Articles Archive for March 2009
The financial crisis has regulators, governments, and the media focused on economic stimulus. However tough questions will soon be asked about what went wrong. Ineffective governance will be one of the first targets, and it won’t be just the financial sector that faces increased scrutiny[i]
Few doubt that effective governance has value, but to paraphrase Warren Buffet “the tide has gone out, and Sarbanes-Oxley for example, looks like it was swimming naked”. Investor confidence has not increased, management accountability is being called into question and the tens of billions spent by …
Featured, Project Governance »
Project governance is the emerging sub-discipline bridging corporate governance with project management. Corporate governance is the system to direct and control strategies to achieve an organisation’s vision and a mission. These strategies are often implemented through projects, and have traditionally been delegated to project managers. However, this has left a very big gap between strategy and execution because project management focuses more on efficiency (on-time, on-budget) than effectiveness (business outcomes). Project governance fills this gap and focuses on realising the business outcomes needed to achieve an organisation’s vision and mission.
Featured, Headline, Project Governance »
6Q Governance™ is a discipline to steer strategic initiatives to succeed. It is the first major breakthrough on project failure in over 40 years with research suggesting it will increase GDP by 1-3%.
Typically less than a third of projects realise their expected results. 6Q Governance™ focuses organisations to achieve at least 60% and targets 85% success rates.
6Q Governance™ is a research-led enhancement of Australian and international governance Standards (AS8016, ISO38500). It focuses boards and key stakeholders on the six core issues that determine success or failure. It flexibly builds on …