boeing ethics case study

Ethical business conduct is at the very core of how we do business. Company policies and procedures strictly prohibit offering any courtesy that could be misinterpreted as an attempt to gain an improper business advantage, and include elevating thresholds of management approval. It is imperative that we compete on the merits alone. Electronic cards, or e-cards, can be used by all employees to recognize colleagues for speaking up and demonstrating leadership.Boeing offers a number of confidential channels for seeking guidance or reporting concerns about possible violations of regulations or company policies. To ensure we maintain effectiveness and continually enhance this area, compliance monitoring and assessments are built into all levels of the business.Senior leaders of every Boeing business and function are responsible for identifying, analyzing, raising and addressing key compliance issues. After Condit's resignation, Boeing initiated various steps to regain the confidence of the public. Boeing specifically asks about employees’ perceptions of retaliation for reporting wrongdoing and of their management’s support of ethical decision-making to ensure a culture of openness and accountability.Focused surveys are also deployed to collect further details about employees’ perceptions of the Boeing culture.Managers use the feedback to initiate conversations with their team, identify actions to improve the employee experience and fully engage the team to contribute their best every day. Boeing maintains policies and procedures to encourage employees to report concerns and seek guidance, using confidential and, when preferred, anonymous methods, including contacting local ethics advisors, using toll-free phone numbers and accessing web-based portals. In mid 2003, Boeing faced allegations of ethical misconduct once again. Boeing policies and procedures require that all hiring decisions be made fairly, ethically and in accordance with all relevant laws and regulations. Those contacting Boeing may choose to remain anonymous or self-identify.The Boeing Ethics Line (1-888-970-7171) is staffed during U.S. business hours (8:00 a.m. to 6:30 p.m. Central time, Monday through Friday) and is available to Boeing employees, suppliers, contractors or other Business Partners inside and outside of the company.U.S. The company was also well-known for the values and ethical code of conduct it had laid down.However, the company came under criticism on several occasions for its alleged unethical practices. Additional precautions, including Law Department review, are taken for hiring decisions involving current or former non-U.S. government officials, representatives of non-U.S. airlines, officials of public international organizations and their relatives.The Boeing financial management system is designed to assure, among other things, that company resources are effectively and efficiently managed and that reporting requirements are satisfied with integrity and reliability and in compliance with all relevant laws, regulations and generally accepted practices and principles. Terms and conditions in those agreements must include warranties of compliance with all applicable anti-corruption laws.

The tools and resources include:While we are committed to performing all business in accordance with relevant laws and regulations and provide our employees with a robust set of internal policies, we believe that it is our commitment to operating with integrity that ensures our long-term business success.Every year from January to February, managers and employees meet to review and discuss Boeing expectations to keep promises, hold ourselves and each other accountable, and model ethical behavior. To ensure those relationships comply with applicable laws, the company has detailed requirements for creating, maintaining and renewing international consultant relationships. Presented in 18 languages with an interactive library.Boeing’s global reach includes customers in approximately 150 countries and employees and operations in more than 65 countries.SUSTAINABILITY: ENVIRONMENTAL, SOCIAL AND GOVERNANCEThe 2020 Boeing Global Engagement Portfolio highlights ongoing, companywide efforts that build, enhance and contribute to the social fabric of our world.Bringing new ideas to life through technology advancements, disruptive market strategies, and venture partnerships.At Boeing, ethical business conduct isn’t just a part of what we do—it’s at the very core of how we operate. The third ethical principle violated by Boeing is the precautionary principle.

In 2002, Boeing's Board of Directors (BoD) comprised of 11 directors out of whom 9 were independent directors.