How does whistleblowing help my organisation is a question we
often have to answer, along with "how much?". We see real
numbers from customers showing that whistleblowing is beneficial
and receive feedback such as this:
"Through the investigation we improved the internal control
and stopped further losses."
Whistleblowing helps organisations to limit financial losses,
protect future profitability, build trust, prevent unacceptable
misconduct and minimise risks. Of course, we cannot divulge
specific customer cases, but in this short article we will look at
three sources that do put a number on how much whistleblowing
helps.
How does whistleblowing help society?
Recent news from the International Consortium of Investigative
Journalists (ICIJ) that the Panama Papers have helped governments
around the world to recover more than USD 1.2 billion in fines and
taxes is a clear indication of the value of whistleblowing to
society.