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Six Corporate Governance Principles to Improve Your Organisation

Nicole Brooke - Sunday, April 24, 2016

Corporate governance refers to the systems and processes embedded in an organisation to control, monitor and minimise risk.  It is more than just ticking boxes and having good paperwork.  Corporate governance principles of effective and efficient organisations include;

  1. Acting ethically and responsibly;
  2. Ensuring transparency and accountability;
  3. Recognising and managing risk;
  4. Ensuring correct board composition and structure;
  5. Strong quality management framework; and 
  6. Clearly defined purpose and strategy.
It doesn't take much to be develop strong leadership approaches to corporate governance.  Whether you are for profit or not for profit, private or public, volunteer or publicly listed.  The principles remain the same.

It be happy to help work through these with you if you have NOT scored 100%- theres some work to be done!! nicole@agedcareconsultancy.com.au

 

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