Advertisement

Internal Strategy: Governance Structure

  • Lawrence P. Carr
  • Alfred J. NanniJr
Chapter

We are told solid foundations are necessary for strong structures. Configuring the ownership and governance, the platform of a firm, is critical for creating a well-built MSDR system. The home foundation contains the critical sources of water and power so necessary for a well-functioning house. The governance structure establishes the pathways and control of an organization. It directly affects how the organization functions and how the agents manage the firm. Just as architects must consider the building configuration when designing the operating systems, MSDR designers must consider the nature of the business, the structure of ownership, and the strategic intent. In this chapter, we explore the governance structure, and in the next chapter we look into the organizational structure.1

Governance Structure

The organization’s structure has everything to do with the execution—and ultimate success—of strategy. Starting with the stockholders, it is extremely important that they are in...

Keywords

Corporate Governance Board Member Governance Structure Chief Executive Officer Audit Committee 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media, LLC 2009

Authors and Affiliations

  1. 1.Accounting & Law Div.Babson CollegeBabson ParkUSA

Personalised recommendations