Ethics: The Ethics: The Fabric of Fabric of BusinessBusiness

A DVD and Discussion Guide A DVD and Discussion Guide presented by thepresented by the

Video OverviewVideo Overview SHRM Foundation’s 4SHRM Foundation’s 4thth DVD DVD Filmed at Lockheed Martin Filmed at Lockheed Martin

HeadquartersHeadquarters Featuring Wayne CascioFeaturing Wayne Cascio Comprehensive InterviewsComprehensive Interviews

Officers, Managers, and EmployeesOfficers, Managers, and Employees

Video SynopsisVideo Synopsis1.1. IntroductionIntroduction

2.2. Ethical ViolationsEthical Violations

3.3. Company Company OverviewOverview

4.4. Lead by ExampleLead by Example

5.5. Walk the TalkWalk the Talk

6.6. Good Ethics is Good Ethics is Good BusinessGood Business

7.7. Role of HRRole of HR

8.8. Business InformationBusiness Information

9.9. Advice for CEOsAdvice for CEOs

10.10. Advice for Small FirmsAdvice for Small Firms

11.11. Issues and SolutionsIssues and Solutions

12.12. Performance ReviewsPerformance Reviews

13.13. ConclusionConclusion

14.14. Five Important Five Important LessonsLessons

Lockheed Martin OverviewLockheed Martin Overview Global OperationsGlobal Operations 135,000 Employees135,000 Employees 5 Business Areas5 Business Areas

AeronauticsAeronautics Space SystemsSpace Systems Electronic SystemsElectronic Systems Information and Technology ServicesInformation and Technology Services Integrated Systems and SolutionsIntegrated Systems and Solutions

Ethics at Lockheed MartinEthics at Lockheed Martin FoundationFoundation

Corporate Vision and ValuesCorporate Vision and Values

Far ReachingFar Reaching All levels of the OrganizationAll levels of the Organization

TrainingTraining Awareness, Business Conduct, Code of Awareness, Business Conduct, Code of

EthicsEthics

AccountabilityAccountability Ethics HelpLine, Department, CommitteeEthics HelpLine, Department, Committee

5 Important Lessons5 Important Lessons Buy-in from top managementBuy-in from top management Delivery of consistent messageDelivery of consistent message Repetition through internal Repetition through internal

communicationcommunication Annual training for everyoneAnnual training for everyone Ethics component in performance Ethics component in performance

reviewsreviews

Why is management buy-Why is management buy-in critical to building an in critical to building an ethical organization?ethical organization?

ConsistencyConsistency DemonstrationDemonstration EmulationEmulation

How can organizational How can organizational communication build an communication build an ethical foundation?ethical foundation?

Management demonstrationManagement demonstration Internal accountability Internal accountability

controlscontrols Communication mediumsCommunication mediums

What are some important What are some important aspects of an effective aspects of an effective Ethics Reporting System?Ethics Reporting System?

Familiarity and Familiarity and AccessibilityAccessibility

SecuritySecurity ResolutionResolution

What role does training What role does training play in fostering play in fostering organizational ethics?organizational ethics?

Increases awarenessIncreases awareness Communicates expectationsCommunicates expectations Transfers skills and behaviorsTransfers skills and behaviors

What are the benefits of What are the benefits of linking performance to linking performance to ethical standards?ethical standards?

DiagnosisDiagnosis AccountabilityAccountability MethodMethod

How do ethical companies How do ethical companies start down the road to start down the road to becoming unethical?becoming unethical?

ManagementManagement CultureCulture EmployeesEmployees

What is HR’s contribution What is HR’s contribution to the ethical framework to the ethical framework of an organization?of an organization?

Decision-making processDecision-making process Policies and proceduresPolicies and procedures Positive work environmentPositive work environment

Defines valuesDefines values Models integrityModels integrity Creates buy-inCreates buy-in

How does the culture of How does the culture of an organization impact its an organization impact its ethical behavior?ethical behavior?

How does employee How does employee empowerment foster empowerment foster ethical decision-making?ethical decision-making?

TrustTrust Psychological contractsPsychological contracts Unbiased expertsUnbiased experts

What are the ethical What are the ethical challenges in managing challenges in managing a global workforce?a global workforce?

AdaptationAdaptation Local PracticesLocal Practices AccountabilityAccountability

HRCI CertificationsHRCI Certifications PHRPHR

Operations/Technical GeneralistOperations/Technical Generalist

SPHRSPHR Strategic/Policy GeneralistStrategic/Policy Generalist

GPHRGPHR International GeneralistInternational Generalist

SHRMSHRM Founded in 1948Founded in 1948 200,000 members200,000 members ResourcesResources

SHRM websiteSHRM website HR MagazineHR Magazine White papersWhite papers Research surveysResearch surveys SHRM Information CenterSHRM Information Center

Presented by thePresented by theSHRM FoundationSHRM Foundation

501(c)(3)501(c)(3) Founded in 1966Founded in 1966 Educational initiativesEducational initiatives

Books, videos, DVDs, and scholarshipsBooks, videos, DVDs, and scholarships

Funding of HR research projectsFunding of HR research projects >85% - published book, article, presentation>85% - published book, article, presentation