Corporate governance is the system of rules, practices, and processes by which a firm is directed and controlled. It is also the mechanism through which authority is exercised and people held to account.
While governance is often thought of as the directors of a company and what goes on in the board room it is much broader. It encompasses business processes, people and the relationships within an organisation that ensure it effectively pursues its purpose, balances the needs of stakeholders and meets compliance expectations.
In today’s fast-paced, rapidly-changing, complex and uncertain business environment it is more important than ever that governance does not constrain the organisation nor limit its ability to adapt.
What this means is that Boards allow strategy to emerge from across the organisation, resourcing to be more flexible, risk to be taken appropriately, an inquisitive culture and a more entrepreneurial management team.
It is also important that change to how governance is managed does not happen in isolation but is considered in the context of the entire organisation.
How we help our clients transform their governance processes:
We do this utilising a combination of the following:
In addition to transforming your Governance processes, Graphite i2i also handles smaller one-off pieces of work which can include some of the above services handled individually or we can develop bespoke services to meet your needs.