Execs see risks of operating without ethical tech standards | Deloitte
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Executives recognize the greatest risk of operating without ethical tech standards can have widespread negative impacts, particularly on their people, according to a survey by Deloitte, the global consulting and financial company.
Deloitte is releasing its Ethics & Trust in Technology Survey today, and this year’s survey reveals unique insight into how ethics are top of mind for enterprise executives, and how organizations struggle with alignment on who should be responsible for developing standards.
Employee impact ranks higher than other organizational risks like reputational damage, financial loss or penalties as a concern for executives.
The report said that while tech ethics are top of mind for most enterprise executives, some organizations struggle with issues like financial resource limitations and alignment on who should be responsible for developing standards.
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Executives seem to be aware of the risks of operating without standards for developing and using emerging tech, Deloitte said. And the No. 1 concern of respondents is the potential impact on their people, ahead of other organizational risks like reputational and financial losses. The report will be available on May 18 at 5 a.m. Pacific time on this link.
Leaders surveyed prioritize tech ethics within their organizations and see a role for other departments to play in decision-making. About 75% of C-Level executives surveyed say that tech ethics are extremely
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