Holistic governance discipline enhances corporate principles and rules that need to be followed to improve the functioning and transparency of the company.
Accountability: Establish clear lines of responsibility and ensure that individuals and teams are answerable for their actions and decisions.
Ethical Leadership: Promote a culture of integrity and ethical behavior at all levels of the organization.
Fairness: Treat all stakeholders equitably and with respect.
Independence: Ensure that decision-making processes are free from undue influence and conflicts of interest.
Transparency: Provide stakeholders with timely, accurate, and clear information about the organization's performance, activities, and risks.
Stakeholder Engagement: Recognize and consider the rights and interests of all stakeholders, including shareholders, employees, customers, and the community.
Compliance: Adhere to all applicable laws, regulations, and internal policies.
Risk Management: Identify, assess, and manage risks to protect the organization's assets and reputation.
Performance Monitoring: Regularly monitor and evaluate the organization's performance against its goals and objectives.
Continuous Improvement: Regularly review and improve governance practices to ensure they remain effective and aligned with the organization's goals.
Holistic governance discipline enhances corporate principles and rules that need to be followed to improve the functioning and transparency of the company, its business strategy, processes, and management performance, and improve risk management in a structured way.
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