Corporate Values & Principles
IOD will propagate and promote the following among its membership:
- Professionalism—aiming at the highest degree of competence and
proficiency in the execution of all our undertakings as leaders of our
organizations. At a personal level, a commitment to continuous learning towards continuing improvement in ones knowledge and practice in the directing of enterprises.
- Integrity—which lies at the core of leadership and is characterized by honesty, truthfulness and straight forward dealing with every person under all circumstances.
- Courage—the
ability to act boldly in the face of setbacks and adversity. Winston Churchill said ‘courage is rightly considered the foremost of virtues for upon it all others depend’.
- Accountability—the readiness by the leadership to be held to account and to give an account of the stewardship of the resources of the enterprise.
- Transparency—ensuring that the organizations we lead are open about their activities, they comply with all relevant laws and regulations, and that they meet the information needs of their stakeholders.
- Fairness and justice—treating all the stakeholders of our organizations including employees, clients, suppliers, creditors, shareholders and local communities reasonably and justly.
- Responsibility — providing leadership that is capable, competent, responsive and fully conscious of its obligations.
- Probity—ensuring that the undertakings of our organizations are honest and have integrity.
- Zero
tolerance to corruption—a commitment to create a working environment hostile to corruption and dealing firmly with and eliminating all incidents of corruption and bribery in the organizations we lead.
- Social Responsibility—ensuring that the organizations we lead are sensitive to and do respond to the needs of society.
- Environmentally
sustainable practices—leadership is mindful of its obligations to preserve and safeguard the environment as it pursues its economic endeavors.
- Diversity—acknowledging and optimizing on the variety, multiplicity and dynamism of our peoples and communities.