Blog - Opinion
The Jacoby Consulting Group Blog
Welcome to the Jacoby Consulting Group blog.
You will immediately notice that this blog covers a wide range of themes - in fact, whatever takes my fancy or whatever I feel strongly about that is current or topical.
Although themes may relate to business, corporate or organisational issues (i.e. the core talents of JCG), they also cover issues on which JCG also feels warranted to comment, such as social issues, my books, other peoples' books and so on.
You need to know that comments are moderated - not to stifle disagreement - but rather to eliminate obnoxious or incendiary comments.
If a reader wishes to pursue any specific theme in more detail, specifically in relation to corporate, business or organisational issues, or in relation to my books, then the reader is invited to send an off-line email with a request. A prompt response is promised.
I hope you enjoy this blog - sometimes informed, sometimes amused and sometimes empassioned. Welcome and enjoy.
JJJ
Corporate Governance: compliance versus performance
Organisational Performance is the principal objective of the board while Compliance is a required and necessary enabler.
If the Board can't ensure Compliance with all required legislation and regulation, then it's not fulfilling its role. It needs to get more expertise or personnel or both.
If it's not ensuring optimal performance, it is probably underskilled.
In any case, the Board's responsibility is to do both and do both adequately - it's not a trade off or a balancing act. The Board is afterall, being held accountable for both performance and compliance.
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