Management At All Levels Emphasizing and Rewarding Values-Based Behavior, LRN Survey Finds
New survey highlights trends associated with "tone in the middle" across various industries
NEW YORK, March 12, 2015 /PRNewswire/ -- As support from middle management continues to top the list of priorities for E&C professionals, many companies have implemented processes to evaluate managers' involvement in instilling a values-based approach across the organization, according to a new survey issued today by LRN, the leader in Ethics & Compliance advisory services and education. In fact, nearly three-quarters of respondents (69 percent) reported that ethics & compliance is among the criteria now factored into their company's performance reviews for middle managers.
LRN, which helps organizations meet their compliance obligations, shape ethical behavior, and strengthen culture and leadership, polled E&C professionals on a number of topics at Ethisphere's Global Ethics Summit held on March 10-11, 2015 in New York, N.Y.
The survey also found consistently high levels of focus on company values at different levels of the organization, with 52 percent stating that their top management team "always" emphasizes company values when making decisions, and 51 percent believing that middle managers at their company take an extremely active role in implementing these values with their teams.
"For years, companies have focused on promoting the tone at the top, with the expectation that strong ethical leadership by senior management would trickle down to all employees and reinforce their commitment to company values," said Jean-Marc Levy, President, Ethics & Compliance Solutions at LRN. "As our survey results show, we've reached a major turning point where middle managers are now being held accountable as leaders of company culture and behavior. This is great news for shareholders and for everyone interested in seeing values-based outcomes."
Among respondents who believe their organization does a better job than their peers at fostering ethical outcomes for the public, either through the clients or consumers they serve, 84 percent believe this is directly tied to their company's culture.
"According to our research, we've found that employee behavior, when aligned with corporate culture, has the power to not only reduce misconduct but to also enhance business performance," added Levy. "In order for companies to outbehave the competition, it's increasingly important for E&C leaders to identify new tools and solutions that allow middle managers to foster meaningful dialogue with employees across the organization."
To view the findings from this survey or to learn more about LRN visit: http://bit.ly/18f58bL
Methodology
The survey was conducted on-site at Ethisphere's Global Ethics Summit in New York, N.Y. from March 10-11, 2015 and is intended to represent the views of 140 E&C professionals, who participated in the in-person interviews.
About LRN: Inspiring Principled Performance
Since 1994, LRN has helped over 20 million people at more than 700 companies worldwide simultaneously navigate complex legal and regulatory environments and foster ethical cultures. LRN's combination of practical tools, education, and strategic advice helps companies translate their values into concrete corporate practices and leadership behaviors that create sustainable competitive advantage. In partnership with LRN, companies need not choose between living principles and maximizing profits, or between enhancing reputation and growing revenue: all are a product of principled performance. LRN works with organizations in more than 100 countries and has offices in Los Angeles, New York, London, and Mumbai.
For more information, visit www.LRN.com, find us on Twitter @LRN, or call: 800 529 6366 or 646 862 2040
SOURCE LRN
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