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MBEA Conference Calls for Nominees. Two call in opportunities: Feb 11 at 3 p.m … or… Feb 13 at 1:30 p.m. Conference call system : Call in toll free: 877-594-8353 Participant passcode: 94699085 then # Just follow the prompts and you’ll be ready to conference call! .
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MBEA Conference Calls for Nominees • Two call in opportunities: • Feb 11 at 3 p.m… or… Feb 13 at 1:30 p.m. • Conference call system: • Call in toll free: 877-594-8353 • Participant passcode: 94699085 then # • Just follow the prompts and you’ll be ready to conference call!
Welcome to the 2014 Nominee Conference Callwww.mnethicsaward.org Minnesota Business Ethics Awards (MBEA) Organizing Sponsors
Past MBEA Recipients 2004 IN Food Marketing & DesignBest Buy Co., Inc. 2003 Carlson Companies, Inc.MedSource Technologies, Inc. 2002 S&W PlasticReell Precision Manufacturing Corp.HealthPartners 2001 Window Lite Home Improvements Inc.Karlsson Consulting GroupMedtronic Inc. 2000 Minnesota Craftsman Painting Inc.Upsher-Smith LaboratoriesLockheed Martin Naval Electronics 2009 Keystone SearchTwo Men and a TruckRJF Agencies Inc.Park Nicollet Health ServicesSt. Jude Medical 2007 Hollstadt & Associates, Inc. 2008 Lakeview BankRon Clark Construction & DesignAffinity Plus Federal Credit UnionThe Toro Company 2006 General Dynamics Advanced Information SystemsELCA Board of PensionsPremier Bank 2005 The Awes Agency, Inc.Gray Plant MootyPentair, Inc. 2013 Cresa Affinity Plus Federal Credit Union Cummins St. Francis Regional Medical Center 2012 Murphy Automotive Western National Insuarnace Schwan Foods 2011 Platinum Group Klein Bank Mosaic Company 2010Certes Financial ProsGreat Clips, Inc.Imation Corp.
15th MBEA Awards Luncheon Wednesday, May 14, 2014 • Nicollet Island Pavilion • Keynote: Mary Brainerd • CEO of HealthPartners • Register online: www.mnethicsaward.org
Value of the Awards Luncheon • Learn from the examples of other firms. • Network with peers. • Get insights from our keynote speaker. • Use the luncheon for team building. • Join in promoting the importance of ethical business conduct in Minnesota. May 14, 2014
The MBEA Process • Judging criteria and entry forms online • www.mnethicsaward.org • Submit Entry Electronically • Deadline is March 27 • Judging during April • Finalists notified in late April • Recipients are announced at the luncheon • Awards luncheon – Wednesday, May 14, 2014
Evaluating entries…. • Judging Panel Composition • Roughly 3 from business and 2 academics • Preliminary Panel for each category may forward up to 3 finalists for that category • Finalist Panel reviews all finalists from all categories and selects the award recipient for each size category • Judges rely on the information you submit.
Evaluating Entries • Entries evaluated for each size category • Small (<100), Medium (100-500), Large (>500) • For example, a small company only competes with other small companies.
Guiding Concepts for the Awards • The U.S. Federal Sentencing Guidelines • The Minnesota Principles
U. S. Federal Sentencing Guidelines (1991 and 2004)Seven Minimum Steps • Establish standards & procedures 2. Make high-level individuals responsible 3. Exercise due care in delegating authority 4. Communicate and train 5. Monitor, audit and report 6. Consistently enforce (discipline) • Take appropriate corrective action …create a culture of ethics and compliance…
Minnesota Principles General Principles Stimulating economic growth is the particular contribution of business to society Fairness Honesty Respect for Human Dignity Respect for the Environment Source: Center for Ethical Business Cultures, 1992 Stakeholder Principles 1. Customers 2. Employees 3. Owners/Investors 4. Suppliers 5. Communities 6. Competitors
Required Entry Information Entries are confidential Section 1 – Basic company information Official entry form with Attestation by Executive Section 2 – Mission & Values (What you say you stand for) Section 3 – Ethics & compliance ‘program’ (How you do what you say you stand for) 8 pages Section 4 – Demonstration of Excellence in Stakeholder Balancing Relationships (How well you’ve done it) 6 pages This section very important !!!
Advice for Applicants • Developing your entry can be a great opportunity to “self-examine” your company’s “values in action.” • Tell your own story (judges not looking for some ideal) • Pay close attention to Tab 4 -- “How well you do what you say you stand for.”
Typical Concerns • We don’t have an “ethics/compliance program” -- we’re too small. • Seems like a lot of work ! • What do we get out of this ? • ???????
Getting Answers to Your Questions • FAQs on the web site • Check with your Liaison • Contact a member of the steering committee
Judging Criteria and Entry Form mnethicsaward.org/judging-criteria/ Submit Entry Online by March 27 Register for Luncheon Online www.mnethicsaward.org