[Cover Story] GE ethics of Conduct
Bracket Danny Stone, senior vice president and chief legal officer GE
From the company's long-term strategic management issues common to the attorney collaboration must be
Article Date 10/09/2010 15:39:24
GE is a global leader in the United States in-house lawyers (In-house counsel) to 1200 million. The company's management principles is a `law 'by the management. As a result, 30 thousand employees around the world in which GE has built 100 years' psychiatric ethics pledge (The Spirit & The Letter) `must be based on activities. Pledge violates the law or policy is likely to be firm, corporate lawyers, auditors, ombudsmen are mandates to notify deungege.
GE legal organization, the head of the bracket, Danny Stone, senior vice president and chief legal officer MBA recently met hollow `GE` against the law, was interviewed by the management. He practiced law at home and abroad, including all business Social Responsibility, has led to government business.
GE management's reliance on Justice how many.
Danny Stone, "GE business units within all basically in the business lawyer's advice and opinions based on a collaborative approach is being made by" and "long-term strategy of the company, as well as everyday business decisions based on the opinions Legal issues , "he was introduced.
"The regulation of the global economy, especially since the financial crisis is expected to strengthen further," said "Change is always available to regulatory trends and respond appropriately to be updated from time to time in-house legal knowledge," he said.
In short, in-house lawyer for the company occupies a very important part in leadership and strategic business partners of employees the story.
What is the key role of lawyers. Danny Stone, "a complex legal issues to business units carry a concise message that must be replaced as part of business risks, legal issues need to be recognized," said "solutions for both risk and should be presented to," he said .
"The lawyers for the department through which staff can create value quickly and flexibly so that should help," he advised.
GE's HR, strategic planning, risk management, business practices and legal teams to participate in all business processes are mandates. Through this law and avoid compliance risk was to build an early warning system. GE's beopgyeongyoung core business through ethics policies, procedures, regulations dealing with customers and suppliers, to government business, fair employment practices, environment, health and safety regulations, intellectual property protection, insider trading and all staff Notice all the details are acting tips.
Innovation in the legal field to pursue. GE called silrekteu (Select) and Symphony (Symphony) is representative. GE silrekteuneun lawyers around the world with data on key legal issues quickly when they occur outside the top to receive expert advice has been. The symphony for the intellectual property strategic management process that integrated. GE through the Symphony process have been paying to keep a thorough in-house property.
Global companies overseas to focus on what is legally the most.
T Dennis "The biggest risk in emerging market risk and legal risk of corruption," said "The staff make decisions based on professional ethics for online and offline to help put the emphasis on ethics education," he was introduced.
In corporate compliance violations and legal issues such as what should we do to prevent.
T Dennis "The legal problems can be prevented in advance,` The Matrix `checks and balances work by creating a cross-type peuroseseusang automatically legal issues that must be checked," he advised.
At this point the core of the matrix to ensure our customers the benefit of a thorough focus should be.
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