What is a Governance Framework Strategy and Implementation?

A governance framework is essential for modern governance and legal operations; it directs how people interact with the organization, with regulators and with stakeholders to closely guide and monitor operations. A corporate governance in today’s progressive and aggressive business environment cannot be denied. Corporate governance allows companies to put their positive traits firmly on display. With these intentions made visible to all, companies are more likely to be held accountable for their behavior and actions — and thus more willing to distance themselves from duplicity.

Applicability

Acting as a supporting structure to entity management and compliance, a governance framework provides the trunk from which the various branches of compliant operations can grow. It is through governance that companies and other organizations stay on the right side of regulators, in terms of filing requirements as well as aspects such as company culture, remuneration methods and transparency of operations.

Objective

The objective of governance framework is to:

  1. Establish an organization’s approach.
  2. Ensures accountability, fairness and transparency
  3. Organizes operational, risk management, reporting and financial processes to ensure that the board gets continually updated.
  4. Provides the structure that drives the strategic plan.
  5. Help the boards make considered, data-based decisions.

Approach

Our approach has been covered in the following phases. It includes:

  1. Understand Organization Structure and Objectives
  2. Board Oversight and Governance
  3. Design Governance Strategy
  4. Management and Committee accountability and authority
  5. Implementation

      Why CyberSRC®?

      Established in January 2018, CyberSRC® Consultancy offers the full machination of cyber security services ranging from threat intelligence, VMS to general advisory services in areas pertaining to Cyber security such as vulnerability attacks, compliance, and cyber security regulations, and laws. We are into system audits such as ISNP Audits, NBFC Audits, UCB Audits, PPI Audits, and SEBI Audits. We provide our solutions with better accountability. We are a certified assurance firm. We are an ISO 27001 certified organization, backed by a very diverse and dynamic team which have a combined experience.