Creating Corporate Culture

For a corporate governance framework to be effective, the organization’s leadership values and principles must be reflected in day-to-day activities and executive behavior. Corporate governance is essentially about behavior and this session looks at how companies can work on their corporate culture by incentivizing the right behaviors.

This session aims to set the scene for the rest of the day. The session will cover the concept of culture in general, the meaning of corporate culture, and what are the elements of corporate culture. The session also discusses the process of making decisions in companies and the effect of culture on the process.

The Board’s role in defining and monitoring culture

The board of directors is responsible for deciding on the direction of the company, approving the strategy, and setting the company’s values and ethical standards. This session aims at presenting some of the key areas that the board in charge of and that directly affect the corporate culture. This includes the tone at the top, risk appetite, internal audit systems, values and ethics, remuneration and KPIs.

Diversity in the board room – How to change the culture

Board rooms are typically male dominated. The session explores how to overcome cultural barriers to more female representation in the boardroom and how board diversity can positively impact the overall corporate culture.

A Chairman’s Interview – Leadership and the creation of good corporate culture

It has been said that “culture eats strategy for breakfast”. This one-on-one interview will focus on the role of the Chairman in creating the culture within the boardroom and across the organization to support the achievements of business goals.

In this session a Chairman of one of the organizations that went through a successful process of culture change will be interviewed. The interview will focus on the reasons that led to desire to change the organizational culture, how it was done, and what are the lessons learnt from the experience.

Measuring Corporate Culture

This session aims to discuss ways in which we can measure and assess corporate culture. This includes key parameters in evaluating corporate culture.

Should regulators be concerned about corporate culture? What are the elements of culture that regulators should keep their eyes on? Can regulation and enforcement change corporate culture?

What are the latest regulatory changes regarding corporate culture? These are some of the questions this session aims to answer

Corporate Culture, Performance, & Sustainability – the implementation challenge

There is a strong correlation between sustainability practices and firm valuation.

Sustainability relates to the business approach that creates long-term shareholder value by embracing opportunities and managing risks deriving from economic, environmental, and social developments.

However, sustainability practices often require a change in mindset and in behaviors pf employees, .i.e., in corporate culture. This session focuses on implementation of cultural change in the context of sustainability.