Let it Ride

Let it Ride

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.

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Type:Video Vignettes
Learning Path:Ethics & Compliance
Main Topic:Ethics
Other Topics:Compliance
Competencies:Promoting Ethical Conduct, Ensuring Professional and Compliant Behavior
Suggested Industry Usage:Industrial & Manufacturing
Subject:Vendor selection. Using personal relationships to choose vendors.
Source Program:Good People, Bad Choices™ A Guide to Ethical Decision Making
Languages:English Portuguese (Brazilian) French (Canadian) Spanish (NA)
Trainer Comments: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.

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