Gouvernance
: What is at stake ?
Anticipating
risks and opportunities in strategic environment is a prerequisite
for improving the corporate competitivity and arbitrating its risks.
Further, succeeding in this paves the way toward fundamental value
creation. Under that respect, decision processes quality of organization
is the first issue that members of the board should address. Progress
in that field recquires the mobilization of all manager expertise
and a bold organization of decision processes both leveraged by an
efficient underlying modelization and forecasting tools.
The
increasing concern of members of the board for all types of investments
in the corporation requires more intense exchanges of views between
them and managers on value creation strategy. Such exchanges needs
to be precise and based upon updated anticipation on business prospect.
The business plan forecasting model should ideally be used as a media
for building a consensus between involved managers and MOB on what
should be anticipated from proposed decisions.
In
return performances of managers should be evaluated relatively to
the way risks and opportunities were managed. Such an evaluation should
be based on business plan models agreed for the evaluated period.
Such
a dialog, to produce corporate value, requires a relevant decision
process organization based on modelization platform making it quick
and easy to create, maintain and share business forecasting models.>>>