12. corpo HQ and parenting Flashcards
corpo parenting
role of HQ managing BU
parent characteristic
mental maps
functions central services and resources
decentralization contracts
people and skills
structure system and process
condition for parenting
value insight
distinctive characteristic
heartland business
source of parenting value
standalone influence
linkage influence
central influence
corporate development
dimension of corpo influence
vertical dimension (directive and evaluation)
horizontal dimension (standalone and linkage)
3 typical clusters
strategic planning, strategic control, financial control
6 functions of BoD
strategy oversight
monitor performance
risk management
executive oversight
remuneration alignment
financial integrity
benefit of effective corpo governance
less sensitivity to market shock
attract investor
innovation growth
shareholder are treated fairly