The Pros and Cons of Self Policing
Self Policing refers to a setting whereby an organization is fully liable for its compliance to ethical, safety, and legal standards. The inverse of self policing is when an organization outsources specialists to perform an analysis on whether the organization has complied with the accepted standards or not.
What advantages does self-policing provide?
It ensures liability
It is easy for an organization to control its failures when an individual or a group within the organization is given the responsibility of ensuring compliance than when an outsider is given that job.
In the event that the organization outsources specialists to assess compliance, the organization incurs the cost of doing so. But in the event that the organization embraces self-policing, it is a very good item in the budget because there are no costs associated with doing so.
On the flip side, what are some of the disadvantages of self-policing?
Self-policing can ruin an organization’s reputation
There are instances of negative publicity when the organization regulates its misdeeds. This can disastrously affect how people perceive an organization.
Possible chances of mistrust from the public
In the event that the company has widespread effects on the environment, and even itself, public perception can work against it. If it happens that there was an accidental violation and the company did not bother to report that compliance issue, it may seem like a way of getting away with a serious crime and hence loss of trust.
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