The Nature of Governance: Guiding the Path to Sustainable Success
Introduction Governance, in its essence, serves as the compass that guides organizations toward proper conduct and sustainable success. While it is sometimes seen as a framework for control and rule adherence, it goes beyond that, encompassing principles that promote effective resource utilization and equitable treatment of stakeholders. In this article, we delve into the nature of governance, focusing on the principles outlined by the Organization for Economic Co-operation and Development (OECD) and exploring its role in steering organizations towards their strategic objectives. The Core Principles of Corporate Governance The OECD has laid out…continue reading →