Corporate Governance and its Role in Managing Transitions and Change
Keywords:
Corporate Governance, Role, Managing Transitions, Managing ChangeAbstract
Change is inevitable. Leaders must be knowledgeable. Corporate governance and its role in managing transitions and change have an impact on the success or failure in the corporation’s initiative to further enhance, develop the capabilities and potential of its members in adopting and sustaining change from the transition period to the targeted change. This study aims to identify the approaches, and certain guiding theories that may help leaders in the corporate setting governance, and also identify challenges and difficulties in implementing and executing change, manage the transition that will highlight the role of corporate governance. Governance culture helps in the achievement of the company’s vision through strategic execution of its policies to “Being in one boat” and “No one is to be left behind” from top to bottom.
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