Governance is not something that you buy from the SHOP FLOOR but it’s something that you BUILD. The misconception that Governance is a standalone activity or something that you buy of the SELF is coming of age. Governance is a complex beast and needs to build on and have the blessing and mandate from the Board of Directors and execution from Operating Management.
Directors (Executive and Non-Executive) and Senior Management have fiduciary duties towards the sustainability of the Companies where they hold office. Their role is to provide strategy and direction to the Companies and ASK THE RIGHT QUESTIONS to the Operating Management. Asking the RIGHT QUESTIONS IS VITAL and more importantly KNOWING WHAT TO ASK IS even more so.