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Delivering High Performance Organisations Through Enterprise-Wide Governance and Strategic Leadership

Bharat Vagadia

Chapter 2 in Enterprise Governance, 2014, pp 7-35 from Springer

Abstract: Abstract Traditional top down corporate governance and the associated strategic decision making models (strategic planning models) do not provide the speed, flexibility, and responsiveness needed by firms to reposition efficiently and effectively in response to an ever changing global market environment. While it is important to begin with a mission orientation and move culturally through the executive strata into the root structure of the varied functions of the organisation, it is critical in today’s dynamic market conditions to recognise opportunities and threats early and exploit or defend quickly and robustly, realising that consequences of not doing so, or doing so slowly, may endanger the organisation. High performance organisations are like guerrilla organisations that ensure proactive decisions are taken quickly and new strategies are rapidly developed to both survive and thrive in highly competitive markets. Decision making within these firms is by its very nature a rapid, iterative, interactive process involving stakeholders and their interdependent relationships to the various internal and external environments.

Keywords: Corporate Governance; National Health Service; Good Governance; Governance Framework; Airline Industry (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-642-38589-6_2

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DOI: 10.1007/978-3-642-38589-6_2

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