It is our experience that some contractors deprioritize proactive investments in their ethics and compliance programs prior to the occurrence of an ethics or compliance event.
Unfortunately, it is also our experience that contractors that minimize investment in E&C often suffer the consequences of a compliance or ethics event and the resulting crisis. These events can be costly to resolve, distract attention from the mission, drain resources and negatively impact the organization’s reputation. Often, though, these events could have been prevented with a far less significant investment prior to the crisis. Moreover, contractors that have invested in ethics and compliance fare much better when and if an event ultimately occurs.