The higher the complexity of the organization and its ecosystem environments, the more agile and customized governance is in demand to meet performance baselines and generate multifaceted value.
Contemporary organizations and societies become more informative, interdependent, and people-centric, corporate governance needs to become more agile, customized, not only enforcing risk intelligence, but also capturing business opportunities for business growth, harnessing innovation and generating multidimensional business value constantly.
Customized governance based on personalized communication and real time information can improve organizational agility: Corporate governance indicates a relationship with the corporate board, management and the stakeholders, and it is a facilitation system to enhance communication and harness collaboration. So customized governance discipline can fulfill its purpose as a high-level corporate enabler by providing a customized communication bridge between shareholders/investors and top business leaders such as corporate directors, to ensure people are pulling in the same direction, improve business effectiveness and accelerate performance. You cannot have an effective GRC without people. By enforcing customized governance discipline, you can improve human judgment or decision making by putting the right talent in the right positions and keeping them fully functioning
Customized governance harnesses innovation and improve-people-centricity: People are both means and ends to governance discipline. Governance is the structure and process of authority, responsibility, and accountability in an organization. Without people, governance is only the mechanism to limit business potential. Thus, governance needs to be people-centric, including engagement and motivation because a focus on command & control has the tendency to create silo, decelerating the growth of the business. Don’t just see governance as constraint, but rather opportunities. Organizations are always struggling with balancing process and innovation. Customized governance is actually a great tool to facilitate innovation. It’s about less controlling, repurposing, realignment and integration, to bridge the multitude of gaps, breakdown bottlenecks, lubricate rigid processes with invaluable feedback and flexible functions or structures to achieve people-centricity.
Customized governance models should enforce alignment towards customer-centric products and delivery mechanisms: Contemporary organizations are dynamic, complex and unpredictable systems that would perhaps be disturbed by nonlinear events. We can't and won't be able to predict or manage every turn or twist of the business, engagement and motivation aren't intrinsically difficult for management. Governance isn’t just about putting restrictions on what you can do, it is also about monitoring and knowing when things are not going right, making an adjustment of planning or taking appropriate actions at the right time. Customized governance can be perceived as a people-centric process, leadership persona and effective tactics, to enhance delegation of authority, accountability enhancement, etc to improve business effectiveness and efficiency.
The higher the complexity of the organization and its ecosystem environments, the more agile and customized governance is in demand to meet performance baselines and generate multifaceted value. Organizations and society become more people-centric, pulling in the right direction by allocating resources, time, and assets scientifically, policies and standards can be put in the right time and place to enforce strategic agility, structural flexibility, for achieving high performance.
Customized governance based on personalized communication and real time information can improve organizational agility: Corporate governance indicates a relationship with the corporate board, management and the stakeholders, and it is a facilitation system to enhance communication and harness collaboration. So customized governance discipline can fulfill its purpose as a high-level corporate enabler by providing a customized communication bridge between shareholders/investors and top business leaders such as corporate directors, to ensure people are pulling in the same direction, improve business effectiveness and accelerate performance. You cannot have an effective GRC without people. By enforcing customized governance discipline, you can improve human judgment or decision making by putting the right talent in the right positions and keeping them fully functioning
Customized governance harnesses innovation and improve-people-centricity: People are both means and ends to governance discipline. Governance is the structure and process of authority, responsibility, and accountability in an organization. Without people, governance is only the mechanism to limit business potential. Thus, governance needs to be people-centric, including engagement and motivation because a focus on command & control has the tendency to create silo, decelerating the growth of the business. Don’t just see governance as constraint, but rather opportunities. Organizations are always struggling with balancing process and innovation. Customized governance is actually a great tool to facilitate innovation. It’s about less controlling, repurposing, realignment and integration, to bridge the multitude of gaps, breakdown bottlenecks, lubricate rigid processes with invaluable feedback and flexible functions or structures to achieve people-centricity.
The higher the complexity of the organization and its ecosystem environments, the more agile and customized governance is in demand to meet performance baselines and generate multifaceted value. Organizations and society become more people-centric, pulling in the right direction by allocating resources, time, and assets scientifically, policies and standards can be put in the right time and place to enforce strategic agility, structural flexibility, for achieving high performance.
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