#AlignedValue How to pick a successful risk leader via @CGMA & @Tomorrows_co

“The only easy day was yesterday.” -Navy Seals Mantra New, unfamiliar, increasingly complex risks are coming at corporations from all directions.  The risk landscape has never been more relentless – and it isn’t going to get easier. If unaddressed, “new” risks can quickly: Disrupt business Damage reputation Destroy value Having in place an executive voice of risk in the organisation that leads the risk agenda helps deliver the business model and drive business performance. According to Tomorrow’s Company Good Governance Forum and CMGA, the following attributes make a successful risk leader: 1. Independent and influential 2. Clear and concise communicator 3. Standard bearer for what’s right … Continue reading #AlignedValue How to pick a successful risk leader via @CGMA & @Tomorrows_co

#AlignedValue Deconstructing #CorpGov as we know it to Reconstruct Effective Oversight

In a recent Harvard Business Review article, Guhan Subramanian asserts that the current system of corporate governance was borne of patchwork policy and regulation – created by consequences, not intentional design.  As a result, our current system of governance can be ineffective, allowing unintended outcomes that subvert common sense and public policy. Guhan suggests a “back-to-the-basics” approach to create effective corporate governance based on three principles: 1. End the culture of short-termism.  Financial performance is not just a quarter-over-quarter, year-over-year endeavor.  Boards should have the right to manage the company for the long term. 2. Develop More Qualified Director-level Talent.   Boards should install mechanisms to ensure the … Continue reading #AlignedValue Deconstructing #CorpGov as we know it to Reconstruct Effective Oversight

#AlignedValue Hats-off to @SalesForce #CEO @benioff for embracing #StakeholderTheory & Going Long w/ the #WideView

   Watch Marc’s interview with @jimcramer from @CNBC’s new #1Market office. http://video.cnbc.com/gallery/?video=3000374874  What is Stakeholder Theory? Stakeholdet theory is a theory of organizational management and business ethics that addresses morals and values in managing an organization. It was originally detailed by R. Edward Freeman in the book Strategic Management: A Stakeholder Approach identifies and models the groups which are stakeholders of a corporation, and both describes and recommends methods by which management can give due regard to the interests of those groups. In short, it attempts to address the “principle of who or what really counts”. In the traditional view of a company, the shareholder view, only the owners or shareholders (= stockholders) of … Continue reading #AlignedValue Hats-off to @SalesForce #CEO @benioff for embracing #StakeholderTheory & Going Long w/ the #WideView