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I totally agree with the elegant answer added by Mr. Vinod Jetley.
Of course, in a perfect world, wrongdoing would never happen. However, this is a far from the perfect world and whistleblowing policies are being accepted across both the private and public sectors as an essential element of risk management that can be used in tackling fraud and crime.
As Mike Low, Director of BSI British Standards, says: "Every organization faces the risk of something going wrong. Rather than shying away from whistleblowing, good organisations know that allowing employees to raise issues in a supportive environment brings real benefits."
So, having a policy in place in advance of any necessity, which both employees and management understand and have bought into, means that you will look neither naive nor lacking in trust. Do it right and you will in fact both look and act as a wise and fore-armed pragmatist.
Let the words of Steve Bundred, Chief Executive of the Audit Commission, reassure you: "Our experience has shown repeatedly that good whistleblowing arrangements are a vital component of good internal control arrangements within well run organisations. Whatever the issue or concern may be, providing a framework through which staff can confidently raise concerns is fundamental to delivering good governance in public services."
Corporate whistleblowing, globally considered as one of the best tools to ensure good corporate governance.
So a company with a "good transparency policy" should have a whistleblowing policy.
No, I think this is typical for certain countries, If the organization is to big or not transparent enough you need to resolve this, NOT with whistleblowing.
The principle of transparency in the work
Fair competition within the market
The application of laws and regulations
Improve performance
All linked
Check the principle of reward and punishment
I cannot generalize and say every company should have such policy. This really depends on the operation mode of the company, its business model and its culture This policy should be assessed for its potential benefits/disadvantages before such a decision becomes clear whether to go for it or not , and under what circumstances
The policies are essential to protect from adverse situation arising out of it.....agreeable with experts answers.
The truth probably lies somewhere between - whistleblowers do call attention to genuine abuses of power by decision-makers in business and government. They do often suffer retaliation for their ethical resistance. However, whistleblowers may often be wrong in their accusations and their motives are not always pure. Their actions can disrupt a workplace, and may cause serious harm to individuals wrongly accused.
Yes, I think every organisation or company should have a 'whistle blowers' policy and indeed it is being formulated in many companies and organisation now a days. It is good for the company its stakeholders and for the general public.
Ethically, if we see any wrong doings, we should report it and people do get appreciated for it. But its not the case every time. If the wrong doings are favoring the company, profitable, higher hierarchy is involved or they are quite deeply infiltrated in the organisation, then the trouble starts. The ones who take courage to describe it as unethical and wrong gets singled out, persecuted, harassed and sack. So in order to protect them the policy is essential.
It is a good thing when some one makes his or her boss aware of problems in the company and something gets done about it ...
Most the time ... the employee is called a whiner ... gets fired for the next best reason ... nothing gets done about the problem and now is called a disgruntled employee ... even if there is a policy in effect.
I have seen employees complaining about situations and reported it to OSHA and all HR did about it was bad mouthing the employee and everything went back to the way it been run before OSHA did its inspection...
Most employees fear for there job and therefore all the policies in place will not help.. unless you know for a fact how far the corruption goes and get some one to notice who cares and does something about it...
some even disappear or get killed ... like a resent one blowing the whistle on the US gov. and being called a traitor, but than what was done about the47 State Senators which unlawfully tried to change a part of the constitution ... they have not been charged with treason ...
Where is one to draw the line ...
The Policy is designed to ensure that you can raise your concerns about wrongdoing or malpractice within the Council without fear of victimization, subsequent discrimination, disadvantage or dismissal.
There is no need of whistle-blowing policy for every company, it depends on their working policies.