In this video, we'll explain what is a Whistleblower and about the Whistleblowing policy, its benefits, the process involved in whistleblowing, and much more.
What is a Whistleblower?
A whistleblower is an individual or a group of individuals working within an organization who expose certain illegal activities like corruption, fraud, scams happening within an organization.
What is a Whistleblowing Policy?
A whistleblowing policy is a set of rules or guidelines given to stakeholders (like employees, vendors, contractors) of an organization that gives them the authority to raise their voice against any unethical practices like fraud, scam, corruption, etc., happening within the organization.
What activities are considered illegal under the whistleblowing policy?
- Corruption
- Fraud
- Account forgery
- Inside trading
- Any kind of harassment and discrimination.
- Sharing inside information to an outsider… and so on.
What are the two types of Whistleblowing?
- Internal whistleblowing- Where a whistleblower reports any suspicious activity within an organization to organizational heads like HR head, CEO, etc.
- External whistleblowing- Where a whistleblower reports any suspicious activity in an organization to outside agencies such as media, courts, etc.
Further, we discuss the advantages and disadvantages of the whistleblowing policy, certain barriers that prevent whistleblowing policy, and finally, conclude with a classic example of whistleblowing.
So, make sure you watch the video till the very end!
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