Companies need good leaders to promote values amid slow policy-making

Christel Lagdameo, ABS-CBN News

Posted at May 02 2019 06:50 PM

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MANILA - Good leaders usher their team to ethical growth in an age where innovations at times outpace policy-making, an executive of global cosmetics brand L'Oreal has said.

With the fast-paced growth of companies today, lawmakers are finding it difficult to catch up, and so it is up to business leaders to promote values in the workplace, L'Oreal chief ethics officer Emmanuel Lulin told Cathy Yang in an exclusive interview for ANC's The Boss.

"Today on a number of subjects, the law is late, insufficient and sometimes inexistent. This is the case for instance, for biotechnology, for big data, for artificial intelligence. The law is not fast enough," Lulin said.

"A boss should be an honest leader and raise a culture where members of the organization, instead of obeying the rules, agree to values... In the absence of law, you make decisions according to your values," Lulin added.

L'Oreal is one of few companies that employ an ethics expert as part of its management, a practice that should be observed on a larger scale, Lulin said.

Catch the full interview on ANC's "The Boss" 7:30 p.m., May 2, with replays every Thursday 11:30 p.m., Friday 3:30 a.m. and 1:00 p.m., Saturday 4:00 a.m. and 6:00 p.m., Sunday 11:30 a.m., and Monday 9:30 a.m.. The Boss is also available on Iwant.ph and TFC.tv.

Watch full episodes of The Boss on ANC and iWantTV