BIRDS EYE VIEW.
Setting and monitoring of a road map, risk management leading to sustained business growth and future sustainability
Corporate governance works effectively for strategy formulation, risk management, performance management, business development, care of assets, decision making, organizational behavior, Culture, competency of board and Senior management, legal and statutory compliance
Advantages of Corporate Governance
• Brings in family governance for sustainability of the business
• From a Board for compliance only to a Board that sets direction, manages risk, preserves assets, policy, manages performance and continually develops business and generates growth, makes decisions with necessary skills set contribution
• Sets a clear line between the Overseer (Board) and day to day running (Management)
• Increases accountability at each layer of the business and therefore performance
Setting and monitoring of a road map, risk management leading to sustained business growth and future sustainability