Here's how to create an effective authority grid
Make it crystal clear and widely understood, says DAVID CONNER
THE Code of Corporate Governance requires every company to have "guidelines setting forth: (a) the matters reserved for the Board's decision and (b) clear directions to Management on matters that must be approved by the Board" and that "the material transactions that require Board approval under such guidelines should be disclosed in the company's Annual Report". (Guideline 1.5)
It is generally …
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