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CGF ARTICLES, OPINIONS & EDITORIALS

NO THANKS, NOT FOR US! (2024-10-29)

By Terrance M. Booysen (CGF Research Institute: CEO)

Despite the public outcries about corruption and the demand for increased accountability, in practice, the gravitas of good corporate governance continues to be trivialised. Corporate governance plays a crucial role in shaping the future strategic direction of organisations and guiding their operational conduct.  It is especially important for those holding fiduciary duties or providing advisory services related to corporate governance.

LEVERAGING THE “G” IN ESG ASSESSMENTS (2024-10-17)

By Jené Palmer CA(SA) GCB.D (CGF Research Institute: Director

The speed at which governments and regulators are adopting sustainability reporting standards is increasing the pressure in the boardroom. Stakeholders are expecting board members and the c-suite to not only comply with these evolving disclosure requirements, but to embrace the ESG data being collected to minimise risk and drive greater value.

THE LINK BETWEEN YOUR GOVERNANCE FRAMEWORK AND STRATEGIC DEXTERITY (2024-05-07)

By Jené Palmer CA(SA) GCB.D (CGF Research Institute: Director)

Too many board members only view their organisation’s governance framework as a means to assess compliance. The opportunity to leverage the outcomes of governance assessments to drive innovation and strategic change are often missed because organisational leaders do not measure the dexterity of their strategic processes.

GOOD GOVERNANCE – IS IT RED TAPE OR A CRITICAL BOARD COMPETENCY? (2024-04-11)

By Jené Palmer CA(SA) GCB.D (CGF Research Institute: Director)

Let’s just focus on the business and less on governance! Governance stifles innovation and adds red tape! How often have you heard similar sentiments being expressed?

The reality is that the role of the board has evolved. Global issues and topics such as geopolitics, diversity and inclusivity, climate and nature, and artificial intelligence, have rendered the traditional approach to board oversight as far too narrow. Today, boards must adopt a more stakeholder-inclusive approach and embrace different perspectives when considering strategy development, risk management and operational and ethical oversight. However, good governance has always been a fundamental competency for board members rather than a set of bureaucratic skills which imposes an additional burden on decision-making within the organisation.

The Death of Communication Strategies (2021-04-15)

By Dr. Irma Meyer and peer reviewed by Terrance M. Booysen

Many communication specialists share the frustration of being the writers and owners of impressive communication strategies that were never, or at best, only partially implemented. They go through the process of spending days, sometimes weeks, designing creative and intelligent communication strategies, only to be confronted with every day, real-life events back at the office, rendering the strategy virtually immediately obsolete.

BOARDS THAT PLAY THE INFINITE GAME (2019-05-27)

By Jené Palmer CA(SA) (CGF Lead Independent Consultant) and peer reviewed by Terrance M. Booysen

Visionary leaders do not underestimate the power of the Corporate Governance Framework® in driving organisational culture.  These leaders appreciate the importance of a governance framework in nurturing sustainability by driving values-based decision-making to “play the long game”.

IMPORTANT STRATEGIC QUESTIONS FOR RECESSIONARY TIMES (2017-07-11)

By Paul Aucamp and Jené Palmer

Is your business equipped to survive the pressures of a rapidly changing business world, which is being exacerbated by the growing uncertainty presented by South Africa’s re-entry into another recession?  To ensure the sustainability of the organisation, this critical question needs to be asked of South African boards of directors and senior executives alike.

HIGH PERFORMING BOARDS (2017-01-18)

By Jené Palmer and reviewed by Terrance M. Booysen

Board performance, or the lack thereof, has recently been quite prominent in the South African landscape.  Unfortunately, the examples of mismanagement, poor oversight and lacklustre governance of our state-owned entities as well as some private sector businesses, abound.  Poor and deteriorating financial results, high staff turnovers, lack of strategic direction and transparency as well as little to no stakeholder communication, are but some of the symptoms of a poorly performing board.

TANGIBLE BENEFITS OF A CORPORATE GOVERNANCE FRAMEWORK® (2016-06-07)

Article by Jenè Palmer

Forward thinking organisations have realised that corporate governance does not merely fall into the portfolio of the Company Secretary.  Indeed, the draft King IV Report on Corporate Governance for South Africa 2016 (‘King IV’), describes corporate governance as “the exercise of ethical and effective leadership by the governing body” of an organisation.

STRATEGIC PLANNING IS CRITICAL TO BUSINESS SUSTAINABILITY (2015-11-26)

Article by Jenè Palmer (CGF Lead Independent Consultant)

Do you have your finger on the ‘pulse’ of your business?  Is your organisation equipped to survive the pressures in a changing business and global environment?  These are critical questions which should be asked and answered by board members and senior executives alike.