Video Vignettes ID: 848

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.

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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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Competencies

  • Ensuring Professional and Compliant Behavior
  • Promoting Ethical Conduct

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