erm regarding chessfield case

In the Chessfield case, a whistle blower uncovered some wrongdoing at the company, including high CEO compensation and excessive risk taking practices. It is a common practice to have a establish hotline allowing whistle blowers to report potential wrongdoing an enterprises. Do you think this a necessary practice that should be a part of ERM? What are the pros and cons of such practice?

Share your opinion about whistle blowing; Do you think this a necessary practice that should be a part of ERM? What are the pros and cons of such practice?