Letters Deliver good governance to lower volatilitySummary There is no doubt that there is a clear link between governance failure and the collapse of major private companies. The companies are collapsing because implementation and practice of good governance is not anchored in effective leadership, integrity and personal responsibility as demanded by the volatility, uncertainty, complexity and ambiguity (vuca) ecosystem. The companies are collapsing because implementation and practice of good governance is not anchored in effective leadership, integrity and personal responsibility as demanded by the volatility, uncertainty, complexity and ambiguity (VUCA) ecosystem. BUILD CREDIBILITYAs well as providing direction, inspiration, and guidance, good leaders are purposeful and exhibit courage, passion, confidence, commitment, and ambition. Recognise success: frequently and consistently good leaders recognise achievement as one of the most powerful habits of inspiring leaders.

Source: The North Africa Journal July 09, 2021 11:15 UTC