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Importance of Ethical Behavior Continues to Be Critical

FOR RELEASE: June 26, 2006

Media Contact: Jean McHale
  ISM Public Relations
  800/888-6276, Ext. 3143
  E-mail: jmchale@ism.ws

Institute for Supply Management™ ethics survey results reinforce the need for ongoing commitment to support existing ethical practices

TEMPE, Ariz., June 6, 2006 — Institute for Supply Management™ (ISM), as part of its mission to lead supply management, reports on the importance of ethical practices and their influences on behavior within companies and organizations in its new ethics survey. The survey, entitled Social Responsibility and the Supply Management Profession: A Study of Barriers and Drivers to Ethical Practices, can be found on ISM's Web site on the Social Responsibility page (www.ism.ws/sr) under the Research link.

Complementing the April 2004 baseline study, entitled Social Responsibility and the Supply Management Profession, the recently released ethics study was designed to provide supply managers and senior managers with specific information on barriers and drivers to ethical behavior within their organizations. The goal of the survey is to explore and understand what is happening on the ethics front and draw conclusions to help management become more effective in ensuring ethical behavior.

"Supply professionals and their management can use this practical information to support and improve their own endeavors toward ethical practices across their enterprise," said Carla S. Lallatin, C.P.M., ISM Ethical Standards Committee chair. "Of particular importance is the strong emphasis on individual employee values supported by organizational cultures that promote corporate citizenship to drive ethical practices. The survey results also point out the negative impact of an organizational culture that focuses on short-term gains."

As the oldest and largest supply management institute in the world, the mission of Institute for Supply Management™ (ISM) is to lead supply management. By executing and extending its mission through education, research, standards of excellence, influence building and information dissemination — including the renowned monthly ISM Report On Business® — ISM continues to extend the global impact of supply management. ISM's membership base includes more than 40,000 supply management professionals in 75 countries. Supply management professionals are responsible for trillions of dollars in the purchases of products and services annually. ISM is a member of the International Federation of Purchasing and Supply Management (IFPSM).



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