Connecting the Dots Between Compliance, Ethics, and Organizational Culture

Posted on Thursday, August 18, 2016 7:59 PM

Ethics and compliance are different, yet they relate to an organization’s culture. The best way to describe the difference between the two is that compliance is about “remaining in accord with the laws” and ethics is about “doing the right thing.”

In chapter 8 of the U.S. Sentencing Commission’s Guidelines Manual, it outlines the significance of both compliance and ethics within an organization. It states: “To have an effective compliance and ethics program, an organization shall (1) exercise due diligence to prevent and detect criminal conduct; and (2) otherwise promote an organizational culture that encourages ethical conduct and a commitment to compliance with the law.”

Additionally, leadership is the key component for the culture of the organization. Vivek Wadhwa said: “Corporate executives and business owners need to realize that there can be no compromise when it comes to ethics, and there are no easy shortcuts to success. Ethics need to be carefully sown into the fabric of their companies.” This statement has also been said about compliance.

Although leadership is responsible for an organization’s culture, there are other ways an individual can shape the culture. For example, showing respect toward others and addressing issues in a timely manner. Everyone contributes to the role in creating an ethical and compliant culture.

Corridor’s Consulting Services delivers proven expertise to help you streamline your business processes, ensure quality outcomes, and optimally position yourself for future growth. Contact us to learn more.

Additionally, the CorridorComply web-based tool identifies your program from basic to advance in each of the OIG’s 7 Elements of an Effective Compliance Program. Contact a Corridor representative today to learn more about how CorridorComply can help ensure that your organization is on a strong path toward compliance excellence!

For the full article, click here.

About Corridor

Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!

For additional information, please contact Corridor at 1-866-263-3795.

Go Back

Explore Corridor’s Solutions

Share This Story, Choose Your Platform!