Implementing Best-practice and Corporate
Governance
An institution’s performance cannot be sustainable
if the institution compromises business ethics and has poor corporate
governance. Strategies that ensure best practice and good corporate governance
will always translate into sustainable high performance.
According to Zukang “Good governance, rule of law
and an accountable and transparent public administration are regarded as key to
the realization of sustained economic growth, equity and social justice” —
Sha Zukang
Under -Sec-Gen, Economic and
Social Affairs, UN, Jun’08
There is often a deep desire by many institutions to
be validated as “sustainable high performance organization with world-class best
practice and good corporate governance”. Yet, there continues to be a big gap
between the status quo and the desired position. Unless this gap is closed and
there is an objective evidence of this closure, the desire continues to be
nothing but a dream.
TDI, through its research and development team and
its strategic partners, develops\implements assessment tools that help
institutions evaluate their corporate governance practices and establish their
gaps. TDI extends its solutions by developing suites of training programs and
world-class best practices that help organizations fill these gaps. TDI delivers
encompassing solutions to institutions that include implementation of best
practice and good corporate governance principles that transform the institution
into a sustainable high performance institution. Our effective corporate
governance frameworks address issues of organizational efficiency (to accomplish
objectives), effectiveness (to offer sustainable solution), accountability (to
take ownership with appropriate feedback), transparency (objective proof of
compliance) and responsiveness (standing up to the call)
TDI is in the process of developing internationally
acceptable certifications that would offer third party evidence that an
institution has gotten the right corporate governance principles in place and
thus act as an indicator that validate the governance practices of the
institution. It is hoped that this certification would be especially useful to
the government, NGOs and other institutions that solicit funding from
international donors or organizations that want to gain international
reputation.
Register for a Governance Audit
>> Order a Governance Tool kit >>
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