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The four pillars of governance

July 19th, 2012

Are you managing governance well in your business?

I have been a member of the New Zealand Institute of Directors for a number of years & recently received their publication The Four Pillars of Governance – Best Practice For New Zealand Directors.   I’d have to say that if you are looking for excellent information on governance then you may want to get a copy of this publication, or even better join the IOD (for those cynics who may read this I’m not receiving any kickback from IOD!)

Some people may look at all of this and say that they are just a typical SME in New Zealand & have no need for any of the above.   Well I’d suggest you do.   Effective governance has the ability to assist a business in so many ways as well as ensuring you are compliant to relevant legislation.   While I can think of many benefits to good governance, I cannot think of one negative.   So take a moment & give some consideration to the governance side of your business, stop ‘doing’ & perhaps start ‘thinking’.   You may be surprised by the results.

The IOD website is www.iod.org.nz – I’d suggest you have a look, meanwhile I’ve got some nighttime reading to do.

 

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