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In the past, governance may have been understood as meeting the legal and regulatory demands placed on organisations by regulators and legislators. Today governance involves taking proactive steps to:
Taking this broad approach, governance can be defined as the process and structure used to direct and manage the business of an organisation with the goals of ensuring its financial viability and enhancing shareholder value. Equally important, it encompasses the impact of key strategic decisions on all stakeholders, from investors and employees to customers, suppliers and the public.
Using our governance framework, we can assist with the assessment of an organisation’s Corporate Governance strategy and the identification of gaps. We can also assist with the design and implementation of a practical and operational model as well as a system of continuously monitoring effectiveness and compliance.