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Management guru, Peter Drucker, is often quoted as saying, 'If you can’t measure it, you can’t manage [or improve] it'. Constructive feedback is integral to a process of development, growth and improvement, not least in an organisational setting, and especially in the case of boards of directors.
The role of a company secretary is broad and onerous to say the least and, if this post is not occupied by a competent person who has the appropriate knowledge and skills; the consequences can be the cause of significant organisational friction.
Terrance Booysen – CEO Corporate Governance Framework Research Institute and Dr Ivor Blumenthal, discuss how the new Companies Act of 2008 requires that directors need to understand their roles and responsibilities and how it can affect their personal liability.
Executive remuneration has become a symbol of inequality in today’s global economic order. Shareholders are becoming more active in demanding that executive pay is more closely linked to results and stakeholders want a broader focus on the context in which the organisation operates.
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