Post by account_disabled on Mar 12, 2024 3:07:30 GMT -6
The era of business and technology is constantly changing, which is why it is important for the industry to understand and admit, in some cases, that there has been a need for responsible and transparent ethical practices in almost all large companies.
For example, Google France Mobile Number List was founded almost more than 20 years ago, but they released their first public ethical technology report last year. Facebook, for its part, emerged from a Harvard dormitory in 2004, but last month it formally launched an ethics program with a public investment.
This is why, in recent years, consumers have demanded ethical actions in companies and, consequently, an ethics director to help establish corporate ethical frameworks, solutions and principles.
According to the Fast Company portal , there are four basic reasons why companies should design ethical frameworks supported by an ethics director and thus regulate innovation inside and outside a company:
1. Select a committed leader
Companies should select an internal leader who goes by the name of chief ethics officer. This person is in charge of getting directly involved with products or solutions on a daily basis.
While CEOs and other executives should invest fully in creating ethics in technology. And the position definitely shouldn't fall on anyone's existing badge: leading ethics initiatives should be a core part of the selected leader's job, not a line item on their resume or a corporate attempt to fill a gap.
2. Build trust through transparency
Once the chief ethics officer is selected, it is easier to provide transparency, otherwise the actions they wish to communicate will be trapped if public issues arise.
Companies must figure out how to manage organizational design to protect employees and provide transparency to stakeholders; investors and customers. Internally, it is crucial to develop policies and mechanisms to clearly communicate how, why and when technologies that change the status quo will be introduced. Doing so will ensure that employees do not feel overwhelmed by machines and that everyone understands the complementary roles of automated technology.
3. Eliminate bias with tests for your collaborators
Companies must test and monitor technologies for biases, take stock of where they occur, remove the data sets that create them, and put a human-led plan into action to correct them. The people, data and technologies that drive the global economy depend on human ingenuity to work.
Companies that develop automated technologies and employ algorithms, in particular, need to operate with a clear focus on bias prevention. In practice, ethics leaders and their teams should actively monitor the data sets that inform algorithms and human interactions, and take steps to eliminate bias as soon as possible.
4. Work with universal ethics
Ethical innovation and the frameworks that guide it should be inspiring and practical. People-building technology must be motivated to create ethical solutions from the beginning. And if they don't, every person in the company should feel empowered to raise concerns with their own leadership.
Everyone, from the CEO to the new junior employee, must be held accountable for operating within ethical frameworks. If a situation arises, for example, when the CEO requests something that falls outside an established framework, the chief ethics officer must have the authority to reject the request on ethical grounds, and this must be widely respected within the organization.
In conclusion, companies must determine the real impact of their technological tools, create internal mechanisms that correct or avoid the negative side effects of their innovation.
Additionally, they need to create internal corporate structures that include accountability, transparency and honesty. Design ethical frameworks and have a CEO in charge of this; will now help companies around the world avoid problems that could affect the survival of their businesses in the future.
For example, Google France Mobile Number List was founded almost more than 20 years ago, but they released their first public ethical technology report last year. Facebook, for its part, emerged from a Harvard dormitory in 2004, but last month it formally launched an ethics program with a public investment.
This is why, in recent years, consumers have demanded ethical actions in companies and, consequently, an ethics director to help establish corporate ethical frameworks, solutions and principles.
According to the Fast Company portal , there are four basic reasons why companies should design ethical frameworks supported by an ethics director and thus regulate innovation inside and outside a company:
1. Select a committed leader
Companies should select an internal leader who goes by the name of chief ethics officer. This person is in charge of getting directly involved with products or solutions on a daily basis.
While CEOs and other executives should invest fully in creating ethics in technology. And the position definitely shouldn't fall on anyone's existing badge: leading ethics initiatives should be a core part of the selected leader's job, not a line item on their resume or a corporate attempt to fill a gap.
2. Build trust through transparency
Once the chief ethics officer is selected, it is easier to provide transparency, otherwise the actions they wish to communicate will be trapped if public issues arise.
Companies must figure out how to manage organizational design to protect employees and provide transparency to stakeholders; investors and customers. Internally, it is crucial to develop policies and mechanisms to clearly communicate how, why and when technologies that change the status quo will be introduced. Doing so will ensure that employees do not feel overwhelmed by machines and that everyone understands the complementary roles of automated technology.
3. Eliminate bias with tests for your collaborators
Companies must test and monitor technologies for biases, take stock of where they occur, remove the data sets that create them, and put a human-led plan into action to correct them. The people, data and technologies that drive the global economy depend on human ingenuity to work.
Companies that develop automated technologies and employ algorithms, in particular, need to operate with a clear focus on bias prevention. In practice, ethics leaders and their teams should actively monitor the data sets that inform algorithms and human interactions, and take steps to eliminate bias as soon as possible.
4. Work with universal ethics
Ethical innovation and the frameworks that guide it should be inspiring and practical. People-building technology must be motivated to create ethical solutions from the beginning. And if they don't, every person in the company should feel empowered to raise concerns with their own leadership.
Everyone, from the CEO to the new junior employee, must be held accountable for operating within ethical frameworks. If a situation arises, for example, when the CEO requests something that falls outside an established framework, the chief ethics officer must have the authority to reject the request on ethical grounds, and this must be widely respected within the organization.
In conclusion, companies must determine the real impact of their technological tools, create internal mechanisms that correct or avoid the negative side effects of their innovation.
Additionally, they need to create internal corporate structures that include accountability, transparency and honesty. Design ethical frameworks and have a CEO in charge of this; will now help companies around the world avoid problems that could affect the survival of their businesses in the future.