Ishmael Yamson & Associates
   2ND Floor J B PLAZA,
   ACHIMOTA-GIMPA RD. (KISSEMAN JUNCTION)
   P.O. Box 3260
   Accra, Ghana
Programme 10

CORPORATE GOVERNANCE



SUMMARY

The health of every business and organisation depends on the quality of its Corporate Governance structures and compliance. Corporate Governance has assumed pre-eminent position because it now defines the benchmark for good corporate behaviour. Experience has shown that companies and organisations with effective corporate governance culture perform better and are able to sustain performance.
Today, however big or small an organisation, wherever it is located and whether public or private, stakeholders demand very high standards of corporate behaviour at all levels;
- At the statutory Board level,
- At the executive level,
- In processes and systems,
- In functions,
- In the integrity of the results communicated to the public,
- In the way risk is managed, and
- At the level of the community and environment protection.
Corporate Governance has now been pushed beyond just conformance onto a strategic platform where governance becomes a key driver of sustainable performance.
For companies and organisations (public and private) to remain viable and relevant, their corporate governance practices must be impeccable.

LEARNING OBJECTIVES

The Corporate Governance Programme will help:
• Board Chairmen, Chief Executives, Board members and other executives to understand the critical need for good corporate governance,
• Determine their company’s status of compliance,
• Understand what they need to do and what not to do and the implications thereof,
• How to use Corporate Governance to secure competitive advantage and drive outstanding performance.

METHODOLOGY

There will be three modules.
1. The principles of Corporate Governance, their requirements and compliance. There will be detailed study of relevant laws, regulations and guidelines, including Section 404 of the Sarbannes Oxley Guidelines, the Companies’ Code of Ghana, the Ghana Stock Exchange Regulations and the Security and Exchange Commission Regulations. It will also deal with Operational Control Assessment and Procedures and Risk Management.
2. The application of corporate governance principles in all the operations of the organisation.
3. Finally, a focus on the need for a shift from traditional auditing to pro-active risk management to secure positive assurance.
There will be lectures, interactive discussions and syndicate exercises. TARGET

Board Members, Chief Executives, Directors, Managers and key non-Management Staff

DURATION: 2 Days

DATE :June 2008

COST: GHC500.00 for a minimum of 20 participants. Cost includes hiring of venue, programme materials, meals and snacks.
News

20/08/08
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20/08/08
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20/08/08
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Speeches

The Chairman of Unilever, Mr Ishmael Yamson, has identified poor governance as the leading contributory factor for Africa's retrogression. He said poor performance by African governments in accountability, transparency, predictability and participation was the bane of the continent's development and progress.

Mr Yamson, therefore, proposed major changes to reverse the trend and the adoption of strategic approaches to Africa’s development by its political leaders.

He was presenting a paper on the topic, "Consolidating Political Stability in Africa for Accelerated Growth":

Possible Initiatives/Role of the Business Sector in Consolidating Political Stability", in the first ever Daily Graphic Accra Governance Dialogue in Accra yesterday.

Mr Yamson challenged governments in Africa to grow out of the tendency of becoming preoccupied with short-term problems and short-term strategies and stressed the need for them to think in the long term and act with the strategic objectives of their countries in view in order to realise the benefits of good governance.

Linking good governance to political stability, high economic growth, sustainable development and accelerated regional and continental integration, he admitted the difficulty in getting good governments on the continent.

That, according to him, was because adherence to the principles of good governance was not robust.

Addressing the factors which drove good governance, Mr Yamson listed nine inclusive principles as important for Africa’s efforts at building and sustaining political stability.

"African leadership with integrity and trust, the capacity and ability to design, own and deliver sound and transformational economic policies, credibility, democracy and culture, as well as integrity, are drivers of good governance," he said.

 
     Ishmael Yamson, Snr.