Governance Institute blog

Start where you’ve got the best chance of success…….

Posted by Helen Burgess, Executive General Manager, Corporate Relations & Reputation, NRMA on 28/06/2016

Start where you’ve got the best chance of success … that’s the best bit of advice I can give any organisation setting out on the ‘whole-of-organisation governance’ journey. Nor is it realistic to think you can do it on your own. You have to build support, break down the silos and get everyone on song. For my part, I began where I believed I had the best chance of success; with other leaders in the organisation who had the same passion and drive as I did to put in place the framework and linkages needed to deliver outcomes we want.

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Groundswell of support for wholesale review of the Corporations Act

Posted by Judith Fox, National Director, Policy & Publishing on 20/06/2016

Enacted over 20 years ago, the Act governing Australia’s companies and financial markets came into effect before we had hybrid cars, caller ID, lithium batteries, jpgs or mobile broadband and is now in urgent need of a major overhaul if it is going to support and not hinder a dynamic, entrepreneurial and innovative economy.

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Did I just blow the whistle?

Posted by Brian Hood, whistleblower and former company secretary at NPA on 26/05/2016

When Brian Hood, the former company secretary at Note Printing Australia (NPA), a subsidiary of the Reserve Bank of Australia (RBA), raised concerns about wrongdoing in the organisation, he was not only met with resistance, but had to face harassment and intimidation at the hands of the perpetrators, ultimately losing his job and then face public denials of the existence of his whistleblowing by his former employer.

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Public sector governance — challenges and approach

Posted by Judith Fox, National Director, Policy & Publishing on 09/05/2016

The public sector constitutes the backbone of any government or society, and effective governance within the public sector can make a vast difference to how public sector entities perform and to the outcomes sought by a government. This makes it a compelling reason for public sector entities to periodically review and refine their approach to governance.

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Corporate culture — how well are you managing this risk?

Posted by Judith Fox, National Director, Policy & Publishing on 19/04/2016

Company directors are being challenged like never before to keep a close eye on their corporate cultures. ASIC, APRA and more recently Prime Minister Malcolm Turnbull have all strongly emphasised the role that corporate culture plays in driving employee behaviour.

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Risk management culture: Is your organisation ‘risk-ready’?

Posted by Rachel Waterhouse, Manager, Marketing & Membership Services on 14/04/2016

The single most significant event to jolt the business community into taking risk management seriously was the global financial crisis (GFC). That was over a decade ago. Today, economic conditions have evolved and while the risks may be different, they are no less urgent. Businesses face a future where technological resilience can make or break business models and innovation is a key to survival.  

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