Get the free Code of business conduct and ethics - Mylan

Code of business conduct and ethics Milan Global Compliance Emerging Markets Code of business conduct and ethics Key concepts and values Our mission At Milan we are committed to setting new standards

How to fill out code of business conduct

How to fill out a code of business conduct:

1. Begin by gathering a team: Establish a committee or task force consisting of key stakeholders within the organization, including executives, managers, and human resources professionals. This team will be responsible for drafting and finalizing the code of conduct.
2. Identify core values and principles: Start by identifying the core values and principles that guide the organization. These may include integrity, honesty, respect, diversity, and accountability. These values will serve as the foundation for the code of conduct.
3. Conduct a risk assessment: Identify potential risks and ethical dilemmas that employees may face within the organization. This may include conflicts of interest, bribery and corruption, antitrust violations, data privacy concerns, and more. Understanding these risks will help tailor the code of conduct to address them effectively.
4. Develop policies and guidelines: Once the core values and risks have been established, develop specific policies and guidelines that outline expected behaviors and actions. These policies should cover a wide range of topics, such as conflicts of interest, gifts and entertainment, confidentiality, discrimination and harassment, and compliance with laws and regulations.
5. Provide clear examples and case studies: To ensure clarity and understanding, provide employees with real-life examples and case studies that illustrate the expected behaviors outlined in the code of conduct. This can help employees better comprehend and apply the principles in their day-to-day work.
6. Seek input and feedback: Prior to finalizing the code of conduct, seek input and feedback from employees at all levels of the organization. Encourage open communication and listen to their perspectives and suggestions. This will foster a sense of ownership and commitment to the code of conduct.
7. Train employees: Once the code of conduct is finalized, conduct comprehensive training sessions to educate employees about the expectations and principles outlined in the code. This training should be interactive and engaging, and should include hypothetical scenarios and quizzes to test employee understanding.

Who needs a code of business conduct?

1. All organizations: A code of business conduct is necessary for any organization, regardless of its size or industry. It serves as a set of ethical guidelines that govern the behavior and actions of employees.
2. Employees: All employees within an organization need to familiarize themselves with and adhere to the code of conduct. It provides them with a clear framework for making ethical decisions and helps maintain a positive and ethical work culture.
3. Employers: Employers also benefit from having a code of conduct in place. It helps promote a culture of integrity, protects the reputation of the organization, reduces legal and reputational risks, and ensures compliance with applicable laws and regulations.
4. Stakeholders and business partners: A code of conduct is also relevant for stakeholders and business partners who interact with the organization. It establishes clear expectations and standards of behavior for these external parties, ensuring alignment with the organization's values and principles.

In summary, filling out a code of business conduct involves gathering a team, identifying core values and risks, developing policies and guidelines, seeking input and feedback, and training employees. Every organization, its employees, employers, and stakeholders can benefit from having a code of conduct in place.

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