Sunday, June 20, 2021

Corporate Governance Approach to Treasures of Management

 


As a Chinese proverb articulates  “the fish rots from the head” and so it is with enterprises  . The buck starts and stops in the boardroom. Corporate Governance Approach to Treasures of Management has useful didactic information about managers running big institutions, students who are studying in Universities, and in higher institutions such as colleges. It is useful for students doing CFA,CIMA,ACCA,CIS, MBA, and others  The Corporate Governance Approach encapsulates treasures of Management on, corporate governance  and State-owned enterprise, sustainability of organizations, Small medium enterprise, strategic management, corporate social responsibility, internal communication, supply chain management, Foreign Direct Investments, Customer Service Management, Emotional Intelligence and Gender Management.  The need to close gender gaps at political, economic and social level is important, some genders have been left behind on leadership positions such as presidency and strategic apex of organizations due to a lot of unjustified reasons.  This discourse assists CEO, Directors, managers to effectively govern  organizations and for researchers to carry out incisive and profound studies. Managers should be able to comprehend Corporate Social Responsibilities issues and how governments should address challenges of sovereign debts. The discourse unravels strategic management tools and corporate governance issues of companies. By enhancing  roles of board members,, corporates are more likely to succeed in protecting the interests of a broad spectrum of stakeholders, thus achieve sustainability for corporates and governments. High CEO remuneration which does not correlate with corporate performance has become a challenge in State owned Enterprise. The essence of interrogating the governance of these organizations should become conspicuous and on the agenda. The challenges encountered by Small Medium enterprise are so many, the key challenge is access to capital. Effective Internal communication is very essential to promote a benign environment for employees to attain high performance. Face-to-face, in­tranet, and email are the most used internal communications channels. Understanding supply chain management and the sustainability of projects has proven to be a useful tool in managing organizations. Cambietics is the art of managing change in organizations and as a nation. As part of information gathering processes, one should anticipate strategic changes to the client`s requirements. Hence client`s changes to the requirement should be incorporated as soon as it becomes available. Therefore effective communication with the client or client`s direct representative during the process of conducting feasibility study is crucial.  Sustainability has become the fulcrum of research and most governments continue to bail out ineffective and inefficient organization at the expense of the taxpayer money and mismanagement of resources.  An effective governance system facilitates the delivery of excellence service and weed out corruption individuals. For this reason, an effective development and implementation of lawful strategic organized land management with the notion of enhancing productivity and empowering the community is vital in an economy that has an agenda to increase economic growth. In a nutshell if you punish one toxic  crucial leader such as a Minister in government office   you end up teaching integrity to a million followers..


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Professor David Mpunwa