Initiategovernancepractices

Practice is always a combination of people and how they are used to doing things.

As hyperconnectivity is the very nature of the digital organization, cross-silo collaboration is crucial to build and sustain a dynamic workplace in which collaboration happens in that space between people in relationships receptively and thoughtfully interacting with interest and care for one another’s needs and activities.

The most effective digital workplace is in which sharing and collaboration are the norms, understand, and recognize that everyone plays a “piece of the pie,” inspire teamwork and collaboration which are the route towards building a people-centric organization.

       Initiate Governance Practices

Initiategovernancepractices Running business is complex nowadays, there is a myriad of information, conflicts, and change inertia in the modern business environment. As business leaders today can’t predict every turn or curve that the organization will face. Strong governance ensures that the organization is running in the right direction with premium speed.

Initiategovernancepractices (II) Governance is about steering the organization in the right direction. Corporate governance discipline can fulfill its purpose as a high-level business enabler by providing a structured communication bridge between shareholders/investors and top business leaders such as corporate directors. How to enforce the organizational governance discipline depends on the nature, scale, and complexity of the organization, as well as understanding its risks and conduct.

Initiategovernancepractices (III) Modern corporations are massive, complex, interdependent dynamic ecosystems. Corporate governance discipline can fulfill its purpose as a high-level business enabler by providing a structured communication bridge between shareholders and corporate directors.

Integralreputationriskpractices Due to the overwhelming growth of information and the updated technology in the internet age, reputation management, brand protection, and risk governance become increasingly intertwined and crucial. Every staff has responsibility for their own reputation and corporate reputation; but sometimes reputation goes beyond our control. Reputation is part of risk management. It’s important to shift mentality from “risk-avoidance” to “risk management” and risk intelligence, and take an integral approach to manage risk smoothly.

Innategovernancepractices It is a continuously changing world, organizations face both unprecedented opportunities to grow and hyper-competition/great risks to survive. No organizations can afford to stick to the old ways of doing things. The directorship in any organization must have the ability to guide, inspire and motivate a group of people toward accomplishing shared visions and goals, build a governance model that’s participative, proactive, and progressive to enhance organizational agility and maturity.

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Posted in: GRC,Principle/Practice,Sum UP