Martin Luther King Jr. once said, “There is nothing more dangerous than to build a society with a large segment of people in that society who feel that they have no stake in it; who feel that that have nothing to lose. People who have a stake in their society protect that society, but when they don’t have it, they unconsciously want to destroy it”. When the whistleblowers speak up because they feel they have a stake in the company.
When setting up policies, a company needs to have a clear definition and optimum balance between prescription, clarity, and flexibility. You may follow legal or regulatory purposes or whether to devise their descriptions.
Whistleblowing is not on the routine operation. A company should run whistleblowing on a unique and separate track. According to the Institute of Chartered Accountants in England and Wales, you will need to define the followings during policy preparation:
1) Who can report.
2) What can be reported.
3) Anonymity and confidentiality.
4) Method of reporting.
6) Remedial action.
7) Feedback to whistleblowers.
8) Other reporting.
9) Behaviours, and
10) Rights of accused.
The act of whistleblowing may seem ill-famed; it could present company advantages. Concerning it as a wake-up call revealing inconvenient truths, whistleblowers may save your company from reputation disaster and even business.
Insights may be given to the company when the company interprets information. It may trigger meaningful discussion. Companies are suggested to review their whistleblowing policy regarding staff engagement, effective operations, and governance.
Excluding the number of whistleblowing reports in the assessment, scores will provide shrewdness beyond figures.
Katharine James, CSMP®, a Senior Leader in the BBC and currently the Head of Governance in the Safety, Security and Resilience Department, has shared her experience that everyone understands the zero-tolerance policy retaliation can ensure a successful whistleblowing program. Strategic corporate planning gives guidance to operational ethics: whistleblowing checks and balances your company’s systems and bureaucracy.
By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, Twitter: ANewR – Everyday Newer, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)