1. Ethics: The Fabric of Business
A DVD and Discussion Guide presented by the

2. Video Overview SHRM Foundation’s 4th DVD
Filmed at Lockheed Martin Headquarters
Featuring Wayne Cascio
Comprehensive Interviews
Officers, Managers, and Employees

3. Video Synopsis Introduction Ethical Violations Company Overview
Lead by Example
Walk the Talk
Good Ethics is Good Business
Role of HR
Business Information
Advice for CEOs
Advice for Small Firms
Issues and Solutions
Performance Reviews
Conclusion
Five Important Lessons

4. Lockheed Martin Overview
Global Operations
135,000 Employees
5 Business Areas
Aeronautics
Space Systems
Electronic Systems
Information and Technology Services
Integrated Systems and Solutions

5. Ethics at Lockheed Martin
Foundation
Corporate Vision and Values
Far Reaching
All levels of the Organization
Training
Awareness, Business Conduct, Code of Ethics
Accountability
Ethics HelpLine, Department, Committee

6. 5 Important Lessons Buy-in from top management
Delivery of consistent message
Repetition through internal communication
Annual training for everyone
Ethics component in performance reviews

7. Why is management buy-in critical to building an ethical organization?
Consistency
Demonstration
Emulation

8. How can organizational communication build an ethical foundation?
Management demonstration
Internal accountability controls
Communication mediums

9. What are some important aspects of an effective Ethics Reporting System?
Familiarity and Accessibility
Security
Resolution

10. What role does training play in fostering organizational ethics?
Increases awareness
Communicates expectations
Transfers skills and behaviors

11. What are the benefits of linking performance to ethical standards?
Diagnosis
Accountability
Method

12. How do ethical companies start down the road to becoming unethical?
Management
Culture
Employees

13. What is HR’s contribution to the ethical framework of an organization?
Decision-making process
Policies and procedures
Positive work environment

14. How does the culture of an organization impact its ethical behavior?
Defines values
Models integrity
Creates buy-in

15. How does employee empowerment foster ethical decision-making?
Trust
Psychological contracts
Unbiased experts
What are unbiased experts? Not clear.

16. What are the ethical challenges in managing a global workforce?
Adaptation
Local Practices
Accountability

17. HRCI Certifications PHR SPHR GPHR Operations/Technical Generalist
Strategic/Policy Generalist
GPHR
International Generalist

18. SHRM Founded in 1948 200,000 members Resources SHRM website
HR Magazine
White papers
Research surveys
SHRM Information Center

19. Presented by the SHRM Foundation
501(c)(3)
Founded in 1966
Educational initiatives
Books, videos, DVDs, and scholarships
Funding of HR research projects
>85% - published book, article, presentation