Measuring

"Enhancing performance through humanising, modelling and measuring governance"

Governance, however, is troublesome because it's very difficult to measure. There are many models of governance, however few, if any, afford the opportunity to measure it.  

 

The measures that do exist for Corporate Governance are simply not enough, and in fact, don't really get at the heart of the question, "how well are both the organisation, and the people within the organisation, 'being steered' and how well are they 'steering'?". 

Most attempts to measure the quality of corporate governance focus on compliance related issues. Numerous rating models also seem to focus on the inputs of governance, such as the composition of boards and the separation of the CEO and chairman roles.

Argüden, 2010[16] is clear,  they do not pay sufficient attention to the quality of information, decision-making processes, nor link the effectiveness of governance to output measures such as the brand image, employee and customer satisfaction indices, or profitability and value creation.

Also, most measures fail to deal with learning and development in governance and generally, measuring the quality of corporate governance is still a relatively new

concept[17].

 

The Governance Performance Indicia™ | govindicia™ affords organisations and boards the ability to quantify governance using quantitative and qualitative data, create tailored interventions and move towards better.

The model and assessment of governance, govindicia™, created over decades of experience and research, allows for this need for practicality and additionally provides the ability to assess and quantify each element. These data outcomes can be used to implement and drive governance improvements.

 

The assessment is through a 36-point, internally validated and confidence driven assessment tool. It is issued to all staff throughout the organisation and results are anonymised and then collated to produce outcomes for each of the elements and components above.

 

The outcomes are also aligned to various global corporate governance codes.

[16] Argüden, (2010). Measuring the effectiveness of corporate governance. Leadership and Organisations.

[17] Darko, T et al., (2014). Measuring the Quality of Corporate Governance – A Review of Corporate Governance

Indices. European Journal of Economics and Management (1234-5678) 1 (2014), 1; 234-251

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"Enhancing performance 

through governance"

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Governance Performance Indicia™ and govindicia

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