Lone Star Analysis Honored at Business Ethics Event

Photo courtesy of TrizCom Public Relations
Photo courtesy of TrizCom Public Relations

Addison-based Lone Star Analysis was honored as one of four honorees at the 16th Annual Greater Dallas Business Ethics Awards (GDBEA), and was the only Corridor-based company to be honored on May 17, at the Westin Galleria Hotel.

Thirty companies were nominated this year, and the 2016 honorees were: Imprimis Group, Lone Star Analysis, Staffelbach and UR Holdings.

GDBEA presented the inaugural winner of the Cary M. Maguire “Spirit of Ethics” Award, which recognizes a company that demonstrates and champions above-and-beyond ethical practices, to Staffelbach. This new level of recognition is named for Dallas businessman, philanthropist and longtime GDBEA supporter Cary Maguire.

Lone Star Analysis provides insight for customers in the technology, defense, aerospace and energy industries. Various executives with large financial responsibilities rely on Lone Star. They are an internationally recognized company that spans the globe. They empower organizations to make better choices in strategy, operating, maintenance, distribution, pricing, bidding, and buying.

The keynote speaker for the program was Richard Bowen, identified by “60 Minutes” and “The Wall Street Journal” as the Citigroup whistleblower who repeatedly warned Citi executive management about risky business practices and potential losses related to mortgage lending before 2008.

The ballroom at Greater Dallas Business Ethics Awards, photo courtesy TrizCom Public Relations
The ballroom at Greater Dallas Business Ethics Awards, photo courtesy TrizCom Public Relations

A panel of judges, representing academia, business, and previous award winners, reviewed submissions containing nominee ethics policies, programming, communications and review practices. A team of students from the Posey Leadership Institute at Austin College conducted site visits and interviews with the entrants. A Better Business Bureau review and qualifying rating of B+ or above is also a standing requirement for all nominees. Subsequently, the panel convened to determine those whose entries demonstrated a superior standard of ethics in action.

“These companies are great examples of ethics at work,” said Michael Webb, chairman of the award program. “They exemplify businesses operating under ethical principles and doing the right thing for their company and related stakeholders. Their work reinforces the positive, ethical values of our local business community.”

Past winners include: Atmos Energy, Balfour Beatty Construction, Benjamin Franklin Plumbing, Brinker International, Castro Roofing of Texas, CDG & Associates, Community Management Associates, Complete Landsculpture, Corgan Associates, The Container Store, Daisy Brand, Dave & Buster’s, DHD Films, EDS, Ellis: Partners in Mystery Shopping, Fluor Corp., Haven Home Health Inc., Interstate Batteries, HKS, Hospice Plus, Kahn Mechanical, Karlee, Kimberly Clark, Loveable Smiles, MRP Facility Services, Purdy-McGuire, ReGeneration Partners, Sleep Experts, The Richards Group, The Staubach Company, TD Industries, TELOS Fitness Center, Texas Institute for Surgery, Trammell Crow Company, TXU, Weir’s Furniture Village and Wishbone Graphics.

The Dallas program has produced an unprecedented nine winners of the national American Business Ethics Award (ABEA) program, and, in fact, has more national ethics award honorees than any other affiliated program in the United States.

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