The last quarter of this year we're going to do something completely different: We're going to assign courses dependent upon job function. For example, if you're in sales, you're going to get a course assigned to you called "ethical selling." If you're involved in trade compliance, you're going to get a comprehensive trade compliance course. So we're digging down deeper to those functional areas that we think could benefit from more detailed training.
Q&A Talking Ethics at Tyco Electronics By Melissa Klein Aguilar board meeting we discuss what’s going pendent upon job function. For example, on with the ethics and compliance pro- if you’re in sales, you’re going to get a I n the latest of our conversations with compliance and governance execu- tives, we talk with Richard Suminski, gram, which results in good discussions and feedback. At least once a year I do the same with the audit committee, as course assigned to you called “ethical selling.” If you’re involved in trade com- pliance, you’re going to get a comprehen- deputy general counsel and chief ethics well as the full board to talk about enter- sive trade compliance course. So we’re and compliance Officer of Tyco Electron- prise risk management and compliance. digging down deeper to those functional ics, about the establishment of that com- About every six weeks, too, we have areas that we think could benefit from pany’s ethics and compliance function, a meeting with the more detailed training. following its spin-off from Tyco Inter- compliance commit- DETAILS At the end of every on- national in 2007. The discussion is below tee made up of all se- line training module, and readers can also visit our archive of nior management: the employees are asked Q&A interviews. CEO, the CFO, the Company to do a few closing general counsel. They » Tyco Electronics items. One, they have Compliance Week: Tyco Electronics ask lots of good ques- to take a short quiz be- spun off from the parent company, tions. So both from a Headquarters fore they can move on Tyco International, three years ago. board of directors and » Schaffhausen, to reinforce retention. How has your ethics and compliance senior management Switzerland Secondly, they have function evolved over that time? level, there is lots of » the opportunity to ask interaction and great Revenue questions and com- Richard Suminski: About a year before feedback. » $10.2 billion ment on the training, becoming a separate company, we start- while still fresh in their ed by first taking a look at Tyco Inter- Talk about your Employees mind, so if something national’s Guide of Ethical Conduct as training programs. » 78,000 may not be understand- a foundation, and then wrote a guide to able or a translation is a make it more specific to Tyco Electronics Initially, when we be- Website little off, they can let us and our industry. We spent a lot of time came an independent » tycoelectronics.com know about that. Last- doing that, involving focus groups from company, to lay the ly, if anything needs to all around the world. It took a full year proper foundation,
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