The COO, or Chief Operating Officer, of a company is the person who ensures the organisation functions as it should. They are responsible for planning business strategies to help the company run as smoothly as possible.
Of course, every member of staff should be involved in this process to some degree. But the COO is the main executive responsible for daily organisational processes. They must maintain a clear, cohesive infrastructure for governance.
Signing up for a product trial can seem like effort. Especially when the product has the potential to change your organisation’s processes, you may think it’s only worth spending time on something you are sure will work.
No matter the size or sector of your organisation, you will have to deal with budgeting. Putting together a concrete plan on where and how money should be spent is the only way you can function in the modern economy.
A Steering Committee is a group formed to oversee the running of a project and provide advice. It is made up of experts or senior stakeholders – such as high-level executives or clients who will be impacted by the project.
Every company needs to deal with the challenges of finance if they want to succeed. The Chief Financial Officer or CFO is the executive who is in charge of handling this aspect of the organisation.
Across every sector, there is always the risk of something going wrong. This may be a physical disaster such as a fire, which means you can’t access your supply chain. It can also be a range of other unpredictable events such as losing a key employee, experiencing a cyberattack or facing a global pandemic.
Corporate Social Responsibility and Environmental, Social, Governance are two phrases that appear to have a lot in common. Many organisations in 2022 are seeking to improve their business practices and have a positive impact on the planet. But what exactly is the difference between these two terms?
With increasing focus on environmental, social and governance concerns, many organisations are looking at how to build this into their business practices. Considering the history of ESG issues can help us understand their importance and how to better maintain sustainable governance.
Good governance is crucial for all aspects of decision-making and leadership. It ensures your organisation is doing all it can to fulfil its fiduciary duty and meet the requirements of the law. When it comes to the software you use, you need to make sure you create an infrastructure that makes good governance simple.
Whichever sector you work in, your employees should be at the centre of your organisation. Keeping them satisfied can make or break your business.
Imagine this: you’ve spent months preparing for an important meeting. A few days before, you learn your collaboration software has failed, and you can’t access your agenda. You try to contact the provider, but they don’t respond, and you’re at your wits’ end trying to find a solution.
Sustainable development is at the centre of good governance in the twenty-first century. As businesses evolve, they should be prepared to deal with changing demands on their organisational structure.
On Thursday 7th July, we headed up to Manchester for the AUA 2022 Annual Conference and Exhibition. This was another packed two days, where we had the opportunity to connect with Higher Education professionals from around the country.
With the conference season in full swing, we headed over to the Chartered Governance Institute’s conference on governance. This was an exciting two-day event from 5-6 July, where we were able to talk about upcoming issues and opportunities in the world of governance.
The first rule of effective management is setting attainable targets. When it comes to sustainable development, this may seem like a daunting task, as it involves the long-term success of your organisation. However, the future of your company may depend on this small change in your current strategy.
