Verticals

The governators

Getting governance right.

10 August 2017

Global warming, weapons of mass destruction, water shortages and energy. Guess which one of these really impacted on businesses in 2016?

The answer is – none of them. According to the World Economic Forum’s Global Risk Report 2016, not one of these risks caused the ‘spike’ in debt crises or wave of scandals that engulfed – just in the last year – Volkswagen, Toshiba, Valeant and FIFA. The real kicker of corporate reputation, risk and the bottom line was governance – good governance led by boards with relevant expertise and a commitment to ensuring it remains thorough, especially in today’s complicated times.

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