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Success can only be achieved on a sustainable basis, if boards behave as a role model for implementing the CRAFTED principles of governance in their own operations and ensure that the corporation follows these principles in making key decisions. This highly-interactive course immerses you in the foundation to analyze and approach negotiations for optimal results. The COSO paper also notes that management is accountable to the board and that the board's focus on effective risk oversight should be applied within the framework of a strategy, formulating appropriate objectives and approving resource allocations consistent with effective implementation of the strategy.
Publisher: The Economist (April 8, 2014)
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