You don’t need to be a big business to benefit from good governance.
How many times have you heard the word 'governance' lately? It’s just the latest piece of industry jargon gone crazy. But can you afford not to have it in your business?
Many business owners find themselves caught in the trap of placing the urgent in front of the important. However, the pay-off from strategic decisions is much greater than the pay-off from operational decisions.
Governance is about giving the business’ strategic issues the attention they deserve. It’s also about ensuring the caboose hasn’t disconnected while you’re staring intently up the tracks – and this means making people in your business (and maybe you) accountable.
Every business, no matter how small or large, should include a level of governance. The challenge is to put in place governance appropriate for the stage and size of your business.
Good governance should reinvigorate a business and keep it aiming for the stars, but at the same time act as a safety net to ensure managers stay in control.
Peer Review can help you assess what level of governance is right for your business, how to make it a major force in helping you to achieve your business objectives, and how to keep it both fresh and effective at the same time.
If you would like governance checkup, book a consultation with our team at Peer Review.