Posts by Shift One
Digital Governance Framework
The digital governance framework can be used in public, private and non-profit organisations, locally and internationally. It is designed to provide a singular view of the organisation’s governance, risk and compliance (GRC) status at any one point in time, covering all the organisation’s key strategic and operational areas. Given this ability to determine the organisation’s…
Read MoreEMPOWERING THE CEO: THE ROLE OF GOVERNANCE IN A DYNAMIC WORLD
In our previous article, we explored the critical role of a governance framework in setting the tone for corporate governance. Now, let’s delve into how this framework empowers the CEO to effectively lead. The CEO sits at the helm, responsible for steering the organisation towards success. Their role is multifaceted, encompassing strategic vision, operational excellence,…
Read MoreCFO Strategic Priorities 2025 | Key Trends for Finance Leaders
As we look ahead to 2025, global CFOs face both continuing and emerging challenges in an evolving business environment. Insights from global CFO surveys conducted in 2024, including Deloitte’s 2024 Global CFO Signals report and KPMG’s CFO Outlook Survey 2024, highlight key themes that are shaping the priorities for finance leaders worldwide. Below is an…
Read MoreWhy Your Company Needs a Governance Framework
In South Africa’s fast-moving and complex business world, having a solid governance framework is more crucial than ever. It’s not just about ticking legal boxes—it’s about setting your business up for long-term success, managing risk and compliance, and ensuring transparency, accountability and ethical business practices. Whether you’re running a large corporation or a growing business,…
Read MoreDirector Delinquency: Legal Framework and Case Law
According to the Oxford Dictionary, a delinquent is defined as “a young person who tends to commit crime” or “showing a tendency to commit crime (especially of young people or their behaviour).” Similarly, the Cambridge Dictionary describes a delinquent as “a person, usually young, who behaves in a way that is illegal or not acceptable…
Read MoreThe Spotlight Shines on Financial Governance: Why Strong Internal Controls Matter More Than Ever
Recent local headlines showcasing financial and corporate governance shortcomings and irregularities involving large corporations serve as stark reminders of the critical role financial governance and internal controls play in ensuring organisational stability and stakeholder confidence and trust. While the specific details of each case may differ, a common thread often emerges – inadequate safeguards against…
Read MoreThe Role of the Board in Risk Management: Risk Governance and Oversight
The board of an organisation holds the ultimate responsibility for risk management and internal, making its role one of risk governance and oversight. But what exactly is risk governance and oversight? While various definitions exist, the core of risk governance and oversight lies in the actions, processes, and structures through which authority is exercised, and…
Read MoreHow Can We Help? Top CFO Strategic Priorities for 2024
Attending the Finance Leaders Conference in November 2023 shed light on the CFO’s top strategic priorities for 2024, as identified in the Deloitte SA CFO Survey H1 2023. These priorities, in order of significance, are cost optimisation, better cashflow management, and digitalisation. In our next article, we will address other priority areas for the CFO…
Read MoreIndustry: Listed Mining Client
Industry: Listed Mining Client The challenge The company required a service provider to facilitate their annual strategic risk assessment. Key aspects of our solution Desktop review of prior year operational and strategic risk registers and key business documents. Review and update of risk management framework. Stakeholder engagement conducted to identify operational and strategic risks. Facilitation…
Read MoreIndustry: Telecoms
Industry: Telecoms The challenge The listed telecoms group had just updated their operating model and needed to develop an accompanying delegation of authority framework to give effect to the new operating model. Key aspects of our solution Extensive stakeholder engagement conducted and desktop review of existing governance structures and governance documents across the group. Governance…
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