Anti-bribery Management System program is suitable to be implemented in
any organization. Considering that the nature of an organization differs from
one another, the International Organization for Standardization established the
standard in such a system that it can be appropriate to different organizations
and can be integrated with different management systems. Since ISO 37001
addresses to bribery in the private or public sector, bribery by the
organization, within the organization, and by the personnel, it is reasonable
to think that the standard is applicable to all types and sizes of the
organizations.
Organizations that wish to implement such a system will have the
opportunity to:
Promote trust and confidence - organizations that implement an anti-bribery
management system are more likely to be reliable when it comes to cooperating
with potential partners because the risk of bribery is lower. Organizations
that have anti-bribery policies in place promote trust and are more likely to
sign agreements with other organizations, rather than with organizations that
do not have anti-bribery policies in place. Moreover, individuals who are
certified ISO 37001 Lead Implementers or ISO 37001 Lead Auditors are more
reliable when it comes to helping organizations implement an ABMS or perform
audits on an ABMS.
Implement the necessary measures designed to prevent, detect and address
bribery - organizations that implement an ABMS according to ISO 37001
requirements will be able to implement the necessary measures to reduce bribery
risk by preventing or detecting the risk before it negatively impacts the
organization. Moreover, ISO 37001 standard, guides and provides requirements
for taking these measures based on the nature of the bribery risk that the
organization might face.
Avoid reputational damage - by implementing an ABMS based on ISO 37001; an
organization will avoid reputational damage, which is a consequence of being
involved in bribery. Considering that organizations’ reputation is extremely
important for their longevity, an effective anti-bribery management system will
be helpful in avoiding reputational damage.
Avoid cost - organizations that implement an anti-bribery
management system will save money by refusing to pay bribes and by not having
to implement costly procedures.
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