English | 2022 | ISBN: 1399400959 | 289 pages | True PDF EPUB | 13.79 MB
An examination of the true role of governance as a driver of high-quality strategic decision-making, which can help an organization achieve its strategic objectives more efficiently and effectively.
Many boards approach the subject of governance from a compliance perspective, which leaves value lying on the table. When boards complain that "we're spending too much time on governance", what they're usually referring to is 'compliance'. A compliance focus leads to an emphasis on governance as an area of subject-matter expertise, a cost, an overhead, a back-office activity, something which 'has to be done' to satisfy regulation and Code. It manifests itself through a culture of box-ticking. Directors and senior management perceive, and derive, little value from the exercise.
