October 05, 2005
Ethics are the Heart of Sarbanes-Oxley
There is much talk about lack of clarity of rules and guidance re: Sarbanes-Oxley. The real issue is that the law is a move to try to change a rules based mentality in the US business arena to a principles based approach. This is much maligned by many because there are no loop holes in this approach. Your conscience is your guide.
The HR department along with the Internal Audit Department have become much more important. Both should play important roles in "Entity Level" controls - those principles and behavior that should guide all actions in a corporation.
"Harrison: Sarbanes-Oxley Offers 'Golden Opportunity' for HR Execs
10/3/2005 By Brian E. Clark
WisBusiness.com Steven G. Harrison, chairman of the international outplacement service Lee Hecht Harrison, says he is an optimist. He says he believes that most people -- including those who run corporations -- want to do the right thing.He argues that cynics who say "business ethics" is an oxymoron are wrong. And that the guys who ran Tyco, Enron and WorldCom were the exception. And he says the Sarbanes-Oxley business reforms offer the opportunity for human resources executives to be a guiding force for ethical practices.
"HR people can push leadership training, keep an eye on compensation and be lightning rods for creating an ethical culture and locking it in as a strategic value," he says. Harrison was in Milwaukee to speak to the Society for Human Resource Management state conference last week at the Midwest Airlines Center. Lee Hecht Harrison has eight offices in the state."
For the complete article, click here.
For information on a superior Sarbanes-Oxley solution including those hard to document and manage "Entity Level Controls" see www.issuescentral.com to learn more about Compliance Playbook(tm).
The HR department along with the Internal Audit Department have become much more important. Both should play important roles in "Entity Level" controls - those principles and behavior that should guide all actions in a corporation.
"Harrison: Sarbanes-Oxley Offers 'Golden Opportunity' for HR Execs
10/3/2005 By Brian E. Clark
WisBusiness.com Steven G. Harrison, chairman of the international outplacement service Lee Hecht Harrison, says he is an optimist. He says he believes that most people -- including those who run corporations -- want to do the right thing.He argues that cynics who say "business ethics" is an oxymoron are wrong. And that the guys who ran Tyco, Enron and WorldCom were the exception. And he says the Sarbanes-Oxley business reforms offer the opportunity for human resources executives to be a guiding force for ethical practices.
"HR people can push leadership training, keep an eye on compensation and be lightning rods for creating an ethical culture and locking it in as a strategic value," he says. Harrison was in Milwaukee to speak to the Society for Human Resource Management state conference last week at the Midwest Airlines Center. Lee Hecht Harrison has eight offices in the state."
For the complete article, click here.
For information on a superior Sarbanes-Oxley solution including those hard to document and manage "Entity Level Controls" see www.issuescentral.com to learn more about Compliance Playbook(tm).
