...OF SHARED GOVERNANCE | | SYLVIA COLE 4/16/2013 | The Decline of Shared Governance Shared governance is a commitment to freedom of ideas, the professionalization of faculty, and the importance of deliberative decision-making. It is the process of soliciting broad input from individuals affected by decisions. The compromise approach to shared governance is epitomized by comprehensive efforts supporting cooperation and collaboration without domination. The objective of shared governance is to discover agreeable purposes of interest that advance the objectives of the education. Shared governance has been a crucial part of higher education educations and stretches back for over 75 years. An ideal shared governance model is reciprocal in nature. It will recognize the contributions and requirements of all participants in a cluster consensus process. This process will enhance and nurture a partnership, empowerment and successful outcomes of educational policy and implementation decisions. Shared governance can build inclined strategies that connect positions of authority, share resources, and facilitate programs. Shared governance in higher education is on the decline. Faculty and administrators on all levels have grown gravely concerned with this issue. The concern has stemmed from the deterioration of tenure-track positions, the exclusion from participation of higher education governance as well as the growth of contingent faculty. Governance is a focal...
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...MGMT20125 Leadership and Governance Term 1 - 2013 Profile information current as at 22-Mar-2013 16:04 Assessment Tasks WRITTEN ASSESSMENT Assessment Title Assessment item 1— Essay This assignment requires you to write an essay on why the leader’s role is critical to effective governance of organisations. Your essay topic should be informed by the extant literature on leadership and governance, especially literature which points to the need for organisations to develop forms of leadership and governance that operate effectively across shifting boundaries of the new economy. You are also required to examine literature highlighting the need for organisations to create ethical corporate culture (Caldwell et al 2008; Schwartz 2013) since ethical leadership influences group in-role performance (Walumbwa et al 2012). Finally, you will review the existing leadership research which proposes relationships between organisational leadership, leadership development, followership, organisational governance and organisational performance (Carcello 2009). Caldwell, C, Hayes, LA, Karri, R & Bernal, P 2008, ‘Ethical stewardship: implications for leadership and trust’, Journal of Business Ethics, vol. 78, pp. 153-164 (online EBSCOHOST). Carcello, JV 2009, 'Governance and the common good', Journal of Business Ethics, vol. 89, pp. 11–18 (online EBSCOHOST). Schwartz, MS, 2013, ‘Developing and sustaining an ethical corporate culture: the core elements’, Business Horizons, vol.56,...
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...The Importance Of Corporate Ethics and Values: Building a Sustainable Strategy Model for Effective Implementation of Good Corporate Governance within a State-Owned Enterprise in South Africa. A Research Study Presented to the Graduate school of Business Leadership University of South Africa In Fulfillment of the Requirements for the MASTERS DEGREE IN BUSINESS LEADERSHIP UNIVERSITY OF SOUTH AFRICA Prepared by Lazarus Docter Mokoena (called Bonga) [Student No: 0555-418-7] Tel: 011-217 1187 (Work); 011-679 5486 (Home) Cell: 082 466 6896 SUPERVISOR: PROFESSOR M.H. CROSBIE FINAL RESEARCH REPORT November 2005 TABLE OF CONTENTS EXECUTIVE SUMMARY ............................................................................. 4 CHAPTER 1 ............................................................................................... 8 1. 1.1 1.2 1.3 1.4 1.5 1.6 INTRODUCTION................................................................................. 8 ESKOM’s COMPANY BACKGROUND ................................................ 8 ESKOM’s BUSINESS CONDUCT POLICY .......................................10 PURPOSE OF THE RESEARCH .......................................................12 PROBLEM STATEMENT .................................................................14 IMPORTANCE AND BENEFITS OF STUDY .....................................17 RESEARCH PROPOSITIONS AND HYPOTHESIS ...........................18 1.6.1 Propositions ...................................
