hard work high trust culture failure to implement ethics code use of anonymous emails
TRANSCRIPT
Hard work
High trust culture
Failure to implement ethics code
Use of anonymous emails
Undesirable results
Conduct of management in question
Trust became an issue
Slow company growth
Conflict of interest
• Director with stock in VideoTek customer
• Customer failed to meet agreements
• VideoTek continued investing with customer
Request of sensitive information
• Amy Masterson bribed $150,000
• Amy refuses to provide information
• Amy terminated for her actions
Human Resources
• Nepotism policy reviewed
• Failure of two departments
• Employee compensation unequally distributed
Bribes issued to secure contracts
Unclear standards of operation
Rewards for non-employees
Failure to consider all stakeholders
Managers as role models
Conflicts of interest
Weak culture as result of CEO behavior
Reward systems
Stock options for all employees
Rehire Amy Masterson
Practice of nepotism eliminated
Reelection of compensation committee
Consideration of new CEO
Establishment of communications avenues
Anonymous e-mail option terminated
Punishment of unethical conduct
Professional E-mail PolicyEliminate Conflict of InterestEmployee Stock OptionsBribery Disciplinary actions Employment and Termination PolicyBonusesCode of Ethics