Maintaining Strong Governance

Corporate Governance is a critical element in improving economic efficiency and growth as well as enhancing investor confidence. In practical terms, strong governance requires a system of controls and mechanisms by which people are held to account. Strong governance starts with the board but extends well beyond the boardroom. Corporate bodies discharge their responsibilities to stakeholder where there is a fine balance between shareholders, directors and management. Authority cascades down from the board to the CEO and the executive management team and throughout the organisation. It is not just a matter of ticking a series of boxes or getting tied up in red tape and bureaucracy to meet the regulatory requirements. Professionals involved in this important area need to keep up with changes in regulation and legislation, market practice and expectations. Our consultants in applying our practical governance process will help generate a best practice culture and ethics from the boardroom and beyond. In summary, strong governance practice requires four essential elements 1. Transparency 2. Accountability 3. Stewardship and 4. Integrity. There is no single model for one size fits all approach. It involves establishing the practices to make and carry out corporate decisions. Those decisions need to be monitored as does the organisation's performance. Horizon2technologies can help you implement strong governance in Adelaide. Get in touch today for a confidential chat on (08) 8311 3948 or alternatively send an email enquiry to h2t@horizon2technologies.com.au and we’ll get back to you as soon as possible.