A recent e-newsletter from www.directorsandboards.com asked recipients to briefly outline one big idea that could revolutionise corporate governance. Readers may be interested in Caroline Oliver’s response to the request:
“Stop the intermittent slogging from one “best practice” to the next or, since 1990, from one code to its successor, and start operating from a credible theory of corporate governance. John Carver’s Policy Governance® model being the one example we can cite today.
Overwhelming historical evidence demonstrates that when any field develops, tests, and hones theory is when single steps of improvement become transformation-witness aeronautics, medicine, chemistry, and on ad infinitum. So it will be with corporate governance.”
For further information about Caroline Oliver, click here.