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...“THE CHALLENGES OF LEADERSHIP IN POST- CONFLICT AFRICA: THE CASE OF LIBERIA.” BY HER EXCELLENCY ELLEN JOHNSON SIRLEAF PRESIDENT OF THE REPUBLIC OF LIBERIA AT THE INTERNATIONAL INSTITUTE FOR STRATEGIC STUDIES, LONDON, MAY 31, 2006 Mr. Chairman Distinguished Ladies and Gentlemen: Let me begin by thanking the distinguished Governing Board, the membership and the staff of your Institute for this invitation to dialogue with you and, by so doing, join the array of other world leaders who have addressed this body. I will also use this opportunity to express thanks and appreciation to the British public for keeping faith with us as a people by way of the immutable public broadcasting body, the British Broadcasting Corporation (BBC), which over the past several years played no small role in bringing the plight of our people and country to the attention of a global audience. Today, I invite you and the rest of the good people of this great country to join us in savoring the dawn of a new dispensation in my country – one that embodies the hopes and aspirations of the majority of Liberians. I am confident that my Government can also count on the support of the Government and people of this country to see us through our journey toward achieving national renewal after decades of conflict. Academic studies on the evolution of leadership in Africa take note of the fact that the liberation leaders of the continent were nationalistic, selfless and visionary—leaders who put...
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...Enhancement of the Accountability of Public Sectors through Integrity System, Internal Control System and Leadership Practices: A Review Study Mohamad Azizal Abd Aziza, Hilmi Ab Rahmanb, Md. Mahmudul Alamc, Jamaliah Saidc* a Faculty of Accountancy, Universiti Teknologi MARA (UiTM), Shah Alam, Selangor, Malaysia b Universiti Teknologi MARA (UiTM) Kelantan Campu, Malaysia c School of Business, Universiti Utara Malaysia c Accounting Research Institute (ARI), Universiti Teknologi MARA (UiTM). Shah Alam, Selangor, Malaysia Abstract Currently, governance in public administration has become a global issue as a result of the continuous stream of governance failures, fraud, inefficiency, corruption, and poor internal control and financial management. Public sectors worldwide are now under pressure to justify the sources and utilizations of public resources as well as improving the performance in their services delivery. Now it is considered as public rights to monitor the transparency and efficiency of public administration. To ensure good governance, understanding the way to improve accountability in public sector is very essential. Therefore, to enhance the accountability in the public sector, based on the literature review this study discusses on the organizational internal factors that has influences on accountability; integrity system, internal control system and leadership qualities. This study could assist policy makers to establish more accountability among different...
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...this study. The basis of the hypothesis is that the introduction of corporate governance best practice namely board leadership structure and board composition will be reflected in firm performance in the hospitality industry scenario. However the board structures in the global hospitality industry vary in firms and countries. Therefore, the hypothesis presented in this study will be tested to investigate the effect of corporate governance codes on firm performance in the global hospitality industry. Capital markets attract investor confidence for which good corporate governance is an essential. For good corporate governance to occur the board should effectively monitor the managers for their accountability to shareholders. The monitoring mechanisms of Board leadership (Ha) and Board Composition (Hb) are represented to investigate the accountability to shareholders through firm performance. 2.4 a. Board leadership Based on the above literary argument, it can be said that leadership structure of the firm will have an important impact on performance, because board leadership structure is a device that is implemented to monitor the activities of the CEO. Therefore in this study a monitoring leadership structure is considered important in affecting firm performance. Examination of empirical research in the above chapters has provided important insights into the relationship between leadership structure and firm performance. Therefore as suggested by the agency theory, the...
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...Term Project – IT Governance Overall Scope: You are required to study of IT Governance in a business organization of your choice as per the Weill-Ross framework, develop of the Governance Arrangement Matrix (GAM) of the organization, and comment on the effectiveness of the Governance Mechanisms. Deliverables: Write-up and presentation Specific deliverables/guidelines: In line with the above, the following may be the specific contents of your findings/write-ups as well as the presentation. But then, these are indicative. You are free to decide to add any more relevant information. 1. Intro to the Company and Business Principles (Vision statement, broad enterprise level functions and unit level functions of the organization etc) 2. Role of IT in the organization & the IT Principles 3. The IT Governance Arrangements Matrix (sample shown below) 4. Various governance mechanisms implemented (enterprise wide and in the units) along with the advantages and disadvantages 5. Suggested IT Governance improvement needs IT Decision | IT Principles | IT Arch | IT Infra | Business Need | IT Investment | Archetype | Input | Decision | Input | Decision | Input | Decision | Input | Decision | Input | Decision | Biz Monarchy | | | | | | | | | | √ | IT Monarchy | | | | √ | | | | | | | Feudal | | | | | | | | | | | Federal | √ | | | | √ | | √ | | √ | | IT Duopoly | | √ | √ | | | √ | | √ | |...
