Playing by the rules

Article Abstract:

Corporate governance ensures company boards act appropriately and within the rules. The rules have been developed in order to protect members of the board, workers and investors from fraudulent activities. Shareholders should not be seen as the enemy but as a group who are interested in the well being of the company. The government may intervene if businesses are unable to regulate themselves. Some of the major UK companies have suffered from dissent and disagreement in their boardrooms which has had dire results for their organisations.

Management Functions, Corporate directors, Column, Corporate governance

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Outward bound

Article Abstract:

Some observers point out companies which outsource some of their functions may be passing on the difficulties they have found in providing a service to another company which lacks the ability to offer a better service. Once companies have decided to outsource a function it is very problematic to reincorporate the function. Many companies decide to outsource some of their functions in order to concentrate their efforts on the parts of their business where they have the most expertise. It is also a method of cutting costs.

Analysis, Outsourcing, Third-party maintenance, Third party maintenance

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