INTRODUCTION
TO THE STANDARDS OF GLOBAL BUSINESS
PRACTICES
What are the Standards
of Global Business Practices?
The Standards
of Global Business Practices
are the New Schering-Plough’s guide to company policies
and the legal requirements that govern how we conduct business
around the world. They are the foundation of our commitment
to business integrity. The Standards
are not intended to describe every detail of every law, regulation
or company policy that may apply to you. To learn more about
applicable laws, regulations or company policies, see the
additional resources identified throughout the Standards
with the  ,
ask your immediate supervisor, the Law department or your
local Compliance Officer. You may also contact the Integrity
Action Line which is described more fully on page 44. A complete
listing of company policies is available to you on the company
intranet at http://corporate.schp.com/policies.
How do these Standards relate to
the six Leader Behaviors we must exhibit in everything we
do?
The Standards
are in some cases “values based” and in others
“rules based,” but all are designed to assure
compliance with laws, regulations and company policy. These
values and rules become living parts of Schering-Plough’s
business when incorporated into the six Leader Behaviors.
The Leader Behaviors are 1) Shared Accountability and Transparency;
2) Cross-Functional Teamwork and Collaboration; 3) Coaching
and Developing Others; 4) Listening and Learning; 5)Benchmark
and Continuously Improve; and 6) Business Integrity. Some
or all of the six Leader Behaviors will play a role in assuring
compliance. The Leader Behavior, Business Integrity, is the
cornerstone on which the Standards
are built. |