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...Running head: RISK MANAGEMENT AND THEIR INFLUENCES Risk Management and Their Influences on Corporate Governance University of Maryland University College Graduate School of Management& technology Executive Summary Implementing a risk management process in line with organizational or business goals and objectives is vital for successfully managing or mitigating risk. Risk identification, analysis, handling, and monitoring should be addressed by all stakeholders. The process should be implemented in accordance with a pre constructed Risk management plan. A well developed risk assessment will make use of the considerable number of assessments, planning, and formal risk identification performed to provide a picture of the composite or overall risk associated with an organization. Also an effective risk mitigation strategy will provide a significant increase in the confidence level that a business or organization will meet its cost, schedule, and performance requirements. Introduction Risk is an important concept that plays a major role in the success of a business and organization. Risk is defined as the exposure to injury or loss. Every decision that we make as human beings contain some form of risk and most of the time the weight of the risk determine whether we will follow through with an action or not. Risk Management is a systematic way to keep those risks in check and a way to limit those risks in impacting the...
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...Global Technology Audit Guide Auditing IT Governance Global Technology Audit Guide (GTAG®) 17 Auditing IT Governance July 2012 GTAG — Table of Contents Executive Summary......................................................................................................................................... 1 1. Introduction................................................................................................................................................ 2 2. IT Governance Risks................................................................................................................................... 7 3. Aligning the Organization and IT — Key Considerations................................................................ 12 4. The Role of Internal Audit in IT Governance............................................................................ 15 Conclusion....................................................................................................................................................... 18 Authors and Reviewers.............................................................................................................................. 18 Appendix — IT Governance Risk Assessment/Engagement Planning Considerations............................................. 19 iv GTAG — Executive Summary Executive Summary To support the heightened importance of IT governance and the mandatory nature of the International Standards...
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...Research series The role of the board in innovation PREPARED BY Dr Robert Kay and Dr Chris Goldspink GOVERNANCE LEADERSHIP CENTRE companydirectors.com.au/glc Contents Introduction 3 Innovation and directorship: a role at the core of good governance? 4 Reading the context and steering the approach 5 CEOs and innovation 7 Differences between the public and private sectors 12 Conclusion13 References14 2 GOVERNANCE LEADERSHIP CENTRE companydirectors.com.au/glc Introduction What is the role of the board in innovation? There are mixed views on this question within the governance literature. Part of the problem relates to the ill-defined nature of innovation itself, how it relates to the strategy of the organisation and the division of responsibilities between the board and the executive. This paper will draw on research conducted for the AICD during 2014 (Kay and Goldspink 2015), involving interviews with over 100 Chairs of listed, private, public and not for profit boards, as well as two other studies conducted by the authors. These additional studies involved interviews with 25 CEOs drawn from both listed and private organisations, as well as 25 Departmental Secretaries and Directors-General drawn from both the federal and state public sectors. These latter studies canvassed executive views on what innovation means to them and what it takes to innovate effectively within their respective sectors (Kay and Goldspink 2012a, 2012b). In combination, these three...
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...Global Technology Audit Guide Auditing IT Governance Global Technology Audit Guide (GTAG®) 17 Auditing IT Governance July 2012 GTAG — Table of Contents Executive Summary......................................................................................................................................... 1 1. Introduction................................................................................................................................................ 2 2. IT Governance Risks................................................................................................................................... 7 3. Aligning the Organization and IT — Key Considerations................................................................ 12 4. The Role of Internal Audit in IT Governance............................................................................ 15 Conclusion....................................................................................................................................................... 18 Authors and Reviewers.............................................................................................................................. 18 Appendix — IT Governance Risk Assessment/Engagement Planning Considerations............................................. 19 iv GTAG — Executive Summary Executive Summary To support the heightened importance of IT governance and the mandatory nature of the International Standards for the Professional...
