A DIGITISED GOVERNANCE FRAMEWORK SUPPORTS A DECENTRALISED AUTONOMOUS ORGANISATION (DAO) (2024-04-10) By Terrance M. Booysen (CGF Research Institute: CEO) Traditional governance reporting With the age of digitalisation firmly entrenched -- and a global economy on the cusp of the Fifth Industrial Revolution -- forward-thinking organisations worldwide have embraced the notion of equipping their workforce for greater meaning and purpose. Considering how organisations have the technological means to streamline their business processes, which often has negative implications upon mundane and/or highly repetitive job functions, these organisations understand the importance of a more ‘human-centered’ approach to conducting their business which is fundamental to their future and sustainability. Given the focus on human empowerment -- being one of the 6-capitals cited by the King Report IV™ for Corporate Governance -- the importance of collective governance assessments made by a much broader stakeholder group of the organisation could not be more important. April 10, 2024 Board of Directors, General, Governance Framework, Stakeholders governance, reporting, blockchain, decentralised, board, stakeholders Read More >>
THE CORPORATE GOVERNANCE FRAMEWORK® - AN ALTERNATIVE TO WHISTLEBLOWING (2023-07-21) By Jené Palmer (CGF Research Institute: Director) Whistleblowing can be a courageous act, but it is not always the best option for everyone due to potential risks and consequences. It is also true that by the time any whistleblowing mechanisms are used, the damage has already been done to the organisation and its stakeholders. This begs the question then: what is the alternative? July 21, 2023 Corporate Governance Framework®, General, Governance Framework, Praefectus™, Stakeholders, Whistleblowers Corporate Governance Framework®, governance framework, whistleblowing, whistleblowers, unethical, stakeholders Read More >>
INTERNAL AUDITORS PLAY AN IMPORTANT ROLE IN STRENGTHENING THE GOVERNANCE OF AN ORGANISATION (2020-08-12) By Glen Talbot(CA) SA and Terrance Booysen and peer reviewed by Jené Palmer CA(SA) People who occupy positions of authority include not only executive and non-executive directors of the board, but also managers who have the means of influencing or causing material changes in the organisation. The latter, according to the South African Companies Act of 2008, are known as ‘prescribed officers’ and together with the organisation’s directors and internal auditors, can all be held liable for not ensuring that the interests of the organisation are being adequately served and protected. August 12, 2020 Corporate Governance Framework®, General, Governance Framework, Internal Audit, Risk, Stakeholders Corporate Governance Framework®, internal auditors, governance framework, GRC, CGF, stakeholders, assurance Read More >>
WHY ALL ORGANISATIONS SHOULD PUBLISH A MEANINGFUL INTEGRATED REPORT (2018-03-26) By Terrance M. Booysen and peer reviewed by Michael Judin (Director: Judin Combrinck Inc.) Most modern, well-governed organisations are acutely aware of the need for their businesses to be run in an ethical and socially-conscious manner and for this ethos to be communicated to their stakeholders. This being the case, it is well documented that the influential set of so-called Millennials -- unlike their older generational ‘Baby Boomers’ and Xennials -- actively support organisations whose tenets are based upon transparency, including the preservation of society and the environment. March 26, 2018 Corporate Governance Framework®, General, Integrated Report Integrated Report, Corporate Governance Framework®, Michael Judin, stakeholders Read More >>