the guiding philosophies behind why governance exists and how it operates.
FOURPsOFCORPORATEGOVERNANCE
People
Purpose
Process
Performance
People
Exist on every side of the businessequation. They are the founders, the board, the stakeholder and consumer and impartial observer
Purpose
Every piece of governance exists for a _____ and to achieve a _____.
Process
Refined over time in order to consistently achieve their purpose, and it’s always smart to take a critical eye to your governanceprocesses.
Performance Analysis
A key skill in any industry. The ability to look at the results of a process and determine whether it was successful (or successful enough), and then apply those findings to the rest of your organisation.
Governance
Includes all the practices, processes and policies that help you guide your business in the right direction
Approaches to Governance (2)
• DoItYourself
• MoreStructured
Four actionable steps to build a robust modern governance infrastructure for today’s needs