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...in financial institutions Governance and culture Risk transformation can enable a financial institution to elevate risk management from a functional capability to an enterprise responsibility that permeates the entire organization. When that happens, every business, function, and individual becomes responsible for, accountable for, and capable of recognizing and addressing the risks within their purview. Moreover, risk awareness and appropriate risk-related skills can become an integral component of every individual’s responsibilities at every level. In these ways, risk transformation can enhance the organization’s ability to implement business strategies and achieve goals while addressing risks and complying with evolving regulations. This document is one in a series of four on the cornerstones of risk transformation (see Figure 1): • Strategy • Governance and culture • Business and operating models • Data, analytics, and technology As explained in Aligning risk and the pursuit of shareholder value: Risk transformation in financial institutions,1 when these cornerstone frameworks and capabilities are in place, risk management, risk governance, and regulatory compliance can be implemented in a more aligned and integrated manner. Figure 1: The cornerstones of risk transformation What vision drives the Organization? Business Model Operating Model culture What oversight ensures the strategy is executed? Governance Strategy What shared ...
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...opened the market in Asia to provide component parts for emerging auto manufacturers in the past ten years. The company is highly successful and has a track record of long stretches of reporting consecutive profit growth. Dagwood Blemish is the founded-CEO of Helter Skelter, Inc. Blemish has been the single leader of Helter skelter, Inc. for the last 15 years and his proclaimed leadership style is to serve as the inspirer for good ideas and to facilitate technological advancement. By Blemish’s lead, the company is making between $8 billion to $9 billion annual revenue. Blemish has so high authorism image among the employees that very few individuals say no to him or contradict his directives. Blemish’s growing concern is the large portion of the company overhead dedicated to information technology assets and how those assets can drive better revenue for the company. Reynolds Potter joined Helter Skelter, Inc. in 1998 as the CIO of the company. He has very strong professor background working as top IT officer for a number of high profile and large companies. Due to Potter’s powerful international leadership and his centralized purchasing power in Helter Skelter, Inc. he unfortunately get some animosity from some other company senior leaders who also have the CEO’s ear. As being a founded-CEO and a very successful single leader for the company for many years, Blemish has extremely high authorism image for his employees. There are very few people in the company decline or contradict...
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...Faith-Full Leadership, Ethics and Accountability: Using the work of Moses Pava to enforce the need for moral leadership and governance The general rationale of this paper is quite simple: moral leadership and moral governance matters. It has taken me the entire semester and the detailed reading of the book, Leading With Meaning: Using Covenantal Leadership to Build a Better Organization by Moses Pava (2003) to help me make the solid connection between operational (structural) governance and moral/ethical governance. If the reader of this paper is an enlightened, educated academic, this point may not have a significant impact. On the other hand, if the reader is a “typical” lay practitioner, the point of this paper, supported by evidence provided by Pava (and the other cited resources) might offer a deep and long lasting influence which could possibly change how the reader thinks and acts in matters related to organizational leadership and governance. I was able to make many connections between the Pava text and the Sison (2008) text that helped me better understand how Sison is interpreting Aristotle in today’s complex global business world. I have cited several of these cases to help the reader make a solid connection between structure, intent morality, ethics, accountability and corporate motives. I typically use colored “flags” to note important points and passages in a book I am reading for meaning. After reading the Pava (2003) text, I looked back and saw over fifty...
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... | |Ethics and Corporate Citizenship Themes | |Understandings of corporate citizenship | |Links between ethics and corporate citizenship | |Performance measurement | |Accountability and governance | |Stakeholder engagement, consultation, reporting and governance | |Corporations, territory and governance | |Globalization Themes | |Corporate power | |New technologies...
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