On July 24, more than 80 risk and compliance officers, human resources professionals and UD alumni, faculty and staff members gathered on the Texas Instruments (TI) campus in Dallas for the Satish and Yasmin Gupta College of Business Sustainable Business Network (SBN) summer networking event. In his talk titled Ethics: Beyond Words and Slogans, TI Vice President and Director of Ethics David Solomon spoke about the challenges and successes TI has faced in striving to promote an ethical culture across its organization.
"A true commitment to ethics comes from the top," Solomon told the attendees, who hailed from a variety of local companies that included AT&T, Bell Helicopter, Cucina Antiqua, Fidelity Investments, PepsiCo, Oncor and Sabre. TI's leaders establish the tone at the top by communicating to the entire company their own commitment to doing business the right way.
Part of Solomon's job is to travel to TI sites around the world, speaking with employees and leaders to help them understand the importance of ethical behavior and the company's code of conduct.
In 2015, for the ninth year in a row, Ethisphere Magazine named TI one of the worlds most ethical companies; additionally, for the 12th consecutive year, Fortune ranked TI second in industry on its Worlds Most Admired Companies list. Solomon believes these accolades to be a direct result of ethics being such a high priority for everyone in the company. TI has always had an open-door policy, reinforced by 13 mostly anonymous channels through which employees can communicate concerns about ethics or compliance.
TI unabashedly carries its message of ethical business practices around the world, sometimes into countries or cultures where employees might be reluctant to report a compliance issue. Sharing this commitment far and wide also helps to recruit quality employees.
"They want to work for a good company," said Solomon.
The SBN is an open forum for building relationships, exchanging best practices and fostering dialogue around issues of corporate social responsibility, sustainability and eco-innovation, and corporate governance. It hosts quarterly events and panel discussions on relevant topics led by recognized industry experts.
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