Importance of handling soft whistle-blowing.

• Whistle blowing can enable the management

To get to know the problem while there is still
time to take remedial action.

• It can serve as corporate safety valve which

blows up before depression reaches the
dangerous level.
 ICC guideline on whistle-blowing

ICC has issued some interesting guidelines on whistle-blowing.

These encourage Enterprises to establish, within their
organization and as integral part of their integrity program,
•A formal system to handle whistle-blowing,

•Commensurate with their size and resources.

•Seeking external professional help where appropriate.

•
•Exercise should be carried out as an integral part of the
company's integrity program.
 Setting up a whistle blowing system
There are three stages to setting up a formal system.

• The Company must define its integrity policy. It should

draw up its code of ethics and business practices.

• The procedure should drawn up, guidelines drafted and

circulated among all employees.

• Most important stage is sincere and strict application of

the prescribed procedure
 Whistle blowing procedure

It include following

• Who should the whistle blower report to .

Many companies report to line manager and other designate to their chief executive
It is preferable that all report should go to a person who does not have effective Responsibility in the
organization therefore the ideal person is the head of audit committee of the company

• The format of the report

It should be kept simple and flexible allowing the reporter sufficient latitude to express his views freely

• Procedure of handling the report/ investigation

The person receiving the report should have adequate authority to get it investigated. Using internal or
external personnel. All investigation must be formal and fully documented.

• Confidentiality
It is therefore extremely important that only confidentiality must be maintained the finding of the
investigation should also be kept confidential until it is proper to formally disclose them to relevant quarter

• Sticks and carrots

The procedure must provide for due during award for an honest whistle blower, including an insurance
of protection from retaliation by affected parties. At the same time the procedure should clearly state what
consequences can a follow malicious and unfounded report.
 Advantages of handling soft whistle-blowing effectively

• It can save the Company from lot of headache and

expense
• It can give an air of confidence to the Employees
that they are working for an ethical company
• An efficient system can also weed out malicious
whistle blowers and a habitual gripers.

• All above steps lead to improve efficacy and better

control at workplace