GEN Z MORE LIKELY TO ENGAGE IN UNETHICAL CONDUCT IN WORKPLACE - RESEARCH

 

KUALA LUMPUR, May 14 (Bernama) -- A new report by LRN Corporation revealed significant challenges in workplace ethics, with nearly a quarter (23 per cent) of employees worldwide agreed that “it is OK to break the rules if needed to get the job done” and 14 per cent admitted to had actually “engaged in behaviour that violated their company’s Code of Conduct or standards” in the past year.

The report also found that 22 per cent of Gen Z respondents engaged in unethical conduct in the past year in the workplace, compared with just nine per cent of Boomers.

A leader in ethics and compliance (E&C) solutions, LRN Corporation in a statement said the results suggested an inverse trend between this mindset and age, with Gen Z 2.5 times more likely to agree with breaking the rules than Boomers.

The research found that companies with strong ethical cultures have lower rates of observed misconduct and report their observation at a rate 1.5 times higher than those in companies with weak cultures (93 per cent compared to 63 per cent).

Globally, one-third (33 per cent) of respondents had observed misconduct or unethical behaviour in the past year, with harassment, discrimination, conflicts of interest, and employee health and safety violations cited most frequently.

Of those, one-fifth (21 per cent) did not report their observation because they did not think their company would do anything about their concern (36 per cent) or handle it effectively (30 per cent), or because they feared retaliation (36 per cent). These trends overwhelmingly signal a lack of trust in the system of procedural justice within the organisation.

The research also probed employees’ perceptions of artificial intelligence (AI) and its place in work and on careers, while a slight majority believe AI will have a positive impact, employees who view their companies as adaptive and resilient are nearly two times more receptive to the potential benefits of AI in their workplace and career opportunities.

The report also uncovered several other notable findings include a large majority (79 per cent) of employees who observed misconduct reported their observation, with most raising their concern to either their direct manager or another manager in the company (77 per cent combined).

In addition, the research highlighted that psychological safety was the greatest predictor of whether employees would report misconduct they had observed; and hybrid employees have more positive perceptions of their company’s ethical culture than their fully in-office peers.

The findings are included in the company’s latest Benchmark of Ethical Culture Report, which is based on a comprehensive survey of more than 8,500 employees at major organisations and corporations in 15 different countries, and from 13 different industries.

-- BERNAMA

AM BEST TO SHARE INSIGHTS ON PHILIPPINE INSURANCE MARKET AT MANILA SUMMIT

KUALA LUMPUR, May 6 (Bernama) -- Global credit rating agency, AM Best will be providing key insights on the Philippine insurance market at the Philippine Insurance Summit 2024 taking place on May 30, at the New World Makati Hotel in Manila.

In a statement, AM Best said its Financial Analyst Susan Tan will provide a market segment outlook report for the Philippines and discuss its insurance segment during a presentation at the summit.

A Singapore-based analyst for the credit rating agency, Tan oversees a portfolio of rated insurers that operate in the Asia Pacific region.

Its Asia Pacific Chief Executive Officer and Managing Director, Rob Curtis will also be in attendance. Also based in Singapore, Curtis is responsible for AM Best’s strategic market development for the region.

With the theme "Navigating the Future: Trends, Technology, and Transformation in the Rapidly Evolving Landscape of Insurance,” the daylong event will explore emerging trends, challenges, and opportunities shaping the future of insurance.

The insurance summit is a collaboration between the Insurance Institute for Asia and the Pacific (IIAP) and the Philippine Insurers & Reinsurers Association (PIRA).

-- BERNAMA

AZUL INTELLIGENCE CLOUD BOOSTS DEVOPS EFFICIENCY WITH INSIGHTS FROM PRODUCTION RUNTIME DATA ACROSS ENTIRE JAVA ESTATES

Powerful DevOps analytics solution now supports Oracle JDK and any OpenJDK-based distribution

SUNNYVALE, Calif., May 2 (Bernama-BUSINESS WIRE) -- Azul, the only company 100% focused on Java, today announced that Azul Intelligence Cloud, Azul’s cloud analytics solution which provides actionable intelligence from production Java runtime data to dramatically boost developer productivity, now supports Oracle JDK and any OpenJDK-based JVM (Java Virtual Machine) from any vendor or distribution.

Businesses are under pressure to accelerate application innovation cycles and optimize their development resources, while simultaneously ensuring the security of their applications and customer data. Azul’s Intelligence Cloud consists of two services which address these challenges for Java applications running in production:

· Azul Vulnerability Detection, to eliminate false positives by accurately identifying and prioritizing known security vulnerabilities; and
· Code Inventory, to help identify unused and dead code by precisely detailing what custom and third-party code is actually run.
 
“We clearly see the benefit that Azul Intelligence Cloud delivers to our customers by helping their DevOps teams save an immense amount of time and increasing their productivity,” said Ed Tybursky, managing partner at Remend, an independent Oracle advisory firm. “The ability to efficiently triage vulnerable code and identify unused code for removal from telemetry across an entire Java estate, regardless of JDK distribution or vendor, is a crucial capability that enables DevOps teams to effectively focus their time and attention.”

“Enterprise IT teams need accurate, unified insights they can put into action to improve efficiency and control costs,” said Jevin Jensen, IDC research vice president, Intelligent CloudOps. “A solution that can reduce false positives found in most vulnerability scanning enables DevOps, SRE and CloudOps teams to focus on the actual Common Vulnerability and Exposures (CVEs) that are executed by production applications. By avoiding code paths that are never executed, teams can move faster and reduce remediation costs.” 

http://mrem.bernama.com/viewsm.php?idm=48500

YAMATO HOLDINGS FREIGHT SERVICE BETWEEN SOUTHEAST ASIA, EUROPE TO REDUCE TRANSIT TIME

KUALA LUMPUR, May 2 (Bernama) -- Tokyo-headquartered Yamato Holdings Co Ltd has launched an international multimodal transport service by truck and rail connecting Southeast Asia and Europe on May 1.

The service was introduced to build a resilient global supply chain between Southeast Asia and Europe, in which the new transportation option offers seamless connectivity for the customers.

According to a statement, Yamato Holdings has helped customers build their global supply chains across 24 countries and regions.

In addition, its group company, Overland Total Logistic Services (M) Sdn Bhd in Malaysia has been providing cross-border truck transport services utilising container trailers between Southeast Asian countries and China since 2001.

Moving forward, the company will continue to propose solutions that optimise the customers' entire global supply chains, aiming for total logistics cost reduction, production efficiency improvement, and environmental impact reduction.

By utilising Overland Total Logistic Services' truck transport network for the Southeast Asia-China segment and partnering with rail service providers for the China-Europe segment, Yamato Holdings will provide seamless transportation through the delivery destinations.

This solution has shorter transit times than maritime transport via the Cape of Good Hope, and lower cost and less greenhouse gas emissions than air transport.

-- BERNAMA