Drag is everywhere in business.
Every time an employee is unable to produce or sell or make a decision, drag is created.
A good compliance program reduces drag. With a simple code of conduct and clear policies, employees understand what is expected and how to do it.
A good ethical culture is even more effective. By creating trust, employees are willing to take calculated risks, which lead to innovation, which in turn allows a company to outperform its competitors.
Do you know someone who blames the E&C department for slowing down business? Tell them to think again.