Whistleblower programs that operate outside of an ethics and compliance function can expose an organization to a set of risks that can ultimately impact reputation, according to Keith Darcy, an independent senior advisor to Deloitte & Touche LLP, and Maureen Mohlenkamp, a principal with Deloitte LLP. Putting in place rigorous protocols and procedures from the start, especially those involving helpline and hotline communications and case follow-ups, and applying them consistently, is essential.
Read full article via the Wall Street Journal here.