Executive Duties, Compliance and Conscious Governance 2010

Rising as a prestigious corporate board by articulating the essence of conscious governance to deliver superior outcome while preserving shareholders investment

Since the recent crisis hit global businesses worldwide, the role of the board of directors has been prone to debate. The focus has now shifted beyond purely independence, towards articulating good governance with the ability to act as a visionary and effective decision making body that exerts both strategic leadership and control. There is now a clear emphasis on compliance and dealing with significant change effecting the future of your corporation within the framework of conscious governance. Corporate organisations have taken drastic steps, working out superior decisions as a group with skillful and relevantly qualified individuals who bring long-term value to the company. It is not a sum of their individual intelligence, but rather how they complement one another in terms of board dynamics that delivers superior outcomes. Governance structures are suddenly undergoing massive changes as a result of an influx of corporate scandals. The pressure is now on investors to strengthen the practice of conscious governance, ultimately deciding who plays the substantial role in leading the boards work.

Key Topics

• Investing sufficiently in robust internal controls and creating a culture of accountability in supervising critical areas of risks The board as a change agent
• Building superior board dynamics as a strategist and value driver in developing,implementing and monitoring corporate navigation
• Overcoming the risk of directors liabilities and means in spite of increased litigation and corporate investigations
• Spearheading independent audit oversight over entities interest to ensure regulatory frameworks are on par with international standards Audit Oversight Board
• Controlling the changes in board dimensions in reviewing board intelligence through corporate integrity, accountability and ethical business conduct Exercising independent judgment