Warianty tytułu
Języki publikacji
Abstrakty
The current debate on corporate governance concentrates too much on control and ways of restraining corporate decisions. The author argues that board members should focus more on the central task of the board which is 'corporate entrepreneurship' creating conditions for corporate renewal, encouraging the development of new activities and the elimination of old ones. To succeed in today's unpredictable world, companies large and small must be agile and able to respond quickly to fast-moving markets. This means building decentralised structures and delegating real power to boards of subsidiaries, divisions and joint ventures. It also involves changing managers into leaders, communicating a corporate vision and values, setting stretch goals and benchmarking business performance internally and externally, and developing throughout the company a sense of ownership and trust. (original abstract)
Czasopismo
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Numer
Strony
30-37
Opis fizyczny
Twórcy
autor
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
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