Employee Feedback and the Board
This article first appeared in The Corporate Board, Jan/Feb 2003.
By Peter W. Lilienthal
The new corporate reforms mandate strong, effective reporting systems that allow employees to blow the whistle on audit and legal irregularities. Yet many corporations still have internal feedback systems that fail to measure up. Unless your employees feel free to report illegal or unethical behavior, easily and anonymously, top managers and directors may be kept in the dark.