THIS IS A DOCTORAL LEVEL COURSE, IN DOCTORATE OF BUSINESS ADMINISTRATION PRPOGRAM, THIS COURSE IS CALLED (Organizational Governance and Accountability). PLZ BE PROFESSIONAL
EVERYWEEK, WE HAVE A MODULE, HERE IS THE SUMMARY OF THIS WEEK MODULE, SO U CAN UNDERSTAND WHAT THIS WEEKS LESSON IS ALL ABOUT
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Module 8: Model for Successful Governance
Welcome to the final module in this course! As you have learned, there are many components to Corporate Governance systems. These policies, procedures, processes, and mechanisms are what control and direct the day-to-day operations of an organization. There is no one size fit all Governance model. Factors such as the type of organization (private, public, or nonprofit), size of the organization, the country where the organization is located, past governance issues, etc., all can affect an organizations Governance model.
Ultimately, someone has to decide on the organizations specific governance model. In many cases, it might be just a matter of modifying the companys existing Governance model. Responsible company representatives must look at current best practices, including benchmarking other similar type organization. In addition, the specific Governance model should also consider the current social, regulatory, and financial market environments.
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Considering the organization you currently work in or previously worked for, determine the theory best suited for the organization.
Based upon the theory you selected, review the background reading and external research (if applicable), and select a governance model that builds upon the underlying theory you selected.
In your discussion, provide the rationale as to why you believe both the theory and model are correlated, and why you selected the two for your governing organization of choice.
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