Let it Ride (from Good People, Bad Choices™)

Vendor selection. Using personal relationships to choose vendors.

Selecting the right vendor is strategic and often a long process. This vignette tackles the issue of using a certain vendor based on a personal relationship with the vendor. We see how this can negatively impact the organization.

Learning Path & Details

Suggested Industry Usage

Competencies

  • Ensuring Professional and Compliant Behavior
  • Promoting Ethical Conduct

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Also Available as: eLearning - TrainingBriefs®

TrainingBriefs® Ethical Choices – Violating Procedures

TrainingBriefs® Ethical Choices – Violating Procedures

New Micro-Learning! Some organizations have SOX or the Sarbanes-Oxley Act to consider when it comes to policy. All publicly traded companies are now required by law to set in place accounting internal controls – ones that measure the organization’s effectiveness. Policies, like getting three bids, is an example of the many kinds of internal controls that must be followed – noncompliance is against the law.

Training Files (5)

TitleTypeTime/PagesLanguage
Let it Ride
Video with graphics and narrator
Video Vignette02:04 min EnglishDemo
Let it Ride
Video without narrator
Video Vignette00:48 min EnglishDemo

Additional Information

Selecting vendors based on personal relationships is likely against corporate policy - not to mention possibly being a SOX/compliance issue. Companies have internal controls in place to avoid such issues. This vignette also touches on retaliation for escalating such policy infringements.


More From the Series: Good People, Bad Choices™ A Guide to Ethical Decision Making


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