How does Baxter benefit through ethics and compliance?
Lori Reber: Baxter has long known that compliance is a competitive advantage and is essential for a sustainable business. Many business partners want to work with companies that hold high standards – that they can trust to do the right thing. Likewise, patients, physicians and the public expect companies to act ethically and according to the law. Celina Teh: Our aspiration is for Baxter’s commitment to ethics and compliance to be a competitive advantage. We’re very committed to this from the top down, and across the board. We want to be ahead of the curve, helping to raise the bar within the industry. We want key opinion leaders to say we should work with Baxter due to superior products and strong ethical practices. Of course, there’s sometimes a belief that changing practices from what competitors might be doing could put us at a disadvantage. For example, an employee might believe that if they don’t take a doctor to an expensive restaurant and their competitor does, they could lose s
