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.
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?
Like most universities with Division I athletics, Notre Dame doesn’t need to look far to find alumni making their mark in competition after graduation. But sports as an industry is big business - with big challenges, and ever-expanding opportunities for ethical leadership. We sat down with alumni working in the industry along with faculty member and NDDCEL Fellow Professor Brian Levey…
This is the challenging question posed by Kirsten Higgins, ND ’14, during her insightful interview on the present and future of renewable energy. She expanded on this question noting that as more companies become attuned to the costs—tangible and intangible…
It’s clear by now that ESG (environmental, social, and governance) factors are part of the 21st century business landscape. You can’t stroll through business or investing sites without coming across the term, but a simple commitment to ESG is not going to be enough for companies to justify their social license to operate. Consumers, especially Gen Z who have considerable market power, have gotten savvy to ‘greenwashing’ and ‘social washing’ by major companies and are demanding more transparency…
