Wednesday, January 16, 2008

Corporate Governance - are you at risk?

Corporate Governance means more to the communicator than reputation management. When effective corporate governance promotes thriving organisations, market confidence and public trust. Internal communicators have a duty to be aware of the corporate governance responsibilities of their organisation, and to support it and enhance it. But internal communicators lack the language of 21st century business to start the conversation with directors - a knowledge of key corporate governance terms and principles solves this.

A Deloitte study of 800 North American companies published last year found that well-planned and well-executed corporate governance brought about significant business benefits such as: enhanced market confidence and reputation management, reduced risk of loss through fraud, improved acquisition integration, better control over management and information systems, standardisation of processes and controls as well as improved disclosures for stakeholders.

Corporate Governance - are you at risk?

Labels: corporate governance, internal communications

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