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Standards of Responsibility
Over the past year the steady drumbeat of news about corporate wrongdoing has had a profound impact on the U.S. economic picture. Stories of executive indictments, massive layoffs and retirement funds going up in smoke have resulted in doubt in the mind of the public that corporations can manage themselves effectively. And, while I firmly believe that the number of wrongdoers is very small, their impact has been widely felt. One thing I've learned over three decades in business is that you can spend years building a relationship of trust, only to see it vanish overnight.
Last fall I delivered a speech on business ethics to the midshipmen of the U.S. Naval Academy. In it I described how, as Chairman and CEO of CACI International Inc, I address corporate ethics. I'd like to share some of these insights.
No. 1: At CACI ethics are embedded in our corporate mission and operations. They are not a veneer that is applied when the product is completed. Over the 40 years we've maintained a successful place in the business community, our widely published "Operational Philosophy" has placed "integrity and honesty above all else." From my office to every level of management and support, there is a firm commitment to conducting business in a way that reflects the values of our company.
No. 2: We set standards and we adhere to them. Our corporate values, spelled out in our "Corporate Credo" and "Business Values" statements, present a clear model for the conduct of every member of the CACI team. Our standards include: Demanding accountability from all employees, starting at the top. Ensuring that the same rules apply to everyone. Requiring rigorous adherence to legal, regulatory and contractual requirements. Correcting mistakes - and punishing wrongdoers. Finally, we know that our reputation is paramount - all employees know that maintaining the company's reputation is a primary objective of their daily work.
No. 3: Ethics is a part of everything we produce. At CACI, when we provide products and services, we're also creating value for our clients. Two-thirds of our work is for the U.S. defense and intelligence communities in the areas of communications, technology and engineering services, with a specific focus in managed-network services, knowledge management and systems integration. So when we deliver quality products or competently complete sensitive assignments we support U.S. servicemen and women around the world. In some cases, the very lives of our warfighters depend, at least in part, upon the quality of CACI's work.
These are volatile, unpredictable times. Rapid technological advances, an uneasy economic market and increasing globalization present new challenges to companies and the people who manage them. I have always believed, however, that even though changes may occur in our marketplace or in our technologies, certain fundamental values remain. Ethics sustain sound business principles and entrepreneurial spirit.
They are also the vehicle for earning and maintaining the trust of all of our stakeholders - shareholders, clients, employees and vendors. American business must regain the trust and confidence of its stakeholders in order to flourish once again.
Under the leadership of Dr. Jack London, CACI International Inc (CAI) has grown into a sharply focused information technology company dedicated to providing advanced information systems, systems engineering and logistics sciences to government markets throughout North America and Western Europe.