Board of Directors and Adjustments in Tyco’s Programs
It would have been possible for the board of directors to see the adjustments taking place in programs at Tyco. This would have been so if the board of directors had appropriate mindsets and activity. Tyco’s programs were a weakness in the organization. These programs provided benefits to officers and other employees. The financial programs were opportunities for Kozlowski’s illegal financial transactions and unethical business practices.
The board of directors should have examined these programs to evaluate their appropriateness. The directors should have identified the programs’ weaknesses and loopholes, which Kozlowski and other officers exploited for their own personal benefit for years. Thus, the ineffectiveness of the board of directors in examining Tyco’s programs enabled Kozlowski’s unethical business practices.