BUSINESS MANAGEMENT
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What is GOVERNANCE? Governance is the most important role in any organization. The OSTERIO Group has developed a practical approach to Governance designed to make the vice presidents in any company be successful in accomplishing their business objectives and to effectively manage business risk. Most managers, when promoted to a vice president position, either continue to manage their operations exactly the same way they did as a manager or, alternatively, adopt a "hands off" approach based on the fact that they "hire good people". Both are dangerous. The first results in micro management. The second results in setting managers up to fail. Vice presidents and higher in any organization must know the difference between Governance and Management. Governance involves a fiduciary responsibility to the stockholders' assets which micro managing and hands off do not accomplish. Governance is a lot more than policy setting. Our practical tools, refined and proven for over ten years, for governance are invaluable for any vice president to protect them for allegations that they are negligent in their custodianship of the stockholder's assets. Our Governance tools are invaluable for internal auditors to help them provide assurance that vice presidents are properly discharging their fiduciary duties.
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The Best of the Best for 2006RBIA
Gold Medal RBIA
Silver Medal RBIA
Bronze Medal Congratulations!
SOX
404 RISK CONTROL MANAGER 2.1 SOFTWARE
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RBIA
and PGRM Osterio, Inc. All rights reserved worldwide.
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Updated: February 2, 2007 |