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Defining Governance – What the Words Mean
Origins Governance is the act of governing. Originally the province of ‘rulers’ over the last century or so, as power and authority has devolved to various types of organisation, and the influence of...
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Stakeholder theory – is there a place for legitimacy?
Ed Freeman, one of the people whose work had a significant influence on the development of the Stakeholder Circle® will be speaking in Melbourne tomorrow at an ACCSR event hosted by Deakin University,...
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Stakeholders generate profits for shareholders
A few months ago I posted on the concept of Understanding stakeholder theory and suggested organisations that focus on providing value to stakeholders do better than those focused on short term rewards...
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The Functions of Governance
We have published 3 papers recently that clarify and differentiate the functions of management and the functions of governance. The widely accepted ‘functions of management’ developed by Henri Fayol...
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Governance and stakeholders
Both stakeholder theory and the modern concept of organisational governance place importance on the organisation fulfilling the needs of all of its stakeholders. The older, generally discredited...
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The Elements of Stakeholder Engagement
Effective stakeholder engagement is a two-way interactive relationship that encourages stakeholder involvement in the organisation for the benefit of both the stakeholders and the organisation. The...
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Governance and ethics
Back in June I posted on Governance and Stakeholders focusing on the damage institutions were doing to their stakeholders through on-going governance failures. Two of the organisations discussed (not...
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Does organisational governance exist?
Governance and governing have historically was associated with the role of the Sovereign governing his (or occasionally her) ‘sovereign state’. Over the last five or six centuries the exclusive power...
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Practical Ethics 2
A couple of weeks ago I posted Practical Ethics discussing the undue reliance governments and others place on other people’s ethics, Through naivety, undue optimism, or laziness, they set up...
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Effective Stakeholder Engagement is Multifaceted
An organisation’s success, reputation and long term sustainability depends on its stakeholders and how they perceive the organisation. The way the organisation interacts (or is perceived to interact)...
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