The impact or result of any approach to corporate governance must be the measure of success. But this can be difficult.
Crucial to understanding how effective measures are, is understanding who they impact.
Boards need to ensure they are listening to their stakeholders and end clients or users – and not on a one off basis – but continuously.
Read more to understand how Boards and organisations can keep up with best practice in measuring impact.
Compliance is key for effective corporate governance, but it is not the only consideration.
Without transparency an organisation cannot have a sustainable approach to governing.
Championing tone at the top is the key to enacting change and so Boards should lead by example.