23. May 2012 11:09
There is little argument about the need for and benefits of effective governance to an organization’s bottom line. But sustaining governance processes is a major challenge.
Usually governance processes are measured in hindsight. This is like looking in the rear view mirror to decide the path ahead. What is needed is “proactive governance” where feedback from governance processes is provided in real-time.
Generally there are two broad groups of people involved with governance:
1. Those who set the goals and policy framework, develop aggregated reporting mechanisms, monitor... [More]
21. May 2012 10:32
Many organizations spend a lot of time and effort evolving policies, processes and workflows to ensure that their organization is being effectively governed. But how can they be certain that these governance practices are actually being implemented?
Unfortunately the consequences of poor governance can be severe. Risks can unknowingly reach unacceptable levels, time can be wasted on missed and remedial actions, and reputations can be tarnished.
In most cases, people at the working level implement governance practices directed by managers. Managers need to... [More]