Governance excellence is about leadership, continuous improvement and adding value. The challenge for all directors in a dynamic and complex environment is to be knowledgeable, critical, strategic and courageous – to ensure the long-term sustainability of their organisations.
There has never been a more exciting and challenging time to be a director. The landscape in which organisations are operating is demanding and constantly changing. Contributing factors include globalisation, geopolitics, rapid advancements in technology, disruption to business models, climate change and shifting demographics.
Corporate conduct and ethical behaviour are under increasing scrutiny, and investors and stakeholders are becoming more vocal in airing their concerns and aspirations. Directors have a key role in maintaining and growing trust and confidence in business and its role in society.
High-performing, effective, influential and progressive directors who are skilled in corporate governance focus on excellence and best practice to maximise value and performance. It means going beyond a compliance approach and aspiring to meet the highest standards of the profession.
The Institute of Directors (IoD) is committed to driving excellence in governance. Our goal is to inspire and equip people in governance to add value across New Zealand business and society. The Four Pillars of Governance Best Practice for New Zealand Directors provides IoD members with fundamental guidance on governance best practice and global trends.
Using this guide will help directors in leading governance, and to face the challenges and grasp the opportunities of tomorrow.
The Four Pillars of Governance Best Practice may not be reproduced, republished, posted, transmitted, or distributed in whole or in part without prior written permission.
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