Ethics The Fabric of Business A DVD and

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Ethics: The Fabric of Business A DVD and Discussion Guide presented by the

Video Overview SHRM Foundation’s 4 th DVD n Filmed at Lockheed Martin Headquarters n Featuring Wayne Cascio n Comprehensive Interviews n n Officers, Managers, and Employees

Video Synopsis 1. 2. 3. 4. 5. 6. 7. Introduction Ethical Violations Company Overview Lead by Example Walk the Talk Good Ethics is Good Business Role of HR 8. 9. 10. 11. 12. 13. 14. Business Information Advice for CEOs Advice for Small Firms Issues and Solutions Performance Reviews Conclusion Five Important Lessons

Lockheed Martin Overview Global Operations n 135, 000 Employees n 5 Business Areas n n Aeronautics n Space Systems n Electronic Systems n Information and Technology Services n Integrated Systems and Solutions

Ethics at Lockheed Martin n Foundation n Corporate n Far Reaching n All n Vision and Values levels of the Organization Training n Awareness, n Business Conduct, Code of Ethics Accountability n Ethics Help. Line, Department, Committee

5 Important Lessons Buy-in from top management n Delivery of consistent message n Repetition through internal communication n Annual training for everyone n Ethics component in performance reviews n

Why is management buy-in critical to building an ethical organization? Consistency n Demonstration n Emulation n

How can organizational communication build an ethical foundation? Management demonstration n Internal accountability controls n Communication mediums n

What are some important aspects of an effective Ethics Reporting System? Familiarity and Accessibility n Security n Resolution n

What role does training play in fostering organizational ethics? Increases awareness n Communicates expectations n Transfers skills and behaviors n

What are the benefits of linking performance to ethical standards? Diagnosis n Accountability n Method n

How do ethical companies start down the road to becoming unethical? Management n Culture n Employees n

What is HR’s contribution to the ethical framework of an organization? Decision-making process n Policies and procedures n Positive work environment n

How does the culture of an organization impact its ethical behavior? Defines values n Models integrity n Creates buy-in n

How does employee empowerment foster ethical decision-making? Trust n Psychological contracts n Unbiased experts n

What are the ethical challenges in managing a global workforce? Adaptation n Local Practices n Accountability n

HRCI Certifications n PHR n Operations/Technical n SPHR n Strategic/Policy n Generalist GPHR n International Generalist

SHRM Founded in 1948 n 200, 000 members n Resources n n SHRM website n HR Magazine n White papers n Research surveys n SHRM Information Center

Presented by the SHRM Foundation 501(c)(3) n Founded in 1966 n Educational initiatives n n Books, n videos, DVDs, and scholarships Funding of HR research projects n >85% - published book, article, presentation

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