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A symbiotic relationship between education and the corporate world has always existed—an educated workforce drives a thriving economy; conversely, a healthy economy provides a strong tax base that funds school systems. The COVID-19 crisis has brought the two segments together in what amounts to a collision course and along the way has exposed some cracks in an already stressed system.
Capitalism is a concept that has been around since the 16th century, but recently has seen a major evolution in the UK economic market.
Corporate accountability best practices are evolving, and technology may advance to develop new practices even further for organizations.
With the new purpose of a business, it's important for your board to revisit your corporate governance policy in regards to all stakeholders.
The differences between GRC & IRM are rather subtle, but is a semantical shift as more modern technology is being introduced to quantify risk.
During times of major decisions, boards should have the opportunity to request and receive additional information to make informed decisions.
