Organizations typically have development and training plans for their executive team (C-Level) to identify their strengths and opportunities for improvement. This allows them to have an increasingly competent and well-prepared team, should the need arise for a CEO succession plan or a promotion to a similar position in another organization or subsidiary (in the case …
In today’s medium-sized and large organizations it is very common to find a department responsible for the compliance function or leading the “ethics and compliance program,” understood as the set of policies, processes, and mechanisms that ensure this function is well-established throughout the organization. However, it is equally common to observe how some of these …
Compliance function: ¿What can be done to strenghten it? Read More »
Although the internal audit function and corporate risk management have been present for some time in organizations of a certain size, this question becomes relevant when deciding to incorporate the compliance function into the organizational chart. The reason lies in the dilemma presented by the possible creation of a management position (usually at the C-Level) …
Risks, internal audit, compliance: together or separately and where to place them? Read More »
Today’s organizations find themselves in an increasingly competitive and challenging market which forces them to face challenges that require greater attention and occur at a faster pace. This may vary among industries operating in a regulated market (for example, utilities) which will likely have a slower pace compared to those in a highly competitive industry …
If strategy is so important, why isn’t it reviewed frequently enough? Read More »
This is a very common situation in private and/or family-owned organizations led by their CEO/founder. However, it is striking how despite all the teachings about succession plans, these types of organizations still show a certain level of reluctance to address the issue of CEO succession. In this case, we will focus on private companies in …
What can be done to facilitate the CEO/Founder’s succession plan? Read More »
Most publications on independent directors typically discuss the advantages they bring to boards of directors and their organizations, something that is undoubtedly undeniable not only because of the diversity they represent but also because of the value they contribute to most cases. However, few discuss the challenges these directors may perceive in their own role. …
Independent Directors: What Do They Perceive of Their Own Role? Read More »
Annual General Meetings (AGM) or annual shareholder meetings are held in the first months of the year for corporations in the region. These meetings usually address a typical agenda with topics such as: review of the main financial statements, a management report, the external auditor conclusions and its selection for the new term, the profit …
Annual General Meeting: Opportunities in Board Structure Read More »
