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> Leading the way
introduction
> Leading the way
for our employees
> Leading the way
for our clients
> Leading the way
for our candidates
> Leading the way
for our company, our investors
and our shareholders
> Leading the way
to avoid conflicts of interest
> Leading the way
for our business partners
> Leading the way
for our industry and the marketplace
> Leading the way
for our communities, the public and as a good corporate citizen
> Leading the way
to protect our assets
> Leading the way
what to do and where to go
when you need help
Amy completed the contract for her new client, Newco, and it was being delivered to the company’s Chairman for one last review. Getting the assignment to find a new Chief Investment Officer had been grueling, but it was worth it. Amy hadn’t won anything of this size or stature for a year, and this time she used everything she had to close the deal. And also, some things she didn’t have. Those stories about the other executive search firm weren’t lies exactly: They did have lots of new faces in the healthcare group—even if the old ones were still there—and their healthcare group did drop hospital systems—even if it was because they’d created a new practice area devoted specifically to hospitals. And, she’d merely hinted to fee-sensitive Newco that the other firm’s rates had gone up—after all, how else could they pay for three entire floors of prime office space for their new headquarters in that luxurious downtown high-rise? She didn’t mean to be misleading, but Newco never pushed her for more information. If she had been pushed, Amy thought, she definitely would have told the client everything she knew. All that really mattered was that she had won an important piece of business.
> Our Commitment
By upholding the highest standards of integrity in our business practices around the world, we do our part to foster a fair and competitive marketplace. We compete vigorously, but fairly, for our business. We will not engage in or support unfair business practices, such as disparaging competitors and their services or misrepresenting the facts.
> Choosing Business Partners
We will protect our reputation by avoiding business relationships with any company or person who intentionally violates the law. Nor will we hire a third party to perform any acts prohibited by law or by our Code of Business Conduct.

Careful consideration must be given to the clients, agents, consultants and alliances with which our company becomes affiliated. Employees are responsible for familiarizing themselves, to the extent appropriate, with the background, reputation and standards of conduct of our clients, potential clients, and other companies or people that we engage to act on our behalf or otherwise do business with.
> Fair Competition
We will comply with antitrust and competition laws—laws that relate to, among other things, price discrimination, price fixing and monopolies—throughout the world. In all of our business dealings we will:
> Compete vigorously, and with integrity.
>
Avoid discussing our fees or any matter affecting our fees with competitors, with a view toward price or fee fixing.
>
Engage in accurate and truthful marketing and advertising. Deliberately misleading messages, omission of important facts or false claims about our company or our competitors are never acceptable.
> External Business Practices
Anti-Bribery
The United States is one of 34 countries that adhere to the Organisation for Economic Co-operation and Development (OECD) Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. Most countries in which we operate are party to this agreement, which requires them to adopt laws prohibiting bribery of government officials in any country and to maintain accurate books and records. We will comply with these laws as well as any other anti-bribery laws that apply in the countries in which we do business.

We will not, directly or indirectly through another party, offer or make any corrupt payments to government officials, including employees of state-owned enterprises and candidates for political office. These requirements apply to all of our directors, executive officers, partners, employees, consultants and other agents, no matter where they are doing business.
Boycotts and Trade
We will comply with anti-boycott laws that prohibit our company from participating in—and require us to report to the authorities any request to participate in—an international boycott (i.e., a boycott of a country or businesses within a country). If you receive such a request, report it to the Chief Legal Officer.

We also will not engage in business with any government, entity, organization or individual where doing so is prohibited by applicable law.
> Truth in Marketing
Our clients and candidates depend on us to be absolutely honest about our qualifications, our capabilities and competencies, the goals of a search, what we say we can do, and how we say we are going to get it done. Any one company can effectively raise standards and respect for its entire industry, or lower them. Heidrick & Struggles chooses to lead the way in improving our industry.

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© 2006 Heidrick & Struggles International, Inc.