first reporting. This action by the management will be lesson for the indulge / culprit employees to change their path. The “First time ignorance” doctrine can only be undertaken, if the management is confident that employees would correct their activities and would not repeat the unethical / illegal behavior.
The management or the senior managers can take following steps to repair the damaged reputations of the concern when scandals gets public :
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