Over 15 years of experience in corporate compliance and ethics has taught me the difference between compliance only and business ethics. Bottom line: compliance is about WHAT everyone in an organization (or other community) should and shouldn’t do, or how everyone needs to behave to avoid breaches of rules and underlying penalties. While ethics tells us WHY should we make certain decisions, behaviours, and actions, which direction is right or wrong, so that we are able to serve what is most valuable to us and others, as humans.
