So, when implementing Corporate Governance, it is indicated that you do not try to implement all practices at once, but start with small steps. So try to understand which points can bring the most business value right now and start with them. Along with that, try to bring culture back to the organization to this practice so that everyone can gradually adopt this thinking and help in the next steps of its implementation. For the governance training you will need the best steps now.
Define a hierarchy
Establishing a hierarchy may sound authoritative, but in the sense of corporate governance, it is not. Hierarchy is important because each employee needs to know clearly to whom to respond. After all, it is very common that in growing companies, employees perform more than one type of function at the same time, receiving various demands. This can hurt many aspects of the business. …Continue Reading