Authors include: Jacob Lamm, Helge Schiel, Marc Handal, Nancy Cooper and Robert Zanelia.
Governance is a buzzword in business today, but what does it mean and what benefits can it really offer? A host of stakeholders across various enterprises are pursuing governance initiatives, but those efforts are inefficient and unintegrated. The result is excessive cost and a dangerously incomplete picture of the risks of noncompliance. A new, unified model-Governance 2.0-can help today's complex organizations unify and simplify governance management. Business governance is not new, but the term has recently become a favourite among analysts, pundits, and business people. The rapid growth of regulations, including Sarbanes-Oxley and others, has increasingly brought governance into the everyday lexicon, and poses a tremendous challenge and opportunity: How does business address the burgeoning costs of governance and compliance, and how can it leverage the discipline of compliance with both external regulations and internal policies to improve performance? In many ways, "governance" has become the new management - the strategy and tactics enterprises adopt to achieve business goals, optimize operations, and limit risk.
