From the course: Business Law for Managers
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How to recognize and mitigate risks
From the course: Business Law for Managers
How to recognize and mitigate risks
- As a manager, you're a part of the next frontier of individuals entrusted with the support of your superiors and their belief that you can handle any situation that gets thrown your way, right? Good stuff. Well, what happens when that situation is an ethical one? What happens when you encounter an employee underneath your supervision that has violated a part of the code of ethics at your company and now you know it? How do you handle it? What are the proper steps to mitigate your exposure to liability and that of your companies? If you're in this circumstance, these are tough questions, right? In this video, we're going to discuss the steps you should take to reduce liability and ensure that when an ethics violation occurs on your watch, you've competently addressed and took action to protect everyone involved and you're ready. Now, before we get to the nitty gritty action steps, here's a quick definition of business ethics. Before you know if someone has violated them, you have to…
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