Educating for Ethics

Ann Nobles, Former Chief Ethics and Compliance Officer of Eli Lilly

 

 

Ann Nobles, Former Chief Ethics and Compliance Officer of Eli Lilly, discusses how to navigate working in a highly regulated industry. She explains the importance of educating both employees and financial stakeholders on ethical standards in order to ensure a company-wide ethical approach to business. 

Teaching Notes

Use the following prompts to facilitate a guided discussion on this installment of Walking the Talk: Insights on Putting Ethics into Practice.

What are some of the challenges of a highly regulated industry? How do strict regulations affect company culture and values? What are some of the negative effects? Are there positive effects?

Consider Ann Nobles’ use of education to reframe regulations as positive influencers of a company. How can businesses harness regulations to bolster their company ethics and integrity?

How does compliance with legal regulations interact with values and ethics at your company? Are the two mutually supportive, or do you see tension between following the law and constructing an ethical culture? Based on your experiences, how can you bolster this relationship?

Related Content

Four Ways to Use Your Power Ethically

Four Ways to Use Your Power Ethically

Does power corrupt? Not always. In fact, recent research suggests that we can change the way power affects us in order to help others and ourselves.

Leading through the Trust Crisis: Begin with Generosity

Leading through the Trust Crisis: Begin with Generosity

Around the globe levels of trust are down. Fortunately, ethical leaders can take specific actions that signal we are trustworthy. In part one of our series on leading through the trust crisis, we explore generosity, a powerful but often overlooked strategy for building trust with strangers.