Governance guides current initiatives and enables evolution as challenges arise. Constantly increasing pressure from new regulations, emerging technologies, risk managers, and finding qualified associates temps many organizations to make ‘rapid deployments’ an excuse for corporate shortcuts. The pace of change is accelerating just as demands are becoming more disparate across global markets. Organizations that implement governance and oversight measures discover that interactive organizations can achieve multiple goals with rapid implementation.
Boards of Directors are paying more attention to reliable communications, oversight of crisis management planning, and focusing on fraud and technology risk – both internal and external. Leadership continues to be the key to governance models that recruit, retain and promote tomorrow’s managers. This has been a challenge in any command & control structure, particularly in many young, rapidly growing businesses. Innovium Group, LTD has evaluated and implemented governance solutions for growing and international organizations.