The Compliance Podcast Network (CPN) and the Center for International Private Enterprise (CIPE) are bringing you Business Integrity Innovations. This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.
In this episode, Tom and Michele Crymes visit with Odeh Friday, Country Director, Nigeria for the Accountability Lab. Their discussion emphasizes the importance of maintaining integrity and transparency in business to promote accountability. Trust and ethical standards in business dealings are crucial for building trust with stakeholders and the broader community. The trust deficit within the private sector highlights the need for ethical behavior. The conversation also touches on ongoing collaborations with state governments on procurement processes, including initiatives like open contracting to ensure better accountability. However, they identified a need to shift focus from merely holding the government accountable to encouraging ethical practices within business communities.
Key Highlights:
- The Role of Trust and Integrity in Business
- Collaborating with State Government on Procurement
- Challenges in Community and Business Ethics
Resources
Odeh Friday
Odeh Friday on Linkedin
The Accountability Lab-Nigeria
CIPE