By Ashley Mazerolle, Marketing –
Hi everyone! Nowadays, honesty and integrity are essential for organizations to thrive. When businesses are transparent with their customers and partners, trust is established, which ultimately leads to profitability. However, the unfortunate reality is that corruption has become a widespread issue for many businesses worldwide. The World Bank reports that corruption is the most significant obstacle to economic and social development, as it distorts markets, stifles economic growth, debases democracy, and undermines the rule of law.
To maintain a clean record, organizations should implement policies that prevent corruption. Many businesses are unaware of the cost of corruption and bribery, which accounts for 10% of global business costs and 5% of global GDP, including more than $1 trillion USD in annual bribes. It’s crucial to put a stop to corruption, and one way to do this is by implementing an anti-corruption program.
The anti-corruption program aims to train employees and contractors to recognize signs of illicit behavior and activities. For example, it should outline how to handle issues of fraud, extortion, conflicts of interest, money laundering, gifts, and charitable contributions. An effective anti-corruption program should also include interaction with other companies and programs to share ideas and experiences. By working together, we can combat the cost of corruption more effectively.
EyeDetect™ is the latest lie detection tool that businesses can use as part of their anti-corruption program. It’s a unique device that analyzes an individual’s eye behavior while sitting at a computer, responding to true or false questions. EyeDetect™ has been extensively tested and found to be 85% accurate in determining deceptive persons. By supplementing your anti-corruption program with EyeDetect™, you can keep your business clean.
In conclusion, honesty and integrity are crucial for the success of any business. Implementing policies that prevent corruption is a necessary step in maintaining a clean record. By doing so, businesses can create relationships of trust with customers and business partners, which leads to profitability. Remember, the cost of corruption is high, but by working together and implementing an anti-corruption program, we can keep our businesses clean and ensure economic and social development. Let’s fight corruption together!
Photo by /Andrea Ferrario