Corporate Governance Definition

Corporate Governance Definition

corporate governance definition

The corporate governance definition that we like is:

"The effective management of relationships with integrity to produce enhanced company performance".

"How would you define 'corporate governance' for your family business?" asks top family business expert Don Schwerzler. "How well organized is your organization?"

"How well connected are the policies and practices of your management team to your corporate governance definition?"

Schwerzler has been studying and advising family businesses for more than 40 years and he is the founder of the Family Business Institute Although much of the actual work for defining and connecting managers to the management process falls on the C-level executives in their day-to-day activities, the board of directors has overall responsibility for management review and oversight.

But "organizational review and oversight" is easier said then done! What is the corporate governance definition at AIG? Citibank? Fannie MAE and Freddie MAC?

"A major issue is that while a board of directors or an advisory board will have access to financial and operations information, they generally lack any objective or unbiased information on the leadership practices of the managment team!" suggests Schwerzler

This is a sad truth and one of the major problems that erodes the effectiveness of a board. How does a board measure and monitor the leadership practices of an organization?

Professor Ken Mackenzie, one of the world's leading experts on leadership and organization has developed ODS-OL (Organizational Diagnostic Survey On-line)that enables a board of directors or an advisory board to understand how well an organization is organized.

CLICK HERE to contact Don Schwerzler and learn how ODS-OL can help you better organize your organization!

The leadership practices measured by ODS-OL are described in Professor Mackenzie's book The Practitioner's Guide for Organizing an Organization(PGOO). We believe PGOO is the best book on leadership and organization available, anywhere!

According to Mackenzie, "in todays economy a successful organization is defined by its ability to adapt changes, rapidly!"

Your Business Will Succeed...

If...

You have The Roadmap for Success

That's What

The Practitioner's Guide for Organizing an Organization
Is All About

  • PGOO shows how to identify the most pressing problems to solve
  • PGOO introduces ADS-OL - an electronic assessment tool that is highly effective, easy to use, systematic and data-based
  • PGOO explains how to produce a better-organized organization
http://www.family-business-experts.com/PGOO.html




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