Crew
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Although the executive team or the board of directors are usually in charge of this aspect of business in an organisation, it is necessary for us to understand the consequences of getting this right and wrong when managing people. Organisational governance and compliance refers to the policies and practices the company follows, especially with regard to the avoidance of risk, and competence, ethics and propriety of the leaders of the business. Once the session is complete, you will be able to list the twelve QCA guidelines, explaining minimum best practice for smaller companies and identify the benefits the 1991 Cadbury Committee gave to company directors.
Learning Objectives:
• Explain what organisational governance and compliance is.
• Assess the twelve QCA guidelines.
• Explain the reasons why the Cadbury Committee formed its response to several major corporate scandals.
