Johannesburg, South Africa By Jene’ Palmer and reviewed by Terrance M. Booysen We know that both local and international organisations are continuously having to adapt to operate in uncertain business environments. Locally, the release of the Preferential Procurement Regulations 2017, which places stronger emphasis on ‘radical transformation’, against the backdrop of persisting low economic … [Read More...]
Latest articls
When the honeymoon’s over
If there’s a truism in serving on a board, it’s that the smart money is on just about every one of us reaching our sell-by date and if we don’t read the signs, we can expect the dreaded tap on the shoulder. … [Read More...]
Diversity Discussion Guide for Directors
By Curt Leger
In light of new global trends and business imperatives, the need for diversity of experience, background and perspective has become an important board mandate. Boards have a responsibility to prepare for the future of their organizations and to take the strategic actions necessary to meet shifting stakeholder demands and adapt to the rapidly changing environment in which their companies … [Read More...]
WORKPLACE STRESS: A REAL ORGANISATIONAL RISK
Article by Dr Dicky Els and Terrance M. Booysen It is imperative that the impact of work-related stress and the negative impact of distress be incorporated into the organisation’s enterprise-wide risk management framework. A Bloomberg study conducted in 2013 revealed that South Africa is the second-most ‘stressed’ country out of a study of 74 countries. This is hardly surprising given the high … [Read More...]
Why do we have corporate governance regulation?
By Simon Laffin
What drives corporate governance regulation? Is it media focus, political pressure, or a need to ’do something’? Or is it sound analysis leading to thoughtful prescriptions? I suspect that pretty much everyone accepts that the answer is somewhere in the former list. Why does it have to be like this? … [Read More...]
POLYGRAPH TESTING: IS IT A LEGITIMATE MEANS TO CURTAIL CRIMINAL BEHAVIOUR IN THE WORKPLACE?
By Terrance M. Booysen and reviewed by Osborne Molatudi (Partner: Hogan Lovells) On a worldwide basis, criminal activity in the workplace -- detected or undetected -- is at an all-time high. Fraud, corruption and other forms of economic crimes are rife, and perceptions of increasing illicit behaviour are backed by reputable subject matter experts and research agencies, with alarming statistics. … [Read More...]
Winterkorn – The Volkswagen’Ackermann
Both are brilliant, both walk away with a handsome sum and both leave a tarnished legacy of unsolved issues and gray areas of doubt and uncertainty in the company image. Now, that there is at last a hand on the tiller again, Deutsche Bank seems desirous of becoming transparent again. First of all you think aloud then you announce that the shareholders will pay by a stable dividend of 0.00. A few … [Read More...]
Is Your Business Performance Lack Luster? Then Start at the Top
In many businesses where performance does not reach the desired targets you will have finger pointing. It is a natural reaction at all levels, there is always another person, department or group that is the reason why performance targets are not achieved. In my experience, when business performance is lacking the first place I start is at the top, the Board of Directors. … [Read More...]
Effectiveness of Independent Directors in Sri Lanka and in the UK
In the UK the shareholding structure of most public listed companies are dispersed. In Sri Lanka most public listed companies display a concentrated share ownership structure. However the regulatory regime in Sri Lanka including the corporate governance code is seemingly designed to cater to companies in which the shareholdings are dispersed as in the UK. This is because of the significant … [Read More...]
Think beyond the box and boardroom dynamics could be just a click away
The world’s a rapidly changing place and the boardroom is no exception, which probably explains why the most effective boards are those that think beyond the box and eagerly embrace whatever’s needed to keep them abreast of good governance best practice. It’s an attitude that takes the more mundane boardroom mechanics to a whole new level of boardroom dynamics and the starting point is to look … [Read More...]
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