Posts Tagged ‘#governance’
Governance 102: Environment Scanning and Strategy Development
Governance 102: Environment Scanning and Strategy Development Good governance is essential to ensure the success of any business or organisation. Part of this means taking an environmental scan. It involves analysing the external and internal factors that affect an organisation’s operations, including political, economic, social, technological, environmental, and legal aspects. By understanding the environment in…
Read MoreEffective Execution of Strategy: Key Factors for Organisational Success
Effective Execution of Strategy: Key Factors for Organisational Success Effective execution of a strategy is essential for the success of any organisation. It involves translating the organisation’s goals and objectives into specific actions and tasks that can be carried out by individuals or teams. This process is often supported by operational and business planning, which…
Read MoreGovernance and Management: Understanding the Difference
Governance and Management: Understanding the Difference The terms ‘governance’ and ‘management’ are often used interchangeably, but there are important differences between the two. Governance is the process of making and enforcing rules, regulations and policies. Management is the application of those rules, regulations and policies. Governance involves setting clear objectives, policies and procedures for an…
Read MoreThe Benefits of a Board
The Benefits of a Board The Benefits of a Board A board of directors will help you build leadership skills and take a more strategic and well-rounded view of business. If you’re in growth mode, or you have plans to grow, a good governance team will help your business reach its potential. Whether you choose…